Merit pay is any salary increase in an employee pay based on the performance of the employee . A bonus is not considered to be merit pay because this is a one time thing and merit pay becomes a part of the employee’s salary. I think this award is a great idea‚ this allows the employee to know their efforts of achieving their company’s goals has not gone unnoticed. This gives employees the incentive to want to learn more and continue to perform well in order to keep receiving their pay raise.
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manager. This may come a surprising result in retention. 4. Compensation When a employee consider to leave a company there are two things will be influence his decisions‚ one is what can he gain from the original company and the other is if he can find a better position in other companies. Therefore‚ it will be very important for a company to have a suitable
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The Scope of Sociolinguistics Definition: Sociolinguistics is the study of the relationship between language and society. Sociolinguistics is a derivational word. Two words that form it are sociology and linguistics. Sociology refers to a science of society (which is a grouping of individuals‚ which is characterized by common interests and may have distinctive culture and institutions)‚ and linguistics refers to a science of language (which is a means of communicating information‚ and a crucial
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THE EFFECTS OF EMPLOYEE TURNOVER ON THE PERFORMANCE OF A COMPANY: A CASE OF GENERAL MOTORS EAST AFRICA LTD BY MAANZO PHILIP MALUKI REG. NO. D61/73087/2009 A RESEARCH PROPOSAL SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION OF THE UNIVERSITY OF NAIROBI DATE: APRIL 2010. Acknowledgement: May I express my heartfelt appreciation to the Almighty God for giving me good health‚ strength and a sound mind to accomplish this work
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their effort to understand the problems of employees and resolve the issues amicably have better probability to maintain a culture of high performance. Managers must be educated about the importance of the grievance process and their role in maintaining favorable relations with the union. Effective grievance handling is an essential part of cultivating good employee relations and running a fair‚ successful‚ and productive workplace. Positive labor relations are two-way street both sides must give a
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independent contractors or hire employees to fill these needs‚ recruiting and training the best employees‚ ensuring they are high performers‚ dealing with performance issues‚ and ensuring your personnel and management practices conform to various regulations. Activities also include managing your approach to employee benefits and compensation‚ employee records and personnel policies. Usually small businesses (for-profit or nonprofit) have to carry out these activities themselves because they can’t yet
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this first chapter of introduction‚ there were a few of journals and articles previewed to gain and understand on ‘The Impact of Promotional Strategies on Sales Performance of Nestlé. In analyzing the introduction‚ the researcher is focusing on the following aspect such as background of study‚ problem statement‚ researcher objectives‚ researcher questions‚ significance of study and also the organization of chapters. 1.2 Problems Statement Promotion strategy includes of planning‚ implementing
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SUMMER TRAINING PROJECT REPORT ON “EMPLOYEE ENGAGEMENT IN TECH MAHINDRA‚ NOIDA Submitted for the partial fulfilment towards the award of the degree of Master of Business Administration (mba) of Mahamaya Technical University‚ Noida SUBMITTED BY: (BATCH: 2012-2014) UNDER THE SUPERVISION: Department of MBA DECLARATION I hereby declare
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Oraganizational behavior. Assignment prepared by:Kamrul Hasan ID:0930875030 Date:03/10/2011 Do you think attitudes influence job performance? Justify your arguments logically using evidence. The obvious straight forward answer to this question is yes. Yes‚ attitudes influences job performance very much. The attitude of the employee affects job performance. When employees arrive at work‚ they bring with them their moods‚ their emotions‚ their opinions and their problems at home
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Stress management Stress management is a technique to remove stress from life by identifying the factors that cause stress. Stress is a very normal psychological condition of the human mind arising due to unfulfilled expectations. Stress has become a very worldwide poison experienced by employees universally. This is very common in companies where the employer does not give regard to the factors affecting the employee and keeps on pushing him for performance in the job. To find the actual source
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