According to Mann, motivation is a key component of the development function in human resource management. Indeed, finding effective ways to motivate employees is an important and challenging role for any manager; regardless of the sector (2006). Kudlers total reward system is a type of reward system that comprises all aspect of the company's activities before compensations are paid. The reward system is so specific and narrowed that it gives employees all the information they need in order to get compensated and allow the company to focus their reward system to their stated mission and goals.
The total reward system ensures the retention of employees, motivate them and attract new employees to the company. According to Kudler's compensation philosophy, " pay should be linked to performance, so that the base pay opportunities is indexed to the market median in each of the market Kudler serve" (2004). Compensation is given out to employees whose outstanding performance has been......
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Approximate Pages: 2 (260 words per double-spaced page) |