Its The Weekend, So Relax Baby!


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Originally posted 2010-12-28 08:00:51. Republished by Blog Post Promoter



  • Tesfaye Girmay Beyene

    . Profit sharing that links organizational performance with individual
    rewards.
    . Gain sharing which rewards work groups with bonuses for
    improvements they make in quality, productivity, or cost reduction.
    . Pay-for-performance plans in which pay is based on achievement of
    quantifiable goals that are linked to the organization’s quality strategy.
    . Comp time that gives employees the option of receiving overtime or
    bonus compensation in the form of additional time off rather than pay.
    . Strong assurances of employment security so that employees do not fear
    losing their jobs as a result of making their work processes more
    efficient.

  • Zeru Tesfaye

    The foregoing suggestions should help managers and their organizations
    realize greater benefits from TQM. The same empirical relationships could also be expected for other change initiatives, such as culture change efforts, management (and employee) training programs, team building activities, and organizational restructuring. Based on the current research, one would expect that the strategy behind such change initiatives must also be clearly articulated and then effectively deployed throughout the organization. At the same time, the reward system could be adapted to provide extrinsic rewards to those who support the change efforts and actually apply the prescribed practices on the job. In essence, research studies on the effective use of reward systems to implement organizational change initiatives are long overdue.


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This entry was posted on Sunday, February 14th, 2016 at 9:05 pm and is filed under Animals, Funny, Picture. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.