Download or read book The Effect of Reward Management System on Employee Performance The Case of IE Network Solutions Plc written by Esubalew Ginbar and published by GRIN Verlag. This book was released on 2021-02-25 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2020 in the subject Leadership and Human Resource Management - Employee Motivation, grade: 3.87, Addis Ababa University (College of Business and Economics), course: Business Administration, language: English, abstract: The aim of this study was to examine the effect of reward management system on employee performance in the case of IE Network Solution PLC. in Addis Ababa. In a current highly competitive business environment, having well performing and inspired employees are the main success factor for any organization. In realizing that, in one hand researchers argue well-designed reward strategy plays the major role through enhancing the performance of employees. On the other hand, other scholars claim that rewards have nothing to do with employees’ performance. This study was conducted through a mixed research approach with in both a descriptive and explanatory research design. A total of 80 self-administered questionnaires were distributed to the all staff members of the company. 77 questionnaires were returned. It was valid to run the data analysis. Therefore, the descriptive, correlation and multiple regression analysis were computed through SPSS version 23. The correlation analysis result shows that promotion and employee recognition positively and moderately associated with performance of employees. However, work condition salary have a positive but weak relation with employee performance. The multiple regression analysis revealed promotion (β=0.313), employee recognition (β=0.319), work condition (β=0.256), and salary (β=0.189) has a significant effect on employee performance. However, benefit packages have no significant effect on performance of employees. Additionally, the regression analysis shows, (R^2=0.579, p

Download or read book Evidence Based Reward Management written by Michael Armstrong and published by Kogan Page Publishers. This book was released on 2010-07-03 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evidence-Based Reward Management presents an analysis of the current failure of organisations to assess the effectiveness of pay and reward practices. It considers the reasons for this and outlines the damaging consequences of it. By examining recent developments in human capital information and measurement it looks at how HR can construct effective reward for improved performance, both for the individual and organization. The authors present the tools and techniques which can be applied to practice evidence-based reward management including a 4 step model, which sets strategic goals, reviews current policies, looks at how to pilot and make changes and improvements and explains how to monitor and adapt on an ongoing basis.

Download or read book Increasing the Effectiveness of Reward Management written by Michael Armstrong and published by . This book was released on 2009 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Armstrong s Handbook of Reward Management Practice written by Michael Armstrong and published by Kogan Page Publishers. This book was released on 2012-11-03 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reward management deals with the strategies, policies and processes required to ensure that the value of people and the contribution they make to achieving organizational, departmental and team goals is recognized and rewarded. Armstrong's Handbook of Reward Management Practice is the definitive guide to understanding, developing and implementing effective reward systems. It is aimed at HR practitioners involved in employee reward, and at students who need to understand the importance of reward and how it can be successfully applied across organizations. Updated to reflect the practical implications of the most recent research and discussion on reward management, this edition includes new case studies and chapters on evidence-based reward management, reward risk management and ethical approaches to reward management. This authoritative and engaging book is accompanied by extensive online resources, including PowerPoint slides and notes for tutors, and exercises to help students to test their learning. It is also closely aligned to the CIPD's standards in Reward Management, making it an ideal companion for both practitioners and students undertaking a professional qualification.

Download or read book Reward Management in Context written by Angela Wright and published by CIPD Publishing. This book was released on 2004 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understand how to design and implement reward management in the workplace

Download or read book Managing Employee Performance and Reward written by John Shields and published by Cambridge University Press. This book was released on 2020-01-02 with total page 557 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focuses on performance and reward using systems thinking and a dual model of strategic alignment and psychological engagement.

Download or read book Employee Reward written by Michael Armstrong and published by Universities Press. This book was released on 2002 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Routledge Companion to Reward Management written by Stephen J. Perkins and published by Routledge. This book was released on 2018-11-14 with total page 634 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Routledge Companion to Reward Management provides a prestige reference work and a state-of-the-art compilation, mapping out contemporary developments and debates on rewarding people in employment, and how they relate to business, corporate governance and management. Reward management stands at the interdisciplinary interface between economics, industrial relations and HRM, industrial psychology and organisational sociology, and increasingly corporate governance incorporating debates around equity and fairness in and around the employment relationship and wider capital-labour relations. In recent years, trade union decline and widening differentials between those employed at the top of organisations have generated critical commentary in the popular media which can negatively impact on social cohesion. Theoretically underpinned but practically oriented, this Companion will synthesise these trends and controversies around issues while tracing conceptual and empirical provenance, currency and future prospects. It will be an invaluable resource for student and researchers in reward management, corporate governance, management and HRM seeking convenient access to an area which is highly complex and controversial in application.

Download or read book Reward Management written by Geoff White and published by Routledge. This book was released on 2013-05-13 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thoroughly revised edition adopts a critical and theoretical perspective on remuneration policy and practices in the UK, from the decline of collective bargaining to the rise of more individualistic systems based on employee performance. It tackles the conceptual issues missing from existing texts in the field of HRM by critically examining the latest academic literature on the topic. Fully updated to cover the Chartered Institute of Personnel and Development's reward syllabus, and offering a less prescriptive alternative to current texts for HR practitioners and MBA students, this new edition includes: new chapters on executive reward, pensions and benefits clear routes to assist the student reader in the journey through this complex area a strong contextual framework to enable better understanding The second edition of Reward Management is an essential read for all those studying or with an interest in human resource management, performance management and reward.

Download or read book Rewarding Performance written by Robert J. Greene and published by Routledge. This book was released on 2018-10-26 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: Building on evergreen principles, concepts, and strategies of performance and rewards management, the second edition of Rewarding Performance is a clear guide to how strategies must be adjusted to align with new realities, and programs revised to ensure their effectiveness. Appendices dealing with the important and increased reliance on evidence-based management have been added, to provide insights into how evidence can be applied in performance and rewards management. Another major development addressed in the second edition is the rise of the "gig economy," which has challenged organizations to brand themselves as employers of choice. This new edition answers the challenge by considering the impact of this trend on performance and rewards management throughout the book, and expanding the content related to managing non-employees. The second edition also includes a new appendix, providing a fundamental grounding in the use of statistics relevant to performance and rewards management. A chapter on contractors has been added and material on cognitive bias explores why managing people must be understood as different from managing quantitative measures. Updated figures and PowerPoint presentations make the new edition of Rewarding Performance an essential resource for instructors and students of human resource management.

Download or read book Motivate and Reward written by H. Kressler and published by Springer. This book was released on 2003-03-21 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Motivation, ability and potential for development are crucial for performance and the achievement of objectives. The author, from his extensive management experience at Unilever, the leading multinational corporation, demonstrates the importance of the link between motivation, assessment of performance and potential, and reward and incentive strategies. It is only by getting this relationship right that the company can achieve business success.

Download or read book Integrated Performance Management written by Kurt Verweire and published by SAGE. This book was released on 2004-12-23 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Linking various disciplines and management functions, Integrated Performance Management provides the reader with a concrete framework to manage organizations successfully. The authors do not isolate a single strategy to manage performance. Instead, the book focuses on a range of strategies providing the reader with an introduction to each one. The concepts under analysis were developed through intense dialogue with business managers. While maintaining academic rigour, Integrated Performance Management presents ideas that students will find relevant outside of the classroom. Postgraduate and MBA students in a range of areas including strategy, accounting, finance, operations management, marketing, leadership and human resource management will find this book useful.

Download or read book Analysis of different rewards at ABC House to improve employee s performance written by Muhammad Naeem and published by GRIN Verlag. This book was released on 2015-10-27 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2014 in the subject Business economics - Business Management, Corporate Governance, grade: B, Glyndŵr University, Wrexham known as NEWI, course: MBA, language: English, abstract: The purpose of this research is to explore the most effective and best rewards to get the maximum performance from the employees’ working in ABC in London. Extensive research will be conducted to determine the motivational rewards types to boost up the motivation of employees at work. Further to identification of major reward types; the advantages and disadvantages of each reward type will be highlighted to understand the rewards in broader spectrum. The purpose of this research is to determine the best motivational reward which can help in boosting the employees’ performance to another level. The data can be collected either through primary data or by secondary data; combination of both data types are usually adopted to conduct an extensive research. The most effective and best reward type which helps to motivate the employees will be discussed in literature review (secondary data). Also the limitations related to each motivational reward type affecting the employees’ motivation will also be discussed in the literature review of the research. Once the data is collected through secondary means; the next step is to determine the problems prevailing at ABC which are limitations in motivating the employees to perform well. Once data from both means (primary and secondary); the information will then be evaluated which will help in understanding the motivational factor and the reward to motivate employees at ABC. The outcome of this research will facilitate in recommending which reward effective for motivating the employees based on the analysis of data. The main objectives and questions of research are listed below.

Download or read book The Reward Management Toolkit written by Michael Armstrong and published by Kogan Page Publishers. This book was released on 2011-01-03 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deciding how to effectively reward staff is one of the most tricky and contentious areas in people management. Getting it right can help promote a motivated workforce, and significantly improve recruitment and retention. But how do you decided what pay scale is suitable for which job and how do you design reward packages which recognise contribution and encourage employees? The Reward Management Toolkit provides practical, step-by-step guidance on designing and delivering rewards across organizations. In each tool the authors describe what the tool will achieve and provide guidance on when it is appropriate to implement. Each tool is supported by questionnaires, checklists and opinion surveys which can be used as the basis for analysis, discussions in workshops, project teams and focus groups. These tools include: the design, development and implementation process, strategic reward, job evaluation, market rate analysis, benefits options, including flexible benefits and the management and evaluation of reward systems. Online supporting resources include figures and templates such as checklists and questionnaires.

Download or read book The Routledge Companion to Reward Management written by Stephen J. Perkins and published by Routledge. This book was released on 2018-11-14 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Routledge Companion to Reward Management provides a prestige reference work and a state-of-the-art compilation, mapping out contemporary developments and debates on rewarding people in employment, and how they relate to business, corporate governance and management. Reward management stands at the interdisciplinary interface between economics, industrial relations and HRM, industrial psychology and organisational sociology, and increasingly corporate governance incorporating debates around equity and fairness in and around the employment relationship and wider capital-labour relations. In recent years, trade union decline and widening differentials between those employed at the top of organisations have generated critical commentary in the popular media which can negatively impact on social cohesion. Theoretically underpinned but practically oriented, this Companion will synthesise these trends and controversies around issues while tracing conceptual and empirical provenance, currency and future prospects. It will be an invaluable resource for student and researchers in reward management, corporate governance, management and HRM seeking convenient access to an area which is highly complex and controversial in application.

Download or read book Employee Reward written by Michael Armstrong and published by CIPD Publishing. This book was released on 2002 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt: Revised and rewritten to take account of the new academic standards that will be taught from September 2002, this text examines the many forces influencing decisions about pay - market forces, economics, corporate culture and strategy, to name a few. It provides clear guidance on all remuneration issues, including job evaluation, grading structures, performance management, profit-related pay, benefits and reward for particular groups. By starting from first principles and adopting an integrated approach, Employee Reward provides a definitive overview of the whole process.

Download or read book Reward Management Influences HR Performance written by Johnny Ch LOK and published by . This book was released on 2021-04-15 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: When the organization expected to apply reward strategy to raise employee individual performance successfully? It needs to know what job evaluation means. It is a systematic process for defining the relative worth/size of the jobs roles within a organization, for establishing internal relatives, for designing an equitable grade structure and grading jobs in the reward structure. For example, reward strategy can attempt to reduce wage gaps, when the wage gap can occur in the company, it can use international benchmarking in job evaluation. However, the cause is simple. The market of top managers is usually international, they earn international wage, or they leave the firm. The market of workers with little or no qualification is local in nearly every case. They can earn local wages. In less developed countries , this can lead to raise wage gaps between the top and bottom employee. Hence, if the firm discovered it has large distance of wage gaps between its top and bottom level positions. It ought need to find methods to adjust these positions' salaries to be reduce large distance of wage gaps fairly in order to let these large distance of wage gaps of position employees , they can feel their company is more fair to treat every employee. Moreover, firm also need to consider that whether it ought choose which type of individual payment to excite its employee individual performance to be improved. They may include: performance -related increases basic pay or bonus -related to assessment of performance, contribution-related pay is related both to inputs and outputs, skilled-base pay is related to high or low skilled to the individual effort performance, service -related pay is related to whether the employee needs to spend how long service-time to satisfy customer's need in order to measure every service employee's performance, team-based pay is related to team performance, it can encourage teamwork, loyalty and cooperation and it can be demotivating on individual level.All of these any types of reward method will improve or encourage the low performance employee individual working efficiency or raise productivity more easily as well as fair reward strategy can upgrade the high performance employee individual efficiency or encourage them to exceed their productive level or raise their productivity to achieve the maximum number. Hence, reward management has direct relatively to influence every employee's performance in order to bring either long term positive or negative influence to their organizations.What factors can influence organization's past traditional and present reward strategy changes ?