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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1584 |
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All these groups have different perspectives about rewards and motivation. These different issues facing Riordan Manufacturing have resulted in low morale and productivity, dissatisfaction in the compensation packages, and high employee turnover.
A compensation system should be a harmonious match to an organizations business strategy...
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A company’s business strategy, and or technology, will determine the organization’s design and work process which results in the behavioral and role requirements of the employees. The compensation should motivate the behavioral and role requirements the organization desires. The firm’s compensation system can be a powerful force to for motivating employees to achieving the firm’s business strategies, developing and supporting teamwork and cooperation, and improving quality and productivity...
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