1. Basic of performance-related pay (PRP) The popular reward system‚ performance-related pay (PRP) is defined as ¡¥a method of payment where an individual employee receives increases in pay based wholly or partly on the regular and systematic assessment of job performance¡¦ (Lewis‚ 1998). It is based on the expectancy theory that employees will increase their effort and/or direct it in specific directions to receive higher payment. (Taylor‚ 2000) It usually takes one of the following two forms
Premium Management Goal Human resource management
Compare/ assess HSBC and Citi-corps IT strategies. Do they invest in IT primarily as a way of cutting costs and improving their operational efficiencies‚ or do they invest strategically with a view to entrench their competitive positions? As noted in the conclusion of the article written by the Asia Case Research Center and the University of Hong Kong HCBC and Citigroup have both developed into global financial institutions. Both organizations have heavily invested in Information Technology and
Premium Bank Strategic management Investment
Determining the Chemical Formula of a Hydrate Chemistry 11 3/5/2013 Purpose: To determine the percent by mass of water in a hydrate of copper (II) sulfate hydrate. Hypothesis: I hypothesize that when the solution is heated the hydrate will convert to an anhydrous ionic compound. Then the percentage composition will be determined by weighing the mass of the white crystals. Materials: 400ml beaker‚ hot plate‚ tongs‚ scoopula‚ electronic balance‚ glass rod‚ hot pad‚ and 4g of hydrated
Premium Chemistry Heat Concentration
DETERMINING RELIABLE AND RELEVANT SOURCES Determining Reliable And Relevant Sources Sarah Fina GEN/200 - FOUNDATIONS FOR GENERAL EDUCATION AND PROFESSIONAL SUCCESS Jan. 18th‚ 2014 Tobin Dunn DETERMINING RELIABLE AND RELEVANT SOURCES Abstract This paper will briefly describe how I determined the sources I used for my Annotated Bibliography to be reliable and relevant. I will also determine whether or not the
Premium Personal life Newspaper Time management
coveted and competitive post on comparison with the market as TCC for this position is at 71 percentile. It is only for this post that the organization follows a lead policy while determining TCC while for all the others it follows a matching or lag policy. Total Fixed Pay: Job Position | Total Fixed Pay | Variable Pay | Head Finance | 18 percentile position | 46 percentile position | General Manager- Finance | 51 percentile position | 14 percentile position | Senior Manager Finance &
Premium Manager General manager
Determining the Stoichiometry of Chemical Reactions Mrs. Farrales Nikita Pandya October 23‚ 2012 December 3‚ 2012 INRODUCTION In the method of continuous variations the total number of moles of reactants is kept constant for the series of measurements. Each measurement is made with a different mole ratio of reactants. A mole ratio
Premium Chemical reaction Chemistry Hydrogen
Skill-based pay refers to a pay system in which pay increases are linked to the number or depth of skills an employee acquires and applies and it is a means of developing broader and deeper skills among the workforce. Such increases are in addition to‚ and not in lieu of‚ general pay increases employees may receive. The pay increases are usually tied to three types of skills: • horizontal skills‚ which involve a broadening of skills in terms of the range of tasks • vertical skills‚ which
Premium Skill Learning Employment
Running head: LEADERSHIP AND ETHICS OF CEO PAY Leadership and Ethics of CEO Pay Chief Executive Officer pay in the United States has risen dramatically. In the past three decades the salary of a CEO has risen significantly beyond what can be explained by variables such as firm‚ size‚ performance‚ and industry classification (Bebchuk & Grinstein‚ 2005). According to research‚ the CEO pay at the nation’s top 500 largest companies averages about $10.9 million a
Premium Corporate governance Chief executive officer Executive officer
eliminate “salary secrecy” within workplaces by banning “pay gag clauses” and ensuring that existing “gag clauses” are unenforceable. “Gag clauses” are contractual clauses which prohibit employees from discussing their pay with colleagues‚ effectively decreasing the pay transparency within the firm. Consequently‚ employees who do choose to discuss their pay‚ despite these gag clauses‚ may be subject to disciplinary
Premium Gender Employment Unemployment
Act. This act said that‚ in the U.S‚ employees of public jobs will get 12 weeks of partial pay leave after a child’s birth or to take care of a sick relative or themselves. This will help give mothers and dedicated women a chance to care for their family and not go bankrupt. Additionally‚ in 1963 the Equal Pay Act said that equal pay for men and women is mandatory‚ and‚ therefore‚ is illegal to blatantly pay women less. Also‚ in 1964 Congress passed the Civil Rights Act. Title VII bans discrimination
Premium Employment Discrimination Health care