Person Focused Pay Essay

577 Words2 Pages

A person-focused pay system can be used as a motivation tool to help encourage employees to expand his/ her knowledge, skill set, and job competency instead of rewarding the employee for job performance (Abernathy, 2002). There are many advantages of implementing this type of pay system because the company is essentially investing in the employees to help him/ her expand their individual knowledge which will benefit both the employee and the employer. With that being said, the first advantage of a person-focused pay system would be a less turnover rate. The more a company encourages and invests in their employees, will help send the message that the company wants to see the employee’s succeed and create a sense of unity and loyalty from both the employee and employer. …show more content…

The technicians at Mitron are limited to how he/ she can help when building these computers. Every technician can complete a few steps, then other technicians have to join together to complete the computer. Every technician has a few areas that they can complete and that is why the technicians have to work together as a team. However, if the company offered an employee incentive for explaining knowledge so maybe one technician could complete an entire computer, it would enhance the employee’s abilities and the employees would be more willing to help instead of saying that is not my job and leave the computer unattended. That attitude would hurt Mitron’s profitability and productivity if every technician had the mentality that they could only carry out one part of the computer building process. Therefore, it is very important for the company to invest and encourage the employees to attend training, so that every employee could know how to properly perform more than one or two steps when building the

The training and development of employees in William Hill is imperative
1589 Words | 4 Pages
The training and development of employees in William Hill is imperative for the performance or the company as they are in a competitive market. William Hill has to inform workers to be aware of surroundings in the area that they work. Training and Development Training Training is essential for both employees and employer if they want to be effective within the organisation and also for a company like William Hill to stay competitive within their market. The reason why training is important to employees is to enable them to achieve their maximum potential in their current position, it is needed also to develop them to create further opportunities within the organisation because employees are likely to be better educated and become multi-skilled. Training should be ongoing within William Hill in developing the employee’s skills within the business.
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Person Focused Pay Essay
463 Words | 1 Pages
According to our textbook rewarding an employee who has attained job related skill, competency, or knowledge and then using that acquired insight toward being successful in job performance is a what person-focused pay plans are designed for (Martocchio, 2013). So it pays for an employee to invest in themselves in return the skills they have invested in become what employer may be seeking. The text continues to describe two types of pay plan included in the person-focused pay systems. Skill-based pay and pay-for-knowledge, both plans reward employees for how their acquired skill helps them be more productive in their given jobs (Martocchio, 2013). So what would be some advantages Mitron could experience by having a person-focused pay system? Increased employee commitment, enhanced customer service and improved problem identification and resolution are considered to be benefits of implementing a skill-based bay model (Gustafson, 2000).
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1057 Words | 3 Pages
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Person Focused Pay Essay
421 Words | 1 Pages
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Disadvantages Of Person-Focused Pay Essay
551 Words | 2 Pages
There are many disadvantages of using person focused pay system. Many employee feel that if a company does not care about how they are progressing in the company. Then they will become disencourage and not want to succeed in the company. Most employee are giving the opportunity to further their education but do not take up the opportunity to do so. Employee often become disloyal to the company.
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1402 Words | 3 Pages
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962 Words | 2 Pages
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Person Focused Pay Essay

The training and development of employees in William Hill is imperative

Kaizen Case Study Essay