Rewarding staff

Descripción

(Chapter 13- Rewarding staff) ICT Mapa Mental sobre Rewarding staff, creado por justsomeuser98 el 17/12/2013.
justsomeuser98
Mapa Mental por justsomeuser98, actualizado hace más de 1 año
justsomeuser98
Creado por justsomeuser98 hace más de 10 años
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Resumen del Recurso

Rewarding staff
  1. Time rates and flat rates
    1. Staff are paid a fixed amount per hour for however many hours they are contracted to work
      1. If they work extra hours they are paid overtime
        1. A high
      2. Bonuses
        1. A special amount given as an additional reward over and above a salary or wage, possibly paid as shares in the business
          1. A form of payment by results, may be dependent on the performance of all the staff within the business, not just an individual
          2. Fringe benefits
            1. a form of remuneration, to motivate staff
              1. perks of fringe benefits may have a monetary value, but are not added to the financial package to be spent as the employee wishes
                1. Often advertised with the job
                2. Commission
                  1. Payment by results
                    1. A system of paying employees a percentage of the value of the goods they sell.
                      1. Usually paid alongside the hourly pay, but some staff can be paid commission only
                      2. Piece rate
                        1. When workers are paid for each item they make
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