Asked in 2008 Economic Crisis
Reason for not giving incentives to employees in recession?
The revenues and profits of companies have gone down due to the recession and hence they may not be able to afford incentives and fat pay hikes. that is why they haven't given them. ...
Asked in Business Accounting and Bookkeeping
List of f inancial and non financial incentives given buy the companies?
Non Financial Incentives 1. Flexible working hours 2. Recognise employee priorities 3. Understand what makes employees feel attached and part of the business ...
Why use incentives to motivate employees?
Many companies use incentives to motivate employees because it encourages better performance and increases satisfaction. When people are given goals to strive for and know they can get rewarded for achieving them, they often become more dedicated and inspired. Employees who are acknowledged for work well-done generally feel they are valued by their employer and in turn, want to contribute to the company's success. ...
What is the role of non-financial incentives over financial incentives?
Non-financial incentives are gifts given to an employee and financial incentives is money given to an employee for doing a good job. Non-financial incentives do not raise moral like a money gift does. ...
Asked in Google, Yahoo, Business and Industry
How do incentives help organizations reach their objectives and goals?
An incentive is a prize or reward given to an employee for a job or task completed. Incentives are used to motivate employees to perform their jobs better, reaching objectives and goals much faster and easier. ...
Asked in Dodge
What are some Dodge incentives given to potential buyers?
Incentives given to potential Dodge buyers include $0 due at signing and no security deposit. You can learn more about incentives for Dodge customers at the Dodge website. Once on the page, highlight over "Shopping Tools" and click on "Incentives & Offers." ...
Asked in Human Behavior, Psychological Disciplines
What are the disadvantages of Douglas McGregor theory X and Y?
The disadvantages of Douglas McGregor's theory X and Y are different for each type. Theory X employees are disadvantage because they rely on rewards in order to be good employees. Theory Y employees rely on technology and incentives in order to thrive in the workplace. Both are disadvantaged if not given the right work atmosphere. ...
Asked in Insurance
What are the disadvantages of bancassurance?
1) Unlike insurance agents, banks may lack sales culture as selling a insurance product is different from insurance product. 2) It is difficult to forecast sales to be recieved from the bank employees. 3) High cost involved in giving an extensive training to bank employees. 4) Incentives need to be given to bank employees to promote insurance product. ...
Asked in Law & Legal Issues, Children and the Law
What incentives are given to obey the one child policy?
the incentives are free medical check ups, best education and 3 extra month maternity leave. ...
Asked in Government
What is government incentives?
Government Incentives The kind of help governments offer companies to set up in high unemployment areas include Grants, which is money given to the company Loans, money given to the company that has to be paid back over time Training, so that people will have the skills they need in your industry Infrastructure, improvements in e.g. roads, electricity supply, telecommunications and the water supply Constructing buildings that the companies can move into Government aid is provided by the local authorities, the British Government and the European Union. ...
Asked in Business & Finance, Jobs & Education
How long is the normal break?
In most companies nonexempt employees are given two 15 minute work breaks and one 30 minute lunch break every workday. Exempt employees typically are only given one 30 to 60 minute lunch break every workday, but as long as they get the work done exempt employees are usually permitted to manage their own time and may take unscheduled breaks not normally allowed for nonexempt employees. ...
Are skinny jeans inappropriate for work my boss has given me a dress code and on fridays he says we can wear jeans but i just don't know if that would be inappropriate?
Most companies will have a dress code for their employees, if it has not been given to you you can ask for it from your supervisor or human resources. ...
Asked in Business & Finance
What is the grievance handling procedudre if employees are not being given bonus inspite of company making profits?
Answer for the USA: Unless the employee has a contract with the employer in which a bonus is discussed (conditions upon which the bonus is to be given, when the bonus is to be given, the amount of the bonus, when employees vest in the bonus, etc.) employees are not guaranteed a bonus regardless of the companies profits. Most employees are "employees at-will" with no contract. If you have a contract which states these terms, your HR professional should be able to handle...
Asked in Business Accounting and Bookkeeping
List of financial and non financial incentives given by the companies?
A financial incentive a company might give an employee is a bonus for joining the company or staying with the company a certain length of time. A non-financial incentive from a company might be a day care center, an exercise room, or free coffee. ...