CONTEMPORARY RESEARCH IN BUSINESS A STUDY ON THE IMPACT OF REWARDS ON EMPLOYEE MOTIVATION IN THE TELECOMMUNICATION SECTOR OF PAKISTAN Farheen B. Zaidi 1‚ Zahra Abbas 2 JULY 2011 VOL 3‚ NO 3 Abstract A good reward system is necessary to motivate the employees of an organization. This study was conducted in order to investigate the impact of rewards on the motivational level of employees of telecommunication sector of Pakistan. The impact of three independent variables rewards‚ monetary rewards
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A Centralized Structure Transforms Home Depot 1. In what ways can (a) decentralizing and (b) centralizing authority help an organization like Home Depot to improve its performance? From 2000 to 2007‚ Robert Nardelli‚ a former senior executive at GE (General Electric)‚ served as CEO of Home Depot. Almost immediately‚ he transformed Home Depot’s logistics and leadership structure from decentralized to centralized. It was one way to respond to the pressures of competition from the Internet
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employee engagement Playing to Competitive organizations need to engage their people in a way that focuses on performance that matters to the enterprise. Here’s how by Jim Shaffer win 16 Communication World • March–April 2009 www.iabc.com/cw ncreasing employee engagement during an economic downturn is akin to tuning up your car so it runs on eight cylinders instead of six. The car performs much more effectively and efficiently with the additional power. Understood correctly‚ engagement
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Companies must change how they gather information‚ implement the information‚ and support the employees that acquire the information. Gathering Information Management should use their employee ’s ideas as a resource‚ not only because it is less expensive than outside information‚ but also it supports employee involvement. Using teams that include people from different divisions can increase communication and perception when pursuing a goal. Implement Information An organization that can
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Why is organizational structure important to organization? What does an organizational chart shows? Organizational structure is very important to an organization. An organizational structure should enable the organization to change or to respond according to its environment. If it is very effective it is called a flexible structure. Mainly there are two types of structures. They are organic structure and mechanistic structure. Organic Structure – an organizational structure that is free flowing
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State Bank of India (SBI) (LSE: SBID) is the largest bank in India. It is also‚ measured by the number of branch offices and employees‚ the second largest bank in the world. The bank was established in 1806 as Bank of Calcutta. It is the oldest commercial bank in the Indian Subcontinent. The Government of India nationalised SBI in 1955 with the Reserve Bank of India having a 60% stake. SBI provides a range of banking products through its vast network in India and overseas‚ including products aimed
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Assignment 2: Organizational Structure Nik79Owe James G. Ziegler‚ Ph.D. HRM 500 Human Resource Management Foundations February 16‚ 2014 Abstract In this paper‚ I will analyze the elements of a job analysis and discuss its significance to the hiring and employee development aspects of human resource management. I will describe the importance of a PAQ‚ proposing two ways the results can be used to redesign a customer service job for efficiency. I will develop two strategies that HR professionals
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ORGANIZATIONAL STRUCTURES AND FORMS OF ORGANIZATION What is Management? According to Henri Fayol‚ "to manage is to forecast and to plan‚ to organise‚ to command‚ to co-ordinate and to control." Fredmund Malik defines it as "the transformation of resources into utility." Management in businesses and organizations is the function that coordinates the efforts of people to accomplish goals and objectives by using available resources efficiently and effectively. Natures of Management ◦
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CHAPTER ONE INTRODUCTION 1.1 Background to the Study Planning has both been an organizational necessity and a managerial responsibility. Since no organization is free from change‚ all must plan effectively for survival and growth. We may define planning as the activity by which managers analyze present conditions in order to determine ways of reaching a desire future state. It is a process‚ rather than behavioural of a given point. Strategic planning is a systematic objective and comprehensive
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Identify the strategic objective of the plan. The purpose of the plan of moving to a pay for performance reward system is to facilitate recruitment‚ retention‚ and motivation to result in improvements in organizational performance. The strategic objective of the plan is to bring the entire organization together to focus on the goals and performance of individuals. Identify what people should be involved in the implementation. I believe that supervisors‚ HR professionals‚ trainers‚ and employees
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