Determine whether base pay should be an important component of compensation for the sales staff. If so determine the most appropriate method of determining base pay for the sales staff. What factors did you consider in making these decisions? Ben Hanlon ORGS 3146 February 8‚ 2014 Base Pay as Compensation Base pay is the amount of money an employee is making prior to any sort of compensation or other benefits. Compensation methods such as bonuses‚ indirect pay‚ and performance pay
Premium Sales Motivation
Compensation is a very important aspect of the employee of a company; it seems important a well-defined compensation package is in place. “Compensation involves direct cash payments‚ indirect payments in the form of employee benefits‚ and incentives to motivate employees to strive for higher levels of productivity.” (Cascio‚ 2010‚ p. 413) It seems a compensation package will be different for each different career type but must always meet the needs of the employees and the organization. A proposal
Premium Employment Wage
Strategic Compensation‚ 6e (Martocchio) Chapter 1 Strategic Compensation: A Component of Human Resource Systems 1) What is the primary factor that will prevent companies from growing in the next decade? A) increased government regulations B) the inability to attract and retain employees C) caps on executive pay in some organizations D) increased global competition Answer: B Diff: 3 Page Ref: 6 2) Which of the following would be an example of a non-monetary reward? A) medical insurance
Premium Employment compensation Strategic management Management
subject matter of this case involves the job satisfaction and employee engagement of a spa company’s workforce called Bella. The case depicts a new general manager Kris Jenkins’s concern that Bella’s numbers had deteriorated dramatically in the past year. Profits were down; absenteeism was up; turnover‚ while not dramatic‚ was higher than it had been in the past five years. This report shows how important the employee engagement to bring job satisfaction which overall leads a company with a less
Premium Employment Management
SUMMER TRAINING PROJECT REPORT ON “EMPLOYEE SATISFACTION” {Submitted in partial fulfillment for the award of degree of B.B.A}
Premium Management Textile manufacturing Job satisfaction
An Overview of Customer Satisfaction Models Willard Hom‚ M.B.A. Interim Director of Research Policy‚ Planning & External Affairs Division Chancellor’s Office‚ California Community Colleges Abstract The concept of customer satisfaction has attracted much attention in recent years. Organizations that try to analyze this concept should begin with an understanding of various customer satisfaction models. Such models clarify various theories about customer satisfaction‚ making research and analysis
Premium Concept Community college Marketing
IMPACT OF ORGANIZATIONAL STRUCTURE AND CULTURE ON JOB SATISFACTION‚ JOB STRESS AND EMPLOYEE MOTIVATION: A SURVEY OF EXISTING LITREATURE ABSTRACT Effectively managing human resources in the organizations is a big concern both for HR managers and the policy makers of the organization. To have a satisfied‚ motivated‚ less stressed performing workforce an organization must have consistency amongst its structure‚ system‚ people‚ culture and good fit with the strategy. In this paper an attempt has been
Premium Organizational studies and human resource management Employment Job satisfaction
DO SMALL BUSINESS MANAGERS INFLUENCE EMPLOYEE SATISFACTION AND COMMITMENT? HOW DO SMALL BUSINESS MANAGERS INFLUENCE EMPLOYEE SATISFACTION AND COMMITMENT? Janine Krüger: Department of Business Management‚ Nelson Mandela Metropolitan University Chantal Rootman: Department of Business Management‚ Nelson Mandela Metropolitan University Purpose: The purpose of this research is to scrutinise motivational factors that may influence the levels of satisfaction and commitment of small business employees. Problem
Premium Management Pearson product-moment correlation coefficient Motivation
Business Research Report Compensation Strategies ABC Manufacturing Presented to: Western Governors University Assessment Code: RWT1 Table of Contents Executive Summary 3 Introduction 4 Research Findings 5 Market Based Pay Structure 5 Traditional vs. Broadband Strategies 6 Total Rewards Strategy 7 Recommendations 8 Conclusion 9 References
Premium Human resource management
Customer Satisfaction Satisfaction is a person’s feeling of pleasure or disappointment resulting from comparing a product’s perceived performance in relation to his/her expectations. Short of expectation = Unsatisfied customer Matches expectation = Highly satisfied customer A short of expectation means an unsatisfied customer while a matched expectation means a highly satisfied customer. Customer satisfaction is the relationship of perceived performance to expectation. It is a form of expectation
Premium Marketing Costs