Friday, December 14, 2012

Managing Human Capital

a.| Do you think it is a good idea on the part of any focal point to lay out employees with merit issues? why or why not? Discuss and debate. What factors should cosmosagement suppose in your opinion? Substantiate with many relevant organisational examples.( intelligence on how to motivate employees at the workplace should be seen as it has become a challenge for employers today. Some Employers do strive ESOP, Profit sharing, Scanlon plan, Annual Bonus, Gain sharing and Merit plans. happen relevant examples)| b.| Some organizations do a thorough communication channel analysis first and then human resourcefulness cookery as part of a restructuring process. What makes more sense to you? wherefore? If actual performance of the human resources plan differs from desired performance, what bettering steps might you use? | | Introduction: The idea to award or honor employees based on merit plays an fundamental role in the human resource management. According to john Brattaon (1999) reward management is one of the central pillars of human resource management. As it is considered to be one of the pillars of human resource management this idea of rewarding or awarding employees looks viable and productive.
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It plays an key role in motivating the employees as well. If we look intimately at the motivation theories such as the expectancy theory, wishing theory and the reinforcement theory there is a very strong co-relation between people motivational needs and the reward as People generally prefer to do what they be rewarded for doing. (Pattanayak B., 2005). This idea about rewarding employees is not only skilful to the employees but the employer as well. It helps the employees in: Increased Earnings, Improvement in productivity, Employees become Innovative and High Morale & Motivation. It helps the employer in: Cost reduction, requires less supervision, improvement in workflow, work methods and man machine relationship, better... If you want to get a full essay, come in it on our website: Orderessay

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