Monday, April 22, 2019
Developing Management skills - 8th edition david a Whetten & Kim s Essay - 2
Developing Management skills - 8th edition david a Whetten & Kim s cameron - Essay Exampleensation rewards and schemeal goals will make employees take full control of their jobs hence improving their efforts and overall job performance. check to Navistar Internationals incentive plan, the plain aims at enabling the organization and its affiliated play along subsidiaries to attract and retain employees with high gear qualifications and skills. Additionally, the bon tons incentive plan aims at attracting consultants and non-employee directors who have special skills in the operation of the company (Whetten and Cameron 90). The company is focused on providing its key employees occupying major positions an opportunity to earn incentive awards in aura with the quality of their individual performance and achievement of performance goals.In line with the above mentioned organizational goals, the company has designed a number of compensations for its different categories employees. Th e company has different levels of employees defined by their tasks and responsibilities (Whetten and Cameron 95). The awards for performance search on the performance of employees and their level of employment as stated earlier on. The objective of the company is attracting and retaining especial(a) talent through attractive compensation packages. The incentive plan for the company is designed in such a way that employees with greater certificate of indebtedness receive higher compensation compared to employees with less responsibility. This is because employees with greater responsibility have higher skills and talents and the organization is keen in attracting and such a group of employees in tell to improve and maintain good performance.The organizations incentive plan is based on pay-for-performance. The organization provides for the establishment of a committee that is responsible for the evaluation of employee performance and recommendation for compensation. Since the orga nization aims at attracting and retaining exceptional talent and skills, the pay-for-performance
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