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Strategic Reward Management: Compensation plans that support Corporate Strategy - Couverture souple

Natukunda, Loice

 
9783847313724: Strategic Reward Management: Compensation plans that support Corporate Strategy

Synopsis

Although resources like money and materials are paramount for achieving organizational goals and objectives, the value of employee commitment to the strategic direction of the organization cannot be underestimated. Various scholars have shown that many employees see their jobs as the source of a paycheque and little else. Others derive great pleasure from their jobs and association with co-workers. Even volunteers who donate their time to charitable organizations, such as Red Cross, walk away with rewards in the form of social recognition and pride of having given unselfishly of their time. Hence, the subject of organizational rewards includes, but goes far beyond, monetary compensation and is vital for creating a committed workforce to the strategic aim of any organisation.

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Présentation de l'éditeur

Although resources like money and materials are paramount for achieving organizational goals and objectives, the value of employee commitment to the strategic direction of the organization cannot be underestimated. Various scholars have shown that many employees see their jobs as the source of a paycheque and little else. Others derive great pleasure from their jobs and association with co-workers. Even volunteers who donate their time to charitable organizations, such as Red Cross, walk away with rewards in the form of social recognition and pride of having given unselfishly of their time. Hence, the subject of organizational rewards includes, but goes far beyond, monetary compensation and is vital for creating a committed workforce to the strategic aim of any organisation.

Biographie de l'auteur

Loice holds an MBA of the International Business School of Hanze University Groningen, The Netherlands. She currently teaches general management courses with special focus on Human Resource Management at the Faculty of Business Administration of Ndejje University Kampala

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