ABSTRACT The main purpose of this project is to point out the relationship between external equity in discussing pay versus benefits‚ and also to investigate the best compensation package (with special focus on external market competitiveness and internal equity) that will be of benefit to recruit and retain productive and motivated staff members. Key words: external equity‚ compensation‚ internal equity‚ motivation CHAPTER
Free Employment Salary Employment compensation
Hygiene or maintenance factors as highlighted by Mullins (2008) are connected with parts of the job which are expected to be present. For example: Working conditions‚ salary‚ interpersonal relations. These factors are seen as extrinsic according to Robbins & Judge (2009) and serve to prevent dissatisfaction. Mullins (2008) highlights that the absence of these hygiene factors result in dissatisfaction. The second factor as part of the theory; motivators or growth factors‚ are concerned with: recognition
Premium Employment Employment Motivation
This form should be completed‚ and attached as the cover of each piece of assignment submitted. Please note without the cover sheet your assignment cannot be marked. STUDENT NAME: Jamila Al Hosani PROGRAMME START DATE: PROGRAMME TITLE: CIPD Certificate COURSE LOCATION: Abu Dhabi- PERSONAL TUTOR: ASSIGNMENT TITLE: Assignment (Supporting Good Practice in Performance and Reward Management SUBMISSION: 1ST 2ND Extension(delete) DATE OF SUBMISSION:31-10-2013 Before
Premium Maslow's hierarchy of needs Performance management
Cognizant – Analysis and Success Factors Cognizant Technology Solutions Corporation is a provider of custom information technology‚ consulting and business process outsourcing services. Cognizant was founded in 1994 as an IT development and maintenance services arm of The Dun & Bradstreet Corporation‚ at Chennai‚ with Kumar Mahadeva as its Chairman and CEO. The company was spun off as an independent organization two years later and moved its headquarters to US. Kumar Mahadeva resigned
Premium Management occupations Business process outsourcing Outsourcing
The following SWOT analysis illustrates Electrolux’s internal and external environment to address the company’s current situation‚ for further adaptable use‚ e.g. strategic capability affecting the business’ strategy planning. 1.1 Strengths • Electrolux’s undeniable quality concentrates on sustainability issues‚ for instance‚ the green range products; subsequently‚ the company increases its reliable corporate picture by its thoughtfulness regarding sustainability issues‚ as it may help with other
Premium Strategic management Strategic management Vacuum cleaner
Analysis of External Environment of Ducati (Answer of Q. 2) In classical strategy literature‚ competitive advantage of a company is generally attributed to the management’s ability to position the company’s assets against some external context (Mintzberg et al‚ 2005 & Juga‚ 1999). This external context is referred (Porter‚ 2004) as external environment for a particular company. According to Johnson et al (2008:54)‚ the environment is what gives organisations their means of survival.” So‚ it
Premium Strategic management Management Marketing
Books 1-4 Book I Summary: The narrator calls upon the Muse to help him tell the story of Odysseus. We pick up ten years after the fall of Troy in the Trojan War (the subject of The Iliad). In trying to return home‚ Odysseus and his shipmates had numerous adventures‚ but now Odysseus has been left alone on the island of Ogygia for the last eight years‚ captive of the beautiful goddess Kalypso. We are told that Poseidon‚ god of the sea‚ will make Odysseus’ journey home to Ithaka even more difficult
Free Odysseus Odyssey
socially unacceptable. Individuals who are known as being greedy are often acknowledged as people who are not thankful for what they have. Greed is a voracious need for more‚ and to some‚ more is never enough. In Laurence Shames’ article‚ “The More factor”‚ the concept of growth and wanting more is dubbed as insidious because Americans are shown as being exceedingly greedy to satisfy their own ends instead of promoting widespread growth. Such satisfaction must take advantage of new ‘frontiers’ to profit
Premium United States Economics Capitalism
based upon tenuous assumptions. Specifically‚ their models are built on downward sloping demand curves‚ upward sloping supply curves‚ perfect competition‚ rational consumers‚ benevolent dictators‚ and general equilibrium; there is no dynamic analysis‚ no consideration of disequilibrium‚ and no role of private sector debt” (Kaiser‚ 2011). The policy cross as shown to the left indicates that as e increases m decreases‚ and current account improves. To offset this‚ an increase in g is required
Premium Inflation Macroeconomics Economics
Internal and External Equity Comparison Vaughn V. Van Over HRM/324 June 29‚ 2015 Professor Rebekah Benson Times change and as a result businesses have to change. Today ’s businesses face a very competitive globalized economy. For any organization to be successful in that market they have to take a substantial stand toward equity. Equity can affect an organization ’s ability to attract new employees‚ motivate current employees‚ and retain the best employees. All companies regardless of
Premium Employment KFC Employment compensation