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What are the advantages and disadvantages of merit pay the organisation?
Wiki User
∙ 9y ago
Some of the merits is that it motivates people to work harder and pay according to each employee's efforts. Demerits may include lack of motivation and loyalty by employees.
Wiki User
∙ 9y ago
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What Are The Advantages Of Organisation Structure?
I imagine the short answer is... you can get stuff done? Any organisation with more than one person will need a plan of hierachy in order that a single vision can be followed and delivered to fruition and beyond. However, it would be prudent to allow for free feedback and conversation throughout the infrastructure. Whilst most businesses follow a kind of... cascading format (with upper management, middle... etc. with little room for the little people to have their say) and are successful, the most effective types are usually where a more liberal structure is encouraged. To allow for ideas and the organisations people to flourish individually and socially within and outside the business/organisation. It creates a positive feedback loop. The irony is that an infrastructure that allows for this type of freedom needs to be more rigorously managed than without it (hence why it's usually simpler to go with a 'you do what I pay you to do' ethos)
What are the advantages and disadvantages of mass production?
A lot of the same thing can be made cheaply and quickly. Also, things can be made with a higher degree of accuracy (though high precision machinery has to be monitored and calibrated constantly) That's basically it for the advantages. Though there are a lot more disadvantages, these 2 advantages most often outweigh them. One disadvantage is, if something is wrong with the product, there is sometimes no way to tell until several have already been made. Any time machinery is changed out, or the product is redesigned there could be errors. This all results in wasted resources. Building factories and machines to mass produce is expensive (another disadvantage in itself). This makes it bad for highly specialized products. Some items just will not sell enough to pay for such massive machinery. Some products have to be "made to fit" and just cant be churned out in one style. Limited resources can be another issue. If you can't afford to lose any of your resources, mass production wouldn't suit you. IE diamond cutting would be bad for mass production, because if something went wrong with the machine, the losses would be catastrophic. If one piece or section of your production line breaks, even one small bolt comes loose, it can result in heavy losses. Not only can this cause malformed or unusable products, but also the time the whole system has to be shut down for repairs. thus you have to hire vigilant maintainence crews. Mass production requires many workers to maintain, working in such dangerous facilities requires you to pay them higher than average wages, including insurance.
What advantages are there in taking courses in Construction Management Training?
If you get a degree in Construction Mgmt you can move from a manual position to a management job! You'll learn how to supervise and manage the job instead of having to do the heavy labor. Finishing a Construction Management Training program will open up new job opportunities. You will be able to become a Foreman or Site manager with higher pay.
Explain the four key differences between competency-based pay and traditional job-based pay?
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How much does maintenance pay at walmart distribution center make?
18.00 hr starting pay for third shift
What were the advantages and disadvantages of habitant in New France?
Advantages: They can eat what they growed Disadvantages: They had to pay money to the Seigneur
What were the advantages and disadvantages of habitant in France?
The Advantages to The Habitant Were: They Can Eat What They Growed. Disadvantages To The Habitant Were: They had to pay money to the Seigneur
What are the advantages and disadvantages of using willingness to pay as measure of value?
ANSWER ??
Advantages and disadvantages of debit cards?
The advantages of debit cards is they provide a handy way to pay for things with money that you have. The disadvantages are if you don't have the money, you can't pay for something.
What are the advantages and disadvantages of owners capital as a source of business finance?
The advantages are that you will not have to pay it back or worry about interest. Disadvantages are that you have to come up with the money no your own.
What are the advantages and disadvantages of card?
The advantages of a credit card is you can buy things that you don't have the money to buy. The disadvantages of a credit card is that you have to pay it off with interest in the future.
What are some advantages and disadvantages for a skilled pathway?
Skilled: Advantages- Better pay , better education , gain experience
What are the advantages and disadvantages of credit card?
The advantages of a credit card is you can buy things that you don't have the money to buy. The disadvantages of a credit card is that you have to pay it off with interest in the future.
What are the advantages and disadvantages of food service work?
Advantages of food service work could be that it is an easy job that does not require much education. Disadvantages are that they do not pay well and that you can be easily replaced.
What are the advantages and disadvantages of voluntary sector?
no pay obviously Errr... No PAY because we are gready and we want money!
Advantages and disadvantages of direct debit?
advantages: -safest way to pay your bills and make regular payments. -it has no processing fees.
What are the advantages and disadvantages of direct sales?
One advantage is that you pay with cash but you have to have the Exact amount
