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A labour incentive is somekind of reward that encourages you to work harder.
A company which offers an employee incentive schemes can benefit from well-trained, loyal, motivated and productive employees. The employees performance and expertise level increases and the company is able to do better because of that.
Advantages for loyalty schemes for the costumers are that they receive a discount when they go shopping and save money.
what are the advantages and disadvantages of incentive in garment industry ?
The main objective of any labour incentive scheme is to increase profitability. Therefore, incentive schemes are usually aimed to increase the levels of employee satisfaction, corporate belonging and loyalty which are all expected to result in higher productivity with higher level of efficiency.
There are many advantages of having backup and disaster recovery schemes in place. The most obvious is that even if the system crashes, the backup and disaster recovery schemes will prevent one from total loss.
S W R . Burdon has written: 'Share incentive schemes for executives'
The advantages of a sales incentive program is that it increases a healthy competition between fellow employees. It can also encourages the worker to work harder at his or her job, thus giving them possible a bonus from their boss.
In incentive compensation plans there are many things included such as rewarding employees for their hard work, such as hours spent at work or overtime. Rewards can be directly linked to phone usage, for example, and can include instantly redeemable rewards controlled by the employer.
The main objective of any labour incentive scheme is to increase profitability. Therefore, incentive schemes are usually aimed to increase the levels of employee satisfaction, corporate belonging and loyalty which are all expected to result in higher productivity with higher level of efficiency.
faufThey obviously grow, increase in size. possibly color schemes may alter with age, as with other mammals. they are mammals and not fish, they do not, even in juvenile form, have gills. they have lungs.