A great sales team and the right compensation plan to keep sales people motivated is critical to helping business grow and prosper (Daniel‚ 2008). InterClean will create a new compensation plan and the goal is to reward sales success while motivating increased sales performance and providing a competitive‚ yet affordable reward levels. Rewards bridge the gap between organizational objectives and individual expectations and aspirations. To be effective‚ the new reward system will provide (1) a sufficient
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Executive Compensation: An agency problem: The globalized world of today has seen many scandals derived from the compensation schemes that are granted to top-level executives from their respective organizations. The compensation policies put in place in organizations are a result of a fundamental agency problem‚ the problem being that of the principal and the agent relationship. The issue arises due to the principal who hires the agent to perform day-to-day management tasks and oversee operations;
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Compensation pattern adopted by TATA MOTORS FINANCE LTD. Wrt Sales management position. RAHUL SHARMA A30101911073 PRIYANKA SHAHI A301019110 11/4/2012 RAHUL SHARMA [Type the abstract of the document here. The abstract is typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.] TATA MOTORS FINANCE LTD.: Over five decades of expertise in vehicle financing‚ Tata Motors Finance
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AIRTEL INDIA MARKETING AND SALES 1.4 Marketing and Sales 1.4.1 Sales Airtel Digital TV’s subscriber base stands at 6.26 million‚ according to data provided by the company till 30 June 2011. It has maintained its 25% incremental market share during the first quarter of the fiscal. Presently the market share of Airtel in the digital TV services market is 17.16% which it aims to increase through growth in value added services‚ strengthening of its interactive services portfolio‚ technological
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| Employee Compensation and Benefits | Patrick Blackwater | | Grand Canyon University – MGT 434 | 11/10/2012 | | Human Resource Management is responsible from developing job and pay structures for internal and external comparison so accurate job descriptions are developed and evaluations can be done so proper pay scales can be implemented. Job structure is a comparison of employee job descriptions of similar and varied jobs (Robbins‚ 2005). Pay structure is based on internal
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In the early part of the 20th century‚ employee compensation was minimal to nonexistent. With a few exceptions most employees were only rewarded in respect of the hours they worked. Any other kind of compensation that had to do with old age‚ poor health or death was entirely left to the hands of the employee or his family. Vacations if allowed at all were without pay. In 1940 and 1950 we can notice an increase in the acceptance and usage of employee benefits as a form of reward in addition to direct
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commissions‚ and stock options. Employee compensation was first introduced to America by Europe and imbedded in the colonies. “The Plymouth Colony settlers’ military retirement program‚ which was established in 1636‚ was of the first compensation programs recorded.” (EBRI‚ 2008) Employee benefits are now offered from many companies to attract‚ retrain‚ improve morale and promote employee productivity. Many companies feel that employee compensation is the dominant factor in employee satisfaction. Several
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CLAIMS AND COMPENSATION ADMINISTRATION UNDER THE EMPLOYEE COMPENSATION SCHEME – an overview This is an overview on Claims and Compensation according to the Employee Compensation Act. It briefly states the processes‚ procedures and purpose of administering claims effectively and the road to compensation. INTRODUCTION With the enactment of the Employee Compensation Act 2010‚ the prospects for the Nigerian Worker to be adequately compensated should there be injury at work became very glaring
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11 100 Night airtel local mins (11pm-6am) 9.79 1.21 7 days discounted tariff recharge 12 120 Local+National SMS 10.53 1.47 10 Days SMS recharge 13 120 Min of 2G Internet 11.57 1.43 2 Days 2G internet recharge 14 30 All Local Minutes for 2 days 12.46 1.54 2 days discounted tariff recharge 15 15 talktime and 5 night A2A mins 13.35 1.65 1 day top up recharge 17 local Airtel calls @35p/min. First 120 Local Airtel seconds charged
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Bharti Airtel Limited‚ commonly known as Airtel‚ is an Indian multinational telecommunications services company headquartered at New Delhi‚ India. It operates in 20 countries across South Asia‚ Africa and the Channel Islands. Airtel has GSM network in all countries in which it operates‚ providing 2G‚ 3G and 4G services depending upon the country of operation. Airtel is the world’s third largest mobile telecommunications company with over 261 million subscribers across 150 countries as of August 2012
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