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| Topic: |
Business
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| Number of pages / Number of words: |
9 / 2482 |
Essay's paper body
E.g., employee of the month competitions or even just receiving acknowledgement in the form of a thank you can boost employee morale (Pierce and Gardner, 2002). This is called intrinsic compensation as it is related directly to the nature of work (Harzing and Van Ruysseveld, 1999).
Other forms of intrinsic compensation:
? Interesting work
? Good career prospects
? Corporate image
? The role of the external environment
Labour market conditions, area wage rates, industry wage rates, government taxes, collective bargaining agreements, and the cost of living are all external factors that need to be taken into account when determining wages (Sherman and Bohlander, 1992)...
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E.g., employee of the month competitions or even just receiving acknowledgement in the form of a thank you can boost employee morale (Pierce and Gardner, 2002). This is called intrinsic compensation as it is related directly to the nature of work (Harzing and Van Ruysseveld, 1999).
Other forms of intrinsic compensation:
? Interesting work
? Good career prospects
? Corporate image
? The role of the external environment
Labour market conditions, area wage rates, industry wage rates, government taxes, collective bargaining agreements, and the cost of living are all external factors that need to be taken into account when determining wages (Sherman and Bohlander, 1992)...
Essay fragment
General points of the essay
Employee morale
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employee relations
Employee Evaluation
Employee Issues
Employee Engagement
Employee Loyalty
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