Friday, June 14, 2019

Management - employee compensation and organization Essay

Management - employee compensation and organization - Essay Example232). A motorbus has to piddle a balance between these twain types of rewards so that it recognizes the employees motivation. The manager shall not choose it for them.Qn.2What is the relationship between an employees net profit and his or her feeling of worth Explain your rationale from the viewpoints of an employee and a manager. How can managers create a balance between the two Total words 250An employee feels that salary fulfills his basic need and also gives him a feeling of higher esteem (Buelens et al., 2006, Pg. 177-179). An employee views salary as compensation to his skill sets, experience etc. Whereas, a manager, if he is responsible for the cost location, feels that salary is a cost on the organisation. A manager has to set out a balance in providing a salary structure which would mirror the worthiness in the minds of the employee, without jeopardizing the interest of the organisation. In reality, compe nsation is the peerless which satisfies the needs of an employee, and it is within its boundaries develops the employees worthiness.Qn.3What type of compensation component would you like to have through your employer that is not currently offered Explain your rationale.

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