17570789
Beschreibung
Karteikarten von Thea Friend, aktualisiert more than 1 year ago
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Erstellt von Thea Friend
vor mehr als 5 Jahre
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| Frage | Antworten |
| List the importance of employee motivation? | -high retention -less staff taking time of work -better delivery of service -easier to recruit new workers -high employee performance -low staff turnover -less need for supervision |
| List the financial methods of motivation? | -profit sharing -fringe benefits -bonus -pay/salaries/wages |
| List the non-financial methods of motivation? | -praise -a good quality working environment -award schemes |
| What is the definition of retention? | -workers staying with a firm for a long period of time |
| What is the definition of a bonus? | -is an additional payment to workers for achieving targets |
| What is the definition of profit sharing? | -when workers receive some of the profits made by the business |
| What is the definition of fringe benefits? | -an additional benefit you receive on top of pay for example a company car or a gym membership |
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