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Reward Systems Purpose Term Paper

… One reward system that has proven to be extremely effective gives money to schools that improve standardized test scores. The schools can use the money to purchase computers or different learning tools for the students. The article reports that this reward system seemed to be working in places like Dallas. The author asserts,

During 1991-94, Dallas pass rates on the TAAS for seventh graders increased some 10-12% more than those in Austin, El Paso, Fort Worth, San Antonio, and Houston. That finding is complicated by the fact that pass rates went up more in Dallas than in the other cities even during 1991-92, when the Dallas program was just being launched. Comparing pass rates between 1992 and 1994 reveals positive effects on the order of…. [read more]


Reward System Design Essay

… This is where inputs and rewards are closely studied. Employees would want to make sure that their input, if it is equal, must follow equal rewards. Adams (1965) explained that equity theory studies the ingrained mental process that allows a person to see how are efforts being rewarded and whether or not same efforts are being rewarded with similar returns. Equity theory further states that if people experience inequity, they will change their behavior in order to attain the feeling of equity or remove the tension that arises from the feeling of inequity. If they feel that their ratios are lower when compared to those of their colleagues in the same position, they will start behaving in a negative fashion to bring their ratios at…. [read more]


Conflicting Reward Systems and Their Research Paper

… It is also the responsibility of judge to issue warrant of arrest. But there are some of the conflicting goals that deflect the administration of criminal justice from its goals. Funds from the federal government play an important role in criminal justice system. If criminal administration do not get proper funding from federal government then the objective and purpose of criminal administration change from needs associated with the welfare of community to accommodate projects for which funds are generated.

The second step is plea bargaining in which a magistrate allocate the defendant a counsel and bail during the first hearing. It is also compulsory under the law to involve the defendant's lawyer and before any formal charge grand jury has to evaluate the cause properly.…. [read more]


Talent Management on Productivity Increasing Essay

… Employee reward mechanisms help employers achieve their organizational objectives. This is because they assist can help employers to attain the goals of the organization. However, employers have to identify each goal clearly before creating tangible, as well as intangible reward schemes. Important goals like employee retention, job satisfaction together with performance enhancement and motivation of the employee can be accomplished by identifying the preferred result of employee reward initiatives. Company executives together with managers who align their objectives in the organization with employee reward mechanisms are likely to face recurrent instances of enhanced employee performance. Employee rewards should not be founded on seniority as all workers at all levels need to be encouraged to participate.

Employee Retention

High company business rates can easily be reduced…. [read more]


Management of Performance and Reward in Telstra Essay

… ¶ … management of performance and reward in Telstra

Background of the organization

Organizational goals & strategy

The social psychologist view

Economic theorist view

Analysis of issues or themes:

Link between reward and performance

Link between organizational strategy and the management of reward & performance

In this paper, we critically analyze the management of performance and reward in the Australian company 'Telstra' within a broad spectrum of issues. We analyze whether the management of performance and reward is strategic or how it is linked to the organizational strategy/goals. We also look what the performance management in the organization looks like. A discussion of how the organization rewards its employees is also performed. An analysis of the extent to which employee performance linked to reward is…. [read more]


Strategy in Performance and Reward Systems Essay

… Incentives

When employees are recognized and appreciated they will be personally motivated and the company will be rewarded, as well. If developed and administered correctly, motivational programs can increase loyalty because of the employees' greater involvement in the company's future, as well as enhance communication between employees and management. In past decades, management thought of recognition as a nice gesture to make, not as a necessity. The motivational programs were not given much thought and did not fit into the overall strategy of the company. Now, organizations consider these programs more strategically and make sure that their employee incentive and reward programs align with their overall mission and business objectives. Controversy exists over the type of motivation to use. Some say that incentives such as…. [read more]


Total Awards Research Paper

… Each can be seen as a slice of the overall pie in relation to compensation, development, and most especially retention and position in the marketplace.

The Financial View -- What are the costs associated with compensation? What types of risks does the organization face? What are the current limitations to the program in place?

The Environmental View -- What is the current technological, managerial, and even communications environment within the organization? Is the organization poised for innovation and development?

The Competitive Market View -- In relation to the competition, how does the organization value its resources (Human) within the overall marketplace? What is the total compensation value as compared to the competition, and how is the organization perceived?

The Employee View -- In general, what…. [read more]


Total Rewards for Organizations Essay

… Implementing a Total Rewards Program

Heneman (2007) revealed that "Successfully implementing a revised or entirely new total rewards program will always be challenging. To boost your chances of success, you and your pilot team must carefully shepherd the project through the four phases of implementation: assessment, design, execution, and evaluation. Each of these phases requires careful thought, patience, and a willingness to solicit input from a wide range of individuals in your organization, (p.22). Once these phases of the plan have determined the plan can mature and grow into a successful operation that supports labor and aligns itself with leadership' vision of a competitive advantage within an industry.

A total rewards program should be catered and positioned, as much as possible, to the individual salesperson.…. [read more]


Open Systems Theory the Model Term Paper

… A few of previously discussed models, lacked in explicit consideration of the mentioned assumed inherited characteristics, though there was implicit adherence.

The outputs generated from components of organizational behavior are in the form of tangible products, intangible services, employees' effectives and organizational performance. These outputs are generated through organizational systems which are based on certain organizational arrangements (both formal and informal), task structures and efforts of employees.

McKinsey 7S Framework

McKinsey 7S Framework was developed by the consultants working in a firm known as McKinsey and Company. The firm dealt in applied research of industrial practices and business related matters (Pascale & Athos, 1981; Peters & Waterman, 1982). The model was named after the model of the consulting firm. It had worked out seven variables…. [read more]


Product Costing Systems (ABC Thesis

… In addition, fixed costs are taken as a lump sum that should be covered with the products' contribution margin since there is no need of assigning indirect fixed costs to individual products. Unlike both traditional and Activity-based costing systems, variable costing avoids the problem of cost assignment that is present in the two systems. Recent research show that variable costing system is being used by 12% of the companies for their decision making process. The research continued that, variable cost was mostly used for short-term decisions, unlike for the Activity-based costing which is used for long-term costing projection Brierley, 2011()

Brierley said that, "If the problem is small enough so that contribution margin analysis is relevant, then it can't have a particularly significant impact on…. [read more]


Reward Programs in the Workplace Term Paper

… Therefore, their performance often goes unnoticed in a financial sense. Both organizations and employees will benefit if these issues are discussed openly without hesitation. As pay and performance are ultimately connected, it is in the best interest of those involved to consider these issues as soon as they arise to maintain stable employee morale (72-73).

Rewards should be linked to other areas of organizational change: Rewards should not be based strictly on salary, particularly if employers wish to further enhance employee interest. Successful organizations also openly communicate changes in organizational objectives, provide recognition when it is well deserved, offer opportunities for career development, and provide challenging prospects for professional growth. These opportunities will undoubtedly improve employee loyalty and commitment to the organization, as well as…. [read more]


Reward and Pay Strategy Essay

… However, the corporation has steadily maintained its ambition to maximize profits while putting in place the most effective measures of minimizing losses (Brown, 2010). The Competitive advantage has also emanated from rising need for restricting other competitors from gaining more market share courtesy of monopolistic practices. Therefore, salespersons charged with the responsibility of selling products of the company realizes increased market accessibility irrespective of the country or continent since popularity of the firm has gone up considerably (Brown, 2010). Competitive advantage equally helps the company to get bigger and bigger owing to increase in sales and market shares. In essence, the output increases with a corresponding decrease in average cost per unit. Although the industry's overall bargaining power of buyers is high, Coca Cola is…. [read more]


Organizational Human Resources Awards Program Essay

… (Work-A-Life Rewards Program, 2011)

III. Work-A-Life Organizational Rewards Inventory

The Work-A-Life Organizational Rewards Program Inventory is reported to include programs that provide recognition through:

(1) service awards;

(2) retirement awards;

(3) peer recognition awards;

(4) spot awards;

(5) managerial recognition programs

(6) organizational-wide recognition programs;

(7) exceeding performance awards;

(8) employee of the month year awards;

(9) appreciation luncheons, outing, and formal events;

(10) goal-specific awards including those for quality, efficiency, cost-savings, productivity and safety; and (11) employee suggestion programs. (Work-A-Life Rewards Program, 2011)

IV. The Star Model

The work of Schuster and Kesler (nd) presents the "Star Model" of the organizational employee awards program shown in the following illustration labeled Figure 1.

Figure 1

Star Model

Source: Schuster and Kesler (nd)

The star models…. [read more]


Rewards and Compensation Essay

… Rewards and Compensation

In a recent Mercer poll the top four concerns of human resource managers are pension and benefit cost containment, attraction and retention, succession planning and the impact of changing demographics. Each issue is salient to the success of an organization but for the purposes of this essay we will address the singular issue of rewards and compensation.

Compensation is defined as a 'systemic approach to providing monetary value to employees in exchange for work performed'. Organizations around the globe perennially grapple with the subject of appropriate rewards and compensation and today's volatile economy further complicates the process.

The latest compensation model is the 'total rewards program' and much has been written about it. In an article by Mercer (2004) he shared the…. [read more]


Systems Thinking and Leadership and Change Term Paper

… Systems Thinking: Leadership & Change

Systems thinking may be differentiated from traditional analysis of the organization in that analysis concentrates upon the whole instead of analysis of the parts of the system. The work of Peter Senge is reviewed in this work in relation to systems thinking, leadership change, and leadership in the learning organization. Dialogue is stressed in the work of Senge to be a critical component of effective leadership. Also reviewed are others works related to systems thinking and the basic principles behind this type of system analysis. Regardless of the authors in the area of systems thinking, the work of Peter Senge serves as a guide as his work is referenced throughout other works on systems thinking. Peter Senge views leadership as…. [read more]


System Paradigms Humans Term Paper

… System Paradigms

Humans have the tendency -- whether innate or learned -- to come together with similar individuals for the purpose of meeting like goals. These groups, which are called organizations, can be as small as three people sharing time to fight the rising costs at Jones Supermarket to the global World Health Organization, the directing and coordinating authority for health within the United Nations system. Because of the completely different parameters of organizations, scholars have found various ways to classify them into smaller, more manageable classifications. One of the major ways developed during the twentieth century to better understand the complexity of organizations is the "rational," "natural" and "open" perspectives (Scott & Davis, 2003, p. 28).

As early as the end of the 19th…. [read more]


Environmental Systems Capstone Project

… ¶ … environmental systems in the past five years. Summarize the techniques used, the assumptions and limitations faced, the potential for error and how it was minimized, and the lessons learned.

Scope/Direction of the Research

The scope of the study extended to a review of relevant studies published within the last 5 years to provide an overview and recapitulation of the techniques that have been used in recent years to study the development of environmental systems, the assumptions and limitations that have been encountered along the way, the potential for error and how it was minimized, and the lessons learned from these efforts. The development of environmental systems includes various geospatial technologies, alternative energy systems, and other technological solutions that are designed to interact with…. [read more]


British Education System a Scheme Essay

… Time management plays an essential role in ensuring that there is proper allocation of time in all the topics in the course outline. With regards to this, design of my scheme of work is that it makes sure that there is enough time to handle every topic successfully. In addition, proper allocation of time when designing a scheme of work helps in estimating the total amount of time required to complete a particular course.

Textbooks are an essential part of learning any course. Textbooks assist the teacher as well as students in getting necessary materials concerning their course. On the side of the teachers, the textbook assists the teachers to get more information in various topics that are in the course outline. In addition, textbooks…. [read more]


Open Systems ISA, Inc Term Paper

… Feedback from these interactions shapes the functionality of the organization as it grows and responds to changing needs and circumstances.

Burke-Litwin Model of Organizational Performance & Change (1992) -- The end result of the experiences of the past, this approach is seen as introducing a broad-based assessment of the best of the above. It introduces new or more refined constructs and anticipates the differences between an operational climate (which may be time or location specific) and culture in similar ways to how transactional and transformative considerations come into play. Invested with a strong theoretical foundation, this approach is deemed measurable and is nearly fully encircled with feedback loops that are now thought to be measurable because of their inclusion in the theories that support the…. [read more]


American Prison System Identify Essay

… Community-based programs are associated with lower rates of criminal recidivism than traditional practices and offenders who participate in community-based programs are better able to re-assimilate back into society than offenders who simply wake up in a corrections environment one day and in a motel room the next day, still without any viable prospect for finding gainful employment. In many cases, it is their inability to make a successful transition back into society that precipitates their return to criminal conduct rather than any specific desire or inclination to continue offending (Schmalleger, 2008).

Explain violent prison behavior and the strategies for responding to it.

There are several closely-associated explanations for violent behavior in prison. First, the population of offenders is already substantially more prone to violence than…. [read more]


Pharmaceutical Industries Have to Operate Term Paper

… The data that was evaluated was a combination from book, journal articles, review papers and the Internet. The information reviewed pertained to a wide variety of situations and industries. There were some common trends observed in all the material. The commitment of the management and the involvement of the worker are critical no matter what the condition of the external and internal environment the company faces. Integrating the core function -- marketing and sale of products along with the goals and the objectives of the organization is the new route the organization has to now follow.

A distillation of the interviews will be provided in Chapter 2.

CHAPTER 2: LITERATURE SURVEY -- ANALYSIS OF FACTORS AFFECTING THE PHARMACEUTICAL COMPANY AND THE INTERVIEWS

Understanding the main…. [read more]


Job Redesign Approaches Essay

… According to Armstrong and Murlis (1994, p.40), the objectives of implementing a reward system are; attraction, employee motivation as well as retention of the existing workforce. Armstrong and Murlis (1994) pointed out that in the past, employers have been forced to stick to the system of collective bargaining as opposed to plant level bargaining. This has in turn has made them to unwillingly adhere to the pay structure that are subject to national level negotiation. This has denied them the flexibility of coming up with and implementing their desired monetary rewards as well as incentives aimed at motivating their staff. According to the work of Armstrong and Murlis (1994,p.20), the non-financial rewards have a focus on the needs of the employees with a slight element…. [read more]


What Are the Fundamental Principles of High Performance Work Systems? Research Paper

… ¶ … High Performance Work Systems

The most valuable and mercurial asset any enterprise has is the knowledge, insight and intelligence of its employees including the immense amount of tacit and implicit knowledge each has gained over decades of experience. A high performance work system (HPWS) seeks to synchronize the many work structures, systems, processes, implementation decisions and frameworks around a common series of strategic priorities and initiatives (Boxall, 2012). Galvanizing together the many components of a HPWS are the Human Resource Management (HRM) systems, both manual and automated, in addition to the most critical areas of governance that serve as a stabilizing force in organizational cultures (Wood, de Menezes, 2011). Making these many components stay synchronized and focused on a series of strategic objectives…. [read more]


Job Redesign Essay

… ¶ … forward recommendations to redesign a Director, Field Human Resources position in a PetSmart company in Phoenix. To achieve the objection of the paper, it describes the position by illustrating its major components, tasks, or responsibilities that ensure efficiency and motivation in current situations. In addition, it goes further to explore the company reward system that exists. Moreover, because this discussion wants to establish the best redesigning of the position and company for better benefits, the paper describes the new tasks, responsibilities for the redesigned position and puts forward recommendations to improve the reward program by looking at what necessary or unnecessary factors influence motivation of the employee. The position of a director, field human resource is a challenging one that demands to excellent…. [read more]


Mcdonald's: Total Rewards Term Paper

… To better leverage the capabilities of all employees involved in the organization, McDonald's cannot continue with its current business model. Treatment of employees is garnering negative publicity, just as the unhealthy content of its food did so years ago with the release of the documentary Super Size Me. McDonald's has yet to find a way to retain its image as an ethical company (which it was able to do so many years ago, thanks to wholesome television commercials and an emphasis on kid-friendly dining and sponsorship of the Olympics) and balance its current employee dynamics.

Changes to the total rewards program, justification, and risks of non-implementation

McDonald's must find a way to offer better material compensation to all its employees, as well as more competitive…. [read more]


Motivation Employee Motivation Managers Term Paper

… Managers and workers must agree to the terms of the goal-setting contract. Goal-setting is an opportunity for consensus building within the organization (Ray).

Increasing Employee Motivation and Morale

There are more effective methods of doing this than just giving money rewards (Larmore 2013). Monetary rewards are always welcome but money does not always increase motivation or life employee morale. Raising employee morale and increasing motivation lead to a more positive and productive work environment and reduce work errors. Concrete examples can be mentioned. Managers and supervisors should frequently and public acknowledge employee accomplishments. Those who hear and see this will also try hard to receive the same recognition and praise. Managers and supervisors should meet with employees individually about his or her individual goals and…. [read more]


Sands Rewards Club on Venetian Research Paper

… Figure

1

Loyalty Program Types

Berman, B 2006, 'Developing an Effective Customer Loyalty Program', California Management Review, 49, 1, p. 125, Business Source Premier, EBSCOhost, viewed 20 December 2011.

The results of the primary research associated with this work should then reflect a high correlation between percentages of individuals who are repeat guests of the Venetian Macau Hotel (VMH) as well as other hotels in the Sands Rewards Program. The research indicated that 40% of those members who stayed were repeat guests of VSH while 56% were repeat guests of VSH and other hotels in the program within two years of their current stay.

The issue of data collection and rewards programs comes into play in regards to non-member data, as only those non-member guests…. [read more]


Cross-Cultural Leadership Term Paper

… Cross Cultural Leadership

There is a strong connection between the vision of the organizations and the strategies that they use in order to function in an efficient and efficacious manner. In addition, the organizational vision is connected to the organizational structure. A company's vision reflects its culture, while it is, at the same time supported by it. It is needless to say that the hiring policies and the reward systems are chosen depending on the organizational values. As far as the executive leadership roles and responsibilities are concerned, they are also influenced by the organization's culture.

The alignment of all these elements is not an arbitrary decision, but an element of necessity. The reason for this situation is represented by the need for a coherent…. [read more]


Soft Systems Techniques Dissertation

… The execution time for the transition can also affect the perceived cost - benefit relationship. The new system must begin to return applicable benefit to the organization within a planned amount of time, or else the transition will begin to be opposed by those involved

Figure 2: Critical Mass of Transition Process.

This is the situation in which IMS Group currently finds themselves. Managing this change process, from Pre-planning through the resolution of the last bug and glitch is the responsibility of an IT consultant, and the focus of this project.

The web was designed principally as a mechanism for information access - to some extent a form of collaboration in its own right. However, it is not at all obvious how this existing infrastructure…. [read more]

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