An employee will perform when he sees a strong connection between his performance and a reward. A manager is required to evaluate the performance of his/her subordinates, usually on a yearly basis. Their recommendation is the basis for an extra payment – the merit pay. Merit pay plans allow to differentiate the high performers...
read moreThere are companies that have smart people in charge of implementing the business strategy. They look also at the long-term goals of company. It is the same with human resources specialists that understand what organizational development is about. Individual performance is important, but a company is not formed from one individual....
read moreIt’s a business! It’s just business! – The two most used expressions that justify the action of an employer. For an employee the company is supposed to be a family, a place in which you feel good, this being the main motivation and not the money. How about we treat this as a business for both sides? It is always...
read moreIn a production job, payment of an employee is based on number of items produced: piece rate. Of course, it does not functions as it is but in combination with a fixed time-based payment. This time-based compensates for the problems that are not under the control of the employee and can affect his pay. The performance is created by...
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Project Management and Social Media Marketing by Emanuel Grigoras