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9783659159138: Remuneration and Reward System: Assessment on a Financial Institute

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Rewards commune the value that organizations place on their employees. To convey the proper messages, remuneration objectives and strategies should be aligned with the overall business strategy of the organization. Knowing alignment will enable organizations to deliver the right type of rewards to the right people, at the right time, and for the right reasons. The best way the organization can deliver the correct reward, is to implement a total reward system together with a total pay system. Effective total pay system covers base pay, skills and competency pay, variable performance pay, recognition, and benefits. Total reward system cover investment in people, development and training, performance management, and career management. Therefore, to motivate and retain employees, and to improve organization’s profitability, a right mix of total pay and total rewards should be made available to employees as employees’ needs differ.

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Rewards commune the value that organizations place on their employees. To convey the proper messages, remuneration objectives and strategies should be aligned with the overall business strategy of the organization. Knowing alignment will enable organizations to deliver the right type of rewards to the right people, at the right time, and for the right reasons. The best way the organization can deliver the correct reward, is to implement a total reward system together with a total pay system. Effective total pay system covers base pay, skills and competency pay, variable performance pay, recognition, and benefits. Total reward system cover investment in people, development and training, performance management, and career management. Therefore, to motivate and retain employees, and to improve organization’s profitability, a right mix of total pay and total rewards should be made available to employees as employees’ needs differ.

Biografía del autor

EducationB.A. in Administrative Management and Technology Systems from Addis Ababa UniversityM.A. in Human Resource Management from Addis Ababa UniversityAnd member of Ethiopian IT Professionals Association (EITPA)

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ISBN 10: 3659159131 ISBN 13: 9783659159138
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Taschenbuch. Zustand: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Rewards commune the value that organizations place on their employees. To convey the proper messages, remuneration objectives and strategies should be aligned with the overall business strategy of the organization. Knowing alignment will enable organizations to deliver the right type of rewards to the right people, at the right time, and for the right reasons. The best way the organization can deliver the correct reward, is to implement a total reward system together with a total pay system. Effective total pay system covers base pay, skills and competency pay, variable performance pay, recognition, and benefits. Total reward system cover investment in people, development and training, performance management, and career management. Therefore, to motivate and retain employees, and to improve organization s profitability, a right mix of total pay and total rewards should be made available to employees as employees needs differ. 112 pp. Englisch. Bestandsnummer des Verkäufers 9783659159138

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Zustand: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Wondimu MahletEducationB.A. in Administrative Management and Technology Systems from Addis Ababa UniversityM.A. in Human Resource Management from Addis Ababa UniversityAnd member of Ethiopian IT Professionals Association (EITPA)R. Bestandsnummer des Verkäufers 5135841

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Taschenbuch. Zustand: Neu. Neuware -Rewards commune the value that organizations place on their employees. To convey the proper messages, remuneration objectives and strategies should be aligned with the overall business strategy of the organization. Knowing alignment will enable organizations to deliver the right type of rewards to the right people, at the right time, and for the right reasons. The best way the organization can deliver the correct reward, is to implement a total reward system together with a total pay system. Effective total pay system covers base pay, skills and competency pay, variable performance pay, recognition, and benefits. Total reward system cover investment in people, development and training, performance management, and career management. Therefore, to motivate and retain employees, and to improve organization¿s profitability, a right mix of total pay and total rewards should be made available to employees as employees¿ needs differ.Books on Demand GmbH, Überseering 33, 22297 Hamburg 112 pp. Englisch. Bestandsnummer des Verkäufers 9783659159138

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Taschenbuch. Zustand: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Rewards commune the value that organizations place on their employees. To convey the proper messages, remuneration objectives and strategies should be aligned with the overall business strategy of the organization. Knowing alignment will enable organizations to deliver the right type of rewards to the right people, at the right time, and for the right reasons. The best way the organization can deliver the correct reward, is to implement a total reward system together with a total pay system. Effective total pay system covers base pay, skills and competency pay, variable performance pay, recognition, and benefits. Total reward system cover investment in people, development and training, performance management, and career management. Therefore, to motivate and retain employees, and to improve organization s profitability, a right mix of total pay and total rewards should be made available to employees as employees needs differ. Bestandsnummer des Verkäufers 9783659159138

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