Reward System Research Papers Samples For Students

Section 1: Relationship between reward systems and achievement of objectives

A strategic reward system is critical in measuring several aspects of team productivity. Some of the components of a strategic reward system include financial recognitions, awards, promotions and benefits. Organizations, which adopt such initiatives, do so with an expectation of an increase in productivity and quality of services. Reward systems are either tangible or intangible. Organizations use tangible rewards to employees for those tasks that are performed (Brown, 2001). These tasks must meet or go beyond the initial expectations. For the intangible rewards, employees are complimented in public based on their achievements in an organization.
As far as achievement ...

Introduction

In an organization’ operations, remunerations remains a critical part of the budget. However, the speedy update of the modern world, the traditional remuneration and its management is increasingly facing challenges in both public and private sectors owing to the business and economic circumstances. In that respect, there are many challenges that could affect an organization’s performance and even possible result to existential threats. Thus, the cash reward that had been the focus of the reward system is losing its importance. In addition, the modern reward management breaks from money and substance as an indication that some nonmonetary compensation and ...

Introduction

Background of the Study
Hospitality companies constantly require to ensure the satisfaction level of its employees. It is due to the fact that the companies are more effective when they take steps to satisfy their employees (Langton, Robbins & Judge, 2007). The satisfied employees are considered an effective labor force and they become the key asset for the company’s effectiveness (Tepper, Lockhart & Hoobler, 2001). Various authors have identified the organizational performance as well as the willingness of employees to have sound working conditions.
According to Jin-Zhao and Jing (2009) human resources are one of the key parts of the ...

Abstract

Employee turnover is an issue that almost all HR managers have to deal with, and it is an area of serious concern. Attrition is something that HR managers address right from the recruitment stage till the time an employee exits an organization. It is ironical that exit, avoidance and retention is addressed even before the first step of recruitment happens. Many HR managers intuitively factor aspects like how long could an individual stay and be committed to an organization while interviewing them. Surprising as it sounds, however, it is a matter of truth and reality in the world of talent ...

The Human Resource Department is an integral part of every organization. Rooting from its traditional function of hiring and firing employees, HR’s responsibilities has grown into more dynamic aspect in line with the need of the organization. Nowadays HR goes hand in hand with the entire member of the company towards the achievement of growth and development.
As the cycle stands, Human Resource Management begins with the selection of employees up to sending off resigned personnel. However, in between those processes, there are activities that the HRM does for the preservation and development of the company. Thus, ...

Riordan Manufacturing, the international plastics manufacturer, employs about 550 people with planned annual earnings of $46 billion. Riordan Industries, a Fortune 1000 enterprise with revenues in excess of $1 billion, owns the manufacturing company. Riordan’s manufacturing is separated into the following three groups: plastic beverage containers made in Albany, Georgia; normally prepared plastic parts in Pontiac, Michigan; and plastic fan parts made ​​in Hangzhou, China. With the goods being produced at the different parts of the world and different makes, Riordan’s major clients are motorized parts producers, aircraft builders, the U.S. Department of Defense, beverage bottlers and creators, ...

In my initial definition of curriculum, I talked about it being the academic content that includes the learning objectives and the standards for any subject to be taught in schools. The curriculum is a guide that enables teachers to teach any particular course. The curriculum must consider all teaching aspects such as lesson plan, assignments, books, tests, and all materials that are important in the learning environment. However, the curriculum should not consider the resources, or requirements of the learning environment such as money, space, or internet access. My definition of curriculum is strongly related to teaching and learning because ...

How innovations in employee benefits can improve the overall competitive compensation strategy of the organization

In modern times, the employers have been forced to familiarize with various strategies to ensure that their employees are not only motivated, but also retained since it is cost effective to do so (Hellriegel & Slocum, 2009). Moreover, the modern work setting requires the employers to motivate their employees to ensure that they remain competitive something that would only be possible when they work at their full potential. That explains why various employers have been coming up with innovative employee rewards to boost morale and acknowledge their employee’s needs for creativity and personal goal accomplishments (Heneman, 2007). Innovation is a ...

Abstract

Sexual addiction is a controversial topic that lacks substantial data. However, a psychosocial and neurotransmitter theories have been postulated in order to shade light on this disorder. Sexual addiction denotes sexual urges, thoughts or behaviors that appear out of an individual’s control or extreme in frequency; extreme addiction to sexuality (Kingston & Firestone, 2008). Addiction, on the other hand, denotes the state of behavior that goes beyond the boundaries of social norms and hinders a person’s ability to develop healthy relationships or function appropriately in life’s general aspects (Kingston & Firestone, 2008). In this paper, I provide theoretical explanations for John’ ...

Research paper on employee motivation

Literature review
Performance management is the process where managers employ techniques that bring all the players in the organization together in order to improve management and performance of both the individual and the organization. Individuals within the firm are encouraged to take responsibility for the continuous development and improvement of both their skills and organizational goals. It is more of a culture development endeavor rather than a management decision for a temporal fix. By employing effective performance, a collaborative approach is applied to the individual performance and the effect it has on the performance of the team/ organization. Weiss and Hartle (1997) ...

Political Science

Background and Description of the ACA 2010
President Barack Obama signed in 2010 the new health care law known as the “Patient Protection and Affordable Care Act” that extended the health insurance coverage to millions of uninsured Americans in order to guarantee the security and affordability of the coverage (Jacobs and Skocpol, 2012). At the same time, the new health care law has broadened the coverage and aims to reduce the Nation’s budget deficit. The recent studies have shown that proposed reforms will work for the advantage of not just the consumers, employers, but also includes the ...

Capstone Project: Facebook Inc. ®

The emergence of Facebook® as a company has been a rather interesting case study in the business world. Like any other business venture, its beginning was humble, but its robust acceptance and popularity gained grounds to become the leading company in the world, in social media platform. The mission that Facebook® has established is to offer people a platform to share, as well as make the world a more open and connected arena (Harbour & Koslov, 2010).
The vision of Facebook® is more hidden within the precinct of its mission and a clear identifiable vision statement lacks in the organization’s rudimentary description (Choudhary, ...

Introduction

Iwamoto, Crew & Coe was contracted by Kathy Kudler, the proprietor of Kudler Fine Foods to evaluate the alignment of Kudler Fine Foods Performance Management (PM) system to the its strategic plan and develop the necessary processes need to implement a new performance management system before the end of the year. To this end, Iwamoto Crew & Coe conducted a training needs analysis. The TNA consisted of organizational analysis, operational analysis and person analysis. This report documents the findings of the training needs analysis.

Organizational Analysis

Organizational analysis involves evaluating how an organization’s internal environment influences employee performance and how it fits within the ...

An Incentive Plan

Introduction
An incentive plan can be described as a formal scheme that is used to encourage or promote the behavior or the actions of a specific group of people or an individual during a given period of time. These plans are mostly used by business managements in order to motivate the employees, retain customers and also to attract more sales. For incentive plan programs to be effective, all the aspects that influence behavior must first be identified which would include skills, motivation, an understanding of the goals, recognition, and also the ability of progress measurement.

Performance bonus

Performance bonus can be defined as a ...

The task taken by the Riordan Manufacturing organization in responding to needs of global marketplace includes building a shared vision and also develops human resources. A clear vision of the company is shared by every employee, who gives direction and meaning to every manager. The process of employing, selecting and, managing human resources helps build vision and values. Global marketing process would not function on the complex organization without planning and controlling. The planning and controlling may lead to conflicts. Nevertheless, it may promote the understanding of the firm about world market, effective strategic development and also its successful implementation ...