Impact of Performance - Related Bonus on Motivation and Productivity : The case of Sunbird Tourism Limited Malawi

Language: English

Published by LAP Lambert Academic Publishing, 2012

3845476109 / 9783845476100

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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nach der Bestellung gedruckt Neuware - Printed after ordering - As the world of work becomes more complex and competitive with the current turbulent business environment with focus shifting more to intangible assets, companies and organisations are exploring various strategies to survive and remain competitive. Crucially, in a labour intensive industry like hotel business, employees motivation to go an extra mile in their performance becomes critical in achieving high quality service delivery. Some companies have introduced a Performance Related Bonus scheme as a strategy to incentivize their staff to work harder with the hope that this will have a positive impact on productivity. As employee motivation is a complex subject, no single model can be ideal. Based on a practical company experience in a developing country, Malawi, this book provides useful and valuable insights into this thorny area of whether performance - linked bonus or monetary rewards can have a positive impact on employee motivation and resultantly improve productivity.Challenges associated with the introduction and implementation of the Performance-Related Bonus policy have also been explored.…

Seller Inventory # 9783845476100

Title
Impact of Performance - Related Bonus on Motivation and Productivity : The case of Sunbird Tourism Limited Malawi
Author
Edward Chunga
Publisher
LAP Lambert Academic Publishing
Publication year
2012
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3845476109
ISBN 13
9783845476100
Item weight
153 grams
Dimensions
220x150x33 mm

AHA-BUCH GmbH

Einbeck, Germany

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