Search results for keyword: bonus
fixed salary system
fixed-salary system
As our society develops and progresses towards industry, modern businesses now have many more complex needs than just manual labor. To meet those needs, many organizations have turned to a fixed-salary system as a way of providing employees with consistent and reliable compen......
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Sophie
Quota management
Budgeting is a necessary financial practice for anyone who wants to get the most out of their money. Without proper budgeting, it’s easy to make unnecessary and costly purchases that can add up quickly. By setting a budget, you can ensure that you have enough to cover your essential expenses, whi......
cost recovery
Cost Reduction Strategies
Cost reduction is a process of eliminating unnecessary costs in order to maximize profits and reduce expenses. It is an important part of the strategic planning process for any business and can make a significant difference to their bottom line. The key to successful cos......
dynamic compensation
Introduction
In todays globalized business world, the concept of dynamic pay is becoming increasingly popular, especially among medium and large-scale businesses. In this article, we will discuss the benefits of dynamic pay and how companies can benefit from it. We will also discuss the differen......
high performance work system
High Performance Work System
High performance work systems (HPWS) have become a popular tool used by modern organizations to help create and sustain a competitive advantage. HPWS are designed to provide strategic alignment within the organization, leverage the knowledge, skills, and career commi......
non-monetary compensation
Non-Cash Compensation
Employee compensation is a complicated issue. Lost in the shuffle of wages, salaries, bonuses and other compensation they receive, many people forget that there is a type of compensation called non-cash compensation. Non-cash compensation is used to attract and retain top ta......
High IQ Enterprise
High Intelligence Companies
The world is more competitive than ever, and businesses of all size and shapes are using new technologies and methods to propel their companies forward. One of the most important factors behind the success of a business is the intelligence of its employees, and many of......
other business expenses
If you feel like having a successful business you must spend. Investing in the tools and services to help you succeed is a commonly overlooked necessity that can reliably increase your potential for success.
Some of the most important investments that you can make in your business come on the for......
Reward and punishment incentive method
Reward and punishment motivation methods
In the world today, reward and punishment are two very powerful incentives for behavior modification. Most people respond positively to rewards and negatively to punishment, so it makes sense to employ both in order to motivate desired behavior. This paper ......
bonus
Janet Taylor just couldnt believe it when she heard the news. She had just won the grand prize of a large sum of money in an online contest. After months of hard work and dedication, the reward of a large sum of money was almost too much to comprehend.
Janet had entered the online contest months ......
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