State and explain two examples for each of the following a. compensation (pay) for individual performance b. pay for team performance c. Pay for organisational performance
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3. State and explain two examples for each of the following
a. compensation (pay) for individual performance
b. pay for team performance
c. Pay for organisational performance
4. Differentiate between direct and indirect compensation and give examples each.
Step by step
Solved in 4 steps
- What are some of the performance management challenges that must be addressed, no matter what the system?Performance Management: Explain the pros and cons of 3 performance appraisal methods. Evaluate the differences between performance management and disciplinary issues. Provide 1 example of each and describe the possible outcomes. Why does it make a difference in managing performance? Present 3 examples of how an organization can prepare managers for the performance review. Compare formal and informal appraisal processes. Explain why both components are important to the performance management process. Create recommendations for organizations to implement a performance management approach and tool for the appraisal process.1. Define compensation (reward) management and state the aims of reward management.2. Several factors influences renumeration payable to employees. they can be categorised into internal and external. Explain three factors each for internal and external factors.3. State and explain two examples for each of the followinga. compensation (pay) for individual performanceb. pay for team performance c. Pay for organisational performance4. Differentiate between direct and indirect compensation and give examples each.
- 1. Discuss some of the crucial challenges that organisations can be faced with during planning and implementation phase of any training and development program. 2. Distinguish between performance management and performance appraisal. 3. Use a practical example to further explain the distinction between performance management and performance appraisal.Effective performance management is essential to businesses. Through both formaland informal processes, it helps them align their employees, resources, and systemsto meet their strategic objectives.(a) Distinguish between performance management with performanceappraisal.(b) Explain performance appraisal process.(c) Discuss FIVE (5) elements that could influence the construct of directfinancial compensation in organization.Write a report: 1. Discussing whether or not the following two concepts are different - "Human resource Management" and "Human Capital Management". 2. Using the Human Capital Theory, justify why the organisation bother with the latter? Provide referrences.
- analyze and provide an example of how using evaluation results can improve human performance technology analyze the importance of shift to outcome measurement, impact evaluation, and sustainability from an administrative process. how do stakeholder analysis and the development of logic models are related to an evaluation plan.FOR the company : Mitsubishi (elevators) for government buyers a. sketch the document depicting Job Analysis, Job Description and Man Specification for the front level salesperson and Director Sales b. Considering the continual rains situation for the front-end sales personnel, sketch ACMEE document c. Identify the factors pertaining to the company that influence i. Sales Force' Compensation Package for front-end salesperson ii. Sales Force' Motivational Plan for front-end salesperson1. Why organizations conduct performance appraisals? 2. Discuss the different methods for appraising performance. What do you think is the best method? Why? 3. What are the issues in performance appraisal? Give example.
- Pls explain in brief... How can organizations support managers and supervisors in conducting effective performance evaluations?1. When Coca-Cola pays their sales agents with varying salary based on their rank, the company employs what compensation method? * a. Straight commission b. Combination c. Straight salary d. Varied compensation plan 2. Let’s say that last November you have sold 10,000 pieces of chrysanthemum at 25 pesos each. For every piece sold, you will be given a commission of 10%. What was your sales volume? * a. 250,000 b. 10,000 c. 25,000 d. 225,0001. Explain the Resources-Based Theory (RAT)