Among the different bonus compensation pools, which do u think is the best method to be used if the purpose of the company in granting said bonus is to retain good managers and motivate teamwork and sharing of assets among the firm. Why?
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Among the different bonus compensation pools, which do u think is the best method to be used if the purpose of the company in granting said bonus is to retain good managers and motivate teamwork and sharing of assets among the firm. Why?
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- Why does firm wide pool is the best method to be used if the purpose of the company in granting said bonus is to retain good managers and motivate teamwork and sharing of assets among the firm.Soft incentives (such as free or low-cost daycare, gyms, massages, and restaurants) are increasingly being used by certain companies to attract and retain top employees. In addition to free lunch and supper, Google workers get a range of additional advantages. What are the benefits and drawbacks for both companies and workers of various forms of employee incentives? Would you be more interested in working for that firm if you knew about these intangible advantages? What is the reason behind this? Gamification is another option (the use of points, rewards, and other game-like incentives).Why does firm wide compensation pool is the best method to be used if the purpose of the company in granting said bonus is to retain good managers and motivate teamwork and sharing of assets among the firm.
- In an organization that wants to use work experience as a method of employee development, what basic options are available? What are the three roles of a coach? How is coaching different from mentoring? What are some advantages of using someone outside the organization as a coach? Some disadvantages?Find at least ten possible questions and appropriate answers questions during the job interview Common questions Appropriate answer 1. Why should we hire you? 2. What kind of work environment do you like best? 3. What can we expect from you? 4. What drew you to apply for this role? 5. How will you handle tight deadlines? 6. Why do you want to work with us? 7. What is your greatest strength? 8. Do you generally work alone or as a team? 9. What drew you to apply this role? 10. Can you make an impact in our company/business?Please do not give solution in image formate thanku Write an executive summary, that outlines how you will approach the management of positions (prioritization), as well as training and motivation of all employees that have to relocate and those that remain at the same organization
- Abhijeet and Nisha are extremely hard -working employees of a leading firm and end up doing all the work that propels the firm to greater heights. However, they have not been given an increment, a promotion or any form of recognition. Both of them now want to leave the firm if a promotion is not given else hand over the responsibilities. How would you tackle this situation as their counsellor?Suppose that you are in a position that enabled you to hire a manager in a company; and you are in a position that confused to hire either Average managers, Successful managers, or Effective managers. Which one you will assign, and what is the deference between each one of them?Some employers today are using a variety of soft benefits (such as free or low-cost on-site childcare, gyms, massages, and restaurants) to recruit and keep talented employees. For instance, Google employees get free lunch and dinner, among other benefits. What are the advantages and disadvantages to both employers and employees of these types of employee benefits? Would these soft benefits make you more inclined to work at that company? Why or why not? What about gamification—the use of awarded points, rewards, and other game-type incentives?
- develop an onboarding and training strategy for a new employee to increase satisfaction and retention. Consider the following as you develop your strategies: What factors contribute to employee retention? What experiences are important for new employees as they acclimate to the organization? Which employee development method(s) do you think would be most useful to the job incumbent you selected?Scenario Imagine you are a member of senior management team in your organization. Your team is dynamic and responsible for strategy development and execution. As the current business environment is demanding and constantly evolving, senior leaders of your organization are considering the need for new skills. They suggest a good learning and development strategy which could incorporate executive training, advanced technology training so that the leadership skills are continually sharpened. In a company with a clear and effective learning and development strategy, senior executives understand that the talent pipeline is secure; and team members can receive appropriate technology and skills training to fulfill their individual roles and at the same time organisation can achieve its goals. Set yourself up to develop a learning and development strategy for at least one work area or for the whole organization. Engage your team into the design and development process; and after…What are the primary factors involved in determining compensation for a firm’s CEO? What reasons best explain compensation reductions for top executives in recent years?