Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Incentive of the employer and employee - Research Paper Example

Comments (0) Cite this document
Employer incentives are rewards for employers, usually setup by the government in the form of funding, so that the employer would increase employment of apprentice or trainees in specific areas where there is shortage in the skill set. Incentives to employers could be in the…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.3% of users find it useful
Incentive of the employer and employee
Read TextPreview

Extract of sample "Incentive of the employer and employee"

Download file to see previous pages Through incentives employees remain motivated to perform and it gives them the opportunity to get a little extra something other than their annual pay (Fisher, 26).
Employer is a person or institution that hires workers or employees, whereas an employee is a person in service of an employer under contract of hire. The employer has the power to direct the employee in the manner the work has to be done (Fisher, 87).
Employee incentive program has become a significant element in an HR toolbox. Employee performance has become a very important part for the success of the company due to the competitive pressure and increase in demands. To develop, launch and implement an effective employee incentive program it is important to identify the goal that leads the organization forward towards success. The incentive program should be such that it stimulates employees to achieve company goals. It should also have the potential to grow and increase the job satisfaction and employee morale. The program recompenses and emphasizes actions that have an encouraging influence on the company. Following are some key points to develop an effective employee incentive program (Rosenbloom, 357).
Types of performance and behaviors that are to be encouraged need to be clear. Regular and ongoing reminders have to be provided in order to keep the enthusiasm high. The program should be continuously evaluated and modified so as to ensure that it continues to be effective (Rosenbloom, 398).
First step is to create a brief survey and distribute to employees asking for incentive ideas. Evaluate the responses in terms of tangible or intangible rewards. The survey should ask questions about recognition and rewards without differentiating between monetary and non-monetary rewards.
Employees are to be provided with clear choices in the survey in order to get clear answers. Questions should be asked to check the employee preference of a cash reward over a personalized inscription ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Incentive of the employer and employee Research Paper”, n.d.)
Incentive of the employer and employee Research Paper. Retrieved from
(Incentive of the Employer and Employee Research Paper)
Incentive of the Employer and Employee Research Paper.
“Incentive of the Employer and Employee Research Paper”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Incentive of the employer and employee

Employee Incentive Plan Evaluation at XYZ Industries

...?Employee Incentive Plan Evaluation at XYZ Industries Introduction: Employees are considered to be one of the most important assets of an organization and keeping them happy and motivated is essential for effective performance of tasks and duties. This paper provides an incentive plan implemented in January 2010 in XYZ industries, a privately held corporation engaged in the manufacture and sales of high quality intravenous (IV) blood bags. The company was started in 2002 and had a steady growth with its markets (hospitals and blood banks) in the Northern United States. A review of its successes and failures will also be done at the end. Brief details of the company:...
3 Pages(750 words)Essay

Incentive Plans

...of new market segments, excellence in customer services, and delivery of other support functions. In case of team selling activities, this incentive plan is more appropriate because it is very difficult for the management to identify individuals whose effort contributed to the sale. In addition, the method can be used in any situation where a flawless employee performance evaluation is not possible. From the perspective of salesperson, the salary incentive plan is more secure because incentive rate does not change according to the sales volume fluctuation. In the words of Reinfeld (1996), employees who are working in service sector are non-aggressive and...
3 Pages(750 words)Research Paper

Employer-employee relations in Coca-cola

...Employer-employee relations in Coca-cola Employees’ relation in organizations has been a controversial issuefor a notable period. In fact, managements have used much of their important time solving issues among employees. Further still, performance in many organizations, especially those that do not employ strategies to address the issue has deteriorated significantly. Scholars have noted that proper relation contributes positively towards realization of organizational goals. As such, this essay will outline the reasons as to why conflicts occur between employers and their employees and some of the manner that the conflicts can be...
11 Pages(2750 words)Essay

The Relationship Between an Employer and Employee

...? CASE STUDY Number October 9, OUTLINE CASE STUDY I. IDENTIFICATION OF LEGAL ISSUE II. RELATION BETWEEN THE CASE AND RELEVANT PRINCIPLES OF LAW III. APPLICATION OF PRINCIPLES TO THE FACTS IN THE CASE IV. CONCLUSION Identification of Legal Issue The relationship between an employer and employee ought to be defined by a contract. Through the contract, an employee gets to understand his or her duties, while the employer defines his conditions and terms for the job. In this case, there is no mention of a written contact, so it can only be assumed that June’s relationship to Westwood University Library, which is an employee-employer...
6 Pages(1500 words)Case Study

Employee/Employer Relationships

...Employee/Employer Relationships Traditionally, the relationship between employers and employees in the developed economies was based on the need tomaintain stability both in the worker’s contribution and the firm. The relationship between the worker and the employer was aimed at ensuring the organization did well financially. Therefore, in the white-collar sector, it was expected employee careers would advance along an escalator of sorts, where employees who followed the required organizational rules were expected to rise up the career ladder. In exchange for continued employee productivity and expected...
7 Pages(1750 words)Essay

Employer & Employee

...Employer & Employee Within the professional literature at large, there are a number of disciplines from whose perspectives Website of and their qualities are being studied, namely engineering, education, business, communication, and the social sciences. The field of communication offers principles most adaptable to users use. In the communication literature, the Internet and the Web are discussed as distinct media of communication that are sufficiently different from other media as to warrant further exploration. It is noted that there are no traditional methods for studying the Internet, and that, although it is obviously a distinct type of communication medium, it...
2 Pages(500 words)Essay

Incentive Plan

...Topic :Incentives Plan d. March 18, 2008 Serena is a new Restaurant opened at sea side in southeast Kittakyosho of Japan. It is a small fast food Restaurant serving the local Japanese population and visitor from across Asia. The city is famous for serene environment, visitor attraction and fish and chips foods available 24 hours. The restaurant is a new addition to the available food sites on the southern hemisphere of Japan. This restaurant was started in July 2007 with a staff of 100 employees. The main chefs and management staff make only 10% of the employees. The other 90% employees are young boys and girls below the age of 30 years. 30% of them work in shift of six...
2 Pages(500 words)Essay

Employer Employee Relationship Quiz

...Employer/Employee Relationship Quiz Is Mary an independent contractor or an employee Describe the factors that led to your determination. Answer: It seems that, initially, Mary was hired as an independent contractor. This is evident from the fact Mary was hired for a special project, as it is clearly mentioned in the scenario-- "The company enters into a contract with Mary to complete this project". And when she was required for a new project she was "asked to continue". Had she been an employee, she would have been bound to continue with whatever project comes her way. Also, if an employer engages a worker with the expectation that the relationship will continue indefinitely, rather than for a specific project or period... , this is...
2 Pages(500 words)Essay

Employer-Employee Relationship morale boosters, too many restrictive controls aggravate employee relations and become a hindrance to qualitative and quantitative output. As such, ideally visible control systems must be located at critical, risk points. However, intelligent control systems that foster discipline must be discreetly and judiciously exercised. Conclusion A good organization is one where there are regular employer-employee interactions, delegation of responsibilities, flow of information from top to bottom and vice versa, proper coordination across the rank and file, grant of rewards and incentives. The organization's workforce is the body frame and life blood of the business. Its...
7 Pages(1750 words)Essay

Can an Employer Dismiss an Employee Fairly

...TASK Employee Relations & Reward INDU1050 Essay Can an employer dismiss an employee fairly; if so in what circumstances and how? Introduction The evolution of organizations experienced unprecedented growth which necessitated laws to be enacted. For the benefit of both employers and employees, labor laws were structurally designed to ensure fair and just treatment of both parties. The Employment Rights Act (ERA) 1966 covers British Employment Laws including terms and conditions which cover dismissal of employees. It is in this regard that this essay is written to determine if an employer...
20 Pages(5000 words)Dissertation
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Incentive of the employer and employee for FREE!

Contact Us