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Learning How Influences Training Success

Learning How Influences Training Success

          
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About the Book

LEARNING IMPLEMENTING REASONABLE REWARD METHOD CAN IMPROVE EASILY TRAININGStrategy reward system pay for perform two elements: Financial reward includes base salary, pay incentives, employee benefits. Non-financial reward includes intrinsic rewards, centers in the work itself, praise, recognition, time off. Reward system is a key driver of-HR strategy, business strategy organization culture strategic reward system related to HR system. Such as skill-based pay to training, overtime pay rules to labor relations, sign-on bonus to employment, merit pay to performance management and merit pay to performance culture.Thus one successful reward strategy system will have these characteristics. Performance and reward strategy, identify requirement and develop strategy, analyze data and performance and reward information on individuals or group and achieve colleges to aid decision making, work with managers to certain and develop reward requirements for key individuals within their area, review and analyze the organization strategy demographic profile and market activity against current reward activity to identify current reward activity to identify current and long term reward requirement to assess internal and external factors driving reward requirements against plan. Explain to employees how pay and reward fits and supports overall people processes and activities, such as performance management.In conclusion, what is award's aim ? For the organisation, reward should aim at; recruiting the quantity and quality required, encourage suitable staff to be loyal and remain in the organisation, provide rewards for good performance and incentives for further improvement in performance, maintain appropriate differentials relative to values of different levels of job, the reward adopted by organisation should be flexible enough to accommodate changes in the market rate for different skills and should be cost effective. For individual employees the reward system should be fair and equitable in valuation of the worth in comparison with others. The third which is the union of employees, the system should ensure maximum benefits for members without undue prejudices to their future security by making their reward to pace with the cost of living and the prosperity of the organisation.


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Product Details
  • ISBN-13: 9798624353602
  • Publisher: Independently Published
  • Publisher Imprint: Independently Published
  • Height: 280 mm
  • No of Pages: 214
  • Series Title: Success Story
  • Weight: 698 gr
  • ISBN-10: 8624353602
  • Publisher Date: 13 Mar 2020
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Spine Width: 14 mm
  • Width: 216 mm


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