Define difference between salary and incentive..
Answers were Sorted based on User's Feedback
Answer / amrit singh
Salary is need oriented
Incentives are motivation oriented
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / nagendr
salary is a payment we receiving monthly it is a fixed amount for every month
incentive is a motivational component witch linked salary indirectly and it is depend on employee performance either employee performance is good he/she got incentive otherwise
not
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sudesh
incentive is nothing but complementary prize or reward given by a company to their employees.where as salary is fixed amount given whether we are working or not it doesn't matter we ll get our regular salary..incentive is givenonly for the best worker just to motivate them.
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / lisa
Salary is your base pay employee receive as long as they remain in the job.This salary is paid to employees , regardless of the actual number of hours worked.
Incentive is is to show appreciation when employees go the extra ...
| Is This Answer Correct ? | 1 Yes | 2 No |
Answer / subhash
incentive is like motivational financial reward but salary
is the compensation for redered service
| Is This Answer Correct ? | 0 Yes | 2 No |
What is compliance and what is the procedure of statutory compliance. Also can anybody send me the procedure for the same purpose. Thanks and Regards, HEERA KAMBOJ
what is change management? what strategies do organisations adopt to manage change?
why u choose MBA after sicence bacground in graduation?
15 Answers Cipla, IIM, Parle,
Hii I pased my MBA HR through corespondance and I did my BSC (com sci) right now I am not in my country and I don't know any thing about HR because I passed my MBA just for passing now can any one tell me what should I do to get a job ? In which field should I go ? I have 7 months experience in HR but I don't think its working to find a job. pls suggest me what should I do?
In what way a graduate through distance education is less knowledgeable then a regular student?
How does your experience and qualifications match up to the job?
why are you interested in HR?
16 Answers Accenture, Alexander Forbes, Grameen Phone, Hawkins, Kelly Services,
explain what are hrm and hrd?
What would you like to become after 5 years?
23 Answers Deloitte, Protiviti, RootWork, TCS,
What to after doing certified in HR Field and how we get the right job with higher salary and what are the frequent are asked during HR Interviews. Kindly suggest the same and treat as Friend coz newly in HR Field.
The contexts in which human resources are managed in today's organizations are constantly, changing. No longer do firms utilize one set of manufacturing processes, employ a homogeneous group of loyal employees for long periods of time or develop one set way of structuring how work is done and supervisory responsibility is assigned. Continuous changes in who organizations employ and what these employees do require HR practices and systems that are well conceived and effectively implemented to ensure high performance and continued success. 1. Automated technologies nowadays require more technically trained employees possessing multifarious skills to repair, adjust or improve existing processes. The firms can't expect these employees (Gen X employees, possessing superior technical knowledge and skills, whose attitudes and perceptions toward work are significantly different from those of their predecessor organizations: like greater self control, less interest in job security; no expectations of long term employment; greater participation urge in work activities, demanding opportunities for personal growth and creativity) to stay on without attractive compensation packages and novel reward schemes. 2. Technology driven companies are led by project teams, possessing diverse skills, experience and expertise. Flexible and dynamic organizational structures are needed to take care of the expectations of managers, technicians and analysts who combine their skills, expertise and experience to meet changing customer needs and competitive pressures. 3. Cost cutting efforts have led to the decimation of unwanted layers in organizational hierarchy in recent times. This, in turn, has brought in the problem of managing plateau employees whose careers seem to have been hit by the delivering process. Organizations are, therefore, made to find alternative career paths for such employees. Examination Paper Semester I: Human Resource Management IIBM Institute of Business Management 4. Both young and old workers, these days, have values and attitudes that stress less loyalty to the company and more loyalty to oneself and one's career than those shown by employees in the past, Organizations, therefore, have to devise appropriate HR policies and strategies so as to prevent the flight of talented employees Question 1. Discuss that technological breakthrough has brought a radical changes in HRM
What did you like in your previous job?
Business Administration (517)
Marketing Sales (1279)
Banking Finance (3209)
Human Resources (747)
Personnel Management (68)
Hotel Management (29)
Industrial Management (113)
Infrastructure Management (14)
IT Management (97)
Supply Chain Management (16)
Operations Management (39)
Funding (79)
Insurance (494)
Waste Management (1)
Labor Management (48)
Non Technical (73)
Business Management AllOther (546)