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EMPLOYEE INCENTIVE SCHEMES

f company goals and rewards program alignment. I think every organisation has a different philosophy in regards to this. From the research I have conducted for this assignment I have found organisations that provide incentives to support staff to get creative with their incentives. Personally, I feel if programs that offer incentives to the entire workforce it is a great way of fostering company loyalty and keeping all employees focused on departmental and organisational goals.Much of the literature on motivation which was discussed above links directly to reward and remuneration systems theory, but some of it has only indirect implications for reward systems. Human Resource Management's front-line fight is to get the organisation in order. As Tom Peters stated in A passion for Excellence " Trust people treat them like adults, enthuse them by lively and imaginative leadership, develop and demonstrate an obsession for quality, make them feel they own the business, and your work force will respond with total commitment". Evidence points to a more active interest in and careful implementation of human resource management. Management is, by definition, getting things done through people. If managers are to increase productivity, reduce costs, and improve their organisation’s competitive advantage, they must focus on how to properly manage personnel. Creating effective motivation and leadership, recruiting and retaining the right personnel, rewarding and treating employees fairly, establishing an environment that supports the people and benefits the organisation, managing the organisation’s most valuable resource - its people....

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