Reward Management, Monitoring Performance and Exit Rights & Procedures

The first 200 words of this essay...

BTEC- HNC in BUSINESS

Unit 21: Human Resource Management

Assignment 2

Reward Management, Monitoring Performance and Exit Rights & Procedures

Name- Karan Aggarwal

Tutor- Marion Fieldstead

Date- 23/01/08

Contents: Page:

a.) Introduction......................................................03

b.) Evaluating the process of job evaluation and the main factors determining pay.....................................................04

c.) Reward systems..................................................................14

d.) Explaining the link between motivational theory and reward................................................................................23

e.) Exploring organisational approaches to monitoring performance.......................................................................32

f.) Evaluating exit procedures used by two organisations and comparing these to the best practice.................................43

g.) Analysing the selection criteria for redundancy..............51

h.) Appendices (Index)............................................................55

i.) Self Reflection & Evaluation............................................56

j.) Timetable...........................................................................58

k.) Bibliography/References...................................................59

Introduction

True motivation comes from achievement, personal development, job satisfaction, and recognition.

-Frederick Herzberg 1923-2000, US psychologist

A simple "thank you" counts as employee recognition. But, you can also make employee recognition as elaborate as your imagination can conceive. Recognition is not a scarce resource. You can't use it up or run out of it. No budget is too small to afford employee recognition. For increased employee satisfaction, bring on lots of employee recognition.

-Source: (Elizabeth Morgan - EzineArticles.com