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A compensation's main purpose is to reward good work. It motivates employees to achieve out of expectations. Ideally, a good compensation package will make a employee feel properly rewarded. It should be in proportion to the personal level of achievement the person felt he or she has achieved. This would be from the employee's point of view.
From the executives' point of view, the compensation package would cost the company as little as possible yet still make the employee feel properly rewarded. Yet it should not make the employee feel fully rewarded, and thus breeding greed. It would make the employee feel rather inadequate and that he or she would need to work harder to get properly rewarded
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What are some of the goals of a good compensation package?
Ideally, a good compensation package will make a employee feel properly rewarded. It should be in proportion to the personal level of achievement the person felt he or she has achieved. This would be from the employee's point of view. From the executives' point of view, the compensation package would cost the company as little as possible yet still make the employee feel properly rewarded. Yet it should not make the employee feel fully rewarded, and thus breeding greed. It would make the employee feel rather inadequate and that he or she would need to work harder to get properly rewarded.
What are some examples of direct financial compensation?
Direct financial compensation includes salaries, hourly wages, commissions, and bonuses provided to employees for their work. It can also encompass overtime pay and profit-sharing plans. These forms of compensation are typically monetary and are directly linked to an employee's performance or the hours worked.
What are some items needed when going to apply at a commercial loan lender?
Some items that are needed when going to apply at a commercial loan lender are your loan application, and a resume. These items are essential when applying at a commercial loan lender.
What is HR functions?
The Human Resources Department has several functions in an organization. Some of these duties include recruitment, safety, employee relations, compensation, training and development, and compliance.
Do sugar babies have to pay a fee in order to receive money from their sugar daddies?
Yes, some sugar babies may be required to pay a fee or provide some form of compensation in order to receive money or gifts from their sugar daddies.
What are some of the objectives that you have been unable to accomplish during the year and why?
When answering this question a person should be sure to include ways in which they will improve upon what caused them to not accomplish the goals. It is important to state what is being done to make sure future goals will be accomplished.
Which company provides best workers compensation?
There is really no best company that provides workers compensation. The compensation varies by state and there are some states that have been known to have poor workers compensation such as California.
What are some of the objectives that you have been unable to accomplish during the year and what?
what are some of the objectives that you have been unable to accomplish during the year
When people have inefficient thyroid glands they what?
They should visit a doctor and do what they tell them to. The thyroid is related to aggressiveness so there must be some hormonal compensation.
What are some ideas, of 'Sympathy Baskets'?
Some sympathy basket items should include a heartfelt card written by you, some soaps or spa items to help the recipient relax, and stuffed animals and pillows.
Why should people be against eminent domain?
Because a person's property should be sacrosanct, and not subject to taking against their will. Granted, some form of compensation is given, but it is the taker who determines what is paid.
What are the workman's compensation decree of 1987 in Nigeria?
I think that workman's compensation decree of 1987 in nigeria has to do with some of the decree and amendment made by some certain prominent rulers or heros, concerning the right and act of worker's compensation.
How can you find females to ride with you in your semi truck?
Place an ad for a riding companion in the paper. It should have some type of compensation beside riding in you rig...
What are some items that should be included on a map key?
A scale and icons used in the map. Should also have the icons translation.
What are some of the average precautions should be person take when moving?
Individuals who are moving should have their items clearly organized and labeled. They should only move items that they are comfortable and capable of lifting, carrying, and transporting. Do not be shy about hiring a reputable moving company.
Why would a deferred compensation be needed?
Deferred compensation is when an employee is paid some of his wages at a later date instead of when it is owed. One would get deferred compensation when one has a pension plan or a retirement plan.
In what line of work are compensation systems used?
Compensation systems are used in many workplaces. For example company might pay workers some compensation if they have to travel a lot, or work at bad time shifts.
