Employers should pay young people the same salary as older colleagues doing the same job. To what extend do u agree or disagree? The question is whether young people should be paid equally with older ones doing the same tasks is on discussion. Personally‚ I agree that the same income would be paid if younger workers perform work as well as their older colleages do. It is commonly argued that older workers often are paid higher salary than young ones because of their valuable working experience
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MN404: Incentives and Governance in Organizations Analytical Exercises Sesssion 5 Question 1 Consider a problem in which a principal (P ) must delegate one task to a risk-neutral agent (A). There are two effort levels e ∈ {0‚ 1}; and two possible outcomes (output or revenue levels): S ∈ 0‚ S . The principal can offer a contract t‚ t in which t is a monetary transfer from the principal to the agent in case S happens‚ and t is a monetary transfer from the principal to the agent in case S =
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Discussion Board Forum 1 Topic: Economic incentives Then discuss your topic in an original thread by 11:59 p.m. (ET) on Friday‚ and reply to at least 2 classmates’ threads by 11:59 p.m. (ET) on Monday. Be sure to include the following: * In the first paragraph‚ discuss the relevant economic theory of your topic (your textbook is a good source for this paragraph). * In the second‚ you must include outside research to corroborate your thread (from the Liberty University Online Library
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rewards to motivate employees. How to pay: rewarding individual employees to variable pay programs Types of pay programs Piece-rate pay Merit based pay Bonuses Skill based pay Profit sharing plans Gain sharing Employee stock ownership plans Evaluation of variable pay Piece rate pay Provides no base salary and pays the employees only for what the one produces. E.g. ball park workers Limitations are that they are not feasible for many jobs Profit sharing plans This
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the nature of performance management and performance appraisal it is primarily needed for managers and supervisors to appreciate how these two aspects are related yet‚ should not be seen synonymously. In fairly simple terms performance based pay can be seen as a holistic process which aims to bring together a number of aspects‚ including appraisal. Thus‚ performance management may be thought of as being more strategic in its intent to achieve high levels of organizational performance. By contrast
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Table of Contents Assignment Topic Look at various corporate and organizational websites and notice how important employee are to the organization. Questions Are there indicators that employees are a key concern? Or are the employees merely a means to helping the company succeed? What are some methods of building relationships with employees? What communications can help with that relationship-building? Methodology To answer the above question‚ I am collecting data regarding
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Nigeria : Causes and Effects on Academic Performance Sarumi Abidoye‚ Ph.D1 & Okoji Olufemi Onweazu2 Department of Adult Education‚ Faculty of Education‚ University of Ibadan‚ Nigeria. +23457239075 2. Department of Educational Management‚ Faculty of Education‚ Lead City University‚ Nigeria +23452610898. E-mail of the corresponding author : * femiokoji2008@yahoo.com ABSTRACT The study examined the causes and effects of indiscipline on academic performance of female secondary school students in Rivers
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of the most successful merchants of the 20th century‚ who is also considered to be a pioneer in marketing. (McBain‚ 1944). The majority of marketing theorists claims that organizations that focus on their customer’ needs are better positioned to achieve long- term success than companies that do not (Kotler‚ 2000). Research has shown that customers receive social‚ psychological and economic benefits from engaging in long-term relations with service firms‚ and these yield positive returns for the
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Relevance of Motivation theories and its implications on Individual and Group Behaviour By Gautham Ashwath Lakshmi Contents Introduction 3 Scope of Study 3 Literature Review 3 2.1 The concept of motivation 4 2.2 Definition of Motivation. 4 2.3 Significance of Motivati 4 2.4 Motivation Process. 5 2.5 Theories of Motivation. 5 2.5.3 Abraham H Maslow Need Hierarchy or Deficient theory of Motivation. 6 2.5.4 J.S Adams Equity Theory 9
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Feedback & Performance Improvement: Sales Team will be given feedback in three formats: 1. Weekly Sales Quota Report 2. Monthly Customer Service Report 3. Quarterly Sales Associate Performance Report Employees will have the opportunity to set up a meeting with the training manager to work on any area that received a score of requires improvement. This will be available weekly for Sales Quota Reports‚ monthly for Customer Service Reports and quarterly for Performance Reports. Employees receiving
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