Pay them by their performance and everyone benefits As a statement of Essay - 1

Pay them by their performance and everyone benefits As a statement of management - Essay Example Quite understandably, these people were in search for a formula or the prominent factors, which can affect these above mentioned variables. This search led these experts to many new concepts and approaches and out of them â€Å"pay for performance† is one of the most debated, and discussed ones. This paper, therefore, focuses on the same concept and is an attempt to analyze and explore different dimensions to this concept. It is important to understand that this system cannot come under study in isolation with the other systems of fixed pay systems. This is because that actually shortcomings and problems within the existing systems led to the discovery and creation of pay for performance. In fact, pay for performance was an attempt by organizational experts to rectify the problems with the fixed pay plans. One of the biggest problems with fixed pay plans was their inability to motivate employees to put in the extra effort. Employees were asking themselves that why should they put in extra effort into their jobs when they are not getting any rewards for the same. Tangible or intangible rewards are quite understandably the biggest motivational factors of the employees most of the times, and without their presence, life became miserable for the mangers who want extra quality work from their employees. Moreover, this was the time in the history when the market was increasingly becoming a ruthless and aggr essive place, when their bosses asked managers and company heads to continue a two-fold goal of cutting the costs and increasing the productivity of the organization and both at the same time. This eventually meant that the managers would have to motivate the employees to put in more effort with the same rewards, pay, or remuneration. As mentioned above, this was certainly not possible. This situation was problematic from two sides of the picture. The first side of

H.W Essay Example | Topics and Well Written Essays - 500 words - 3

H.W - Essay Example Wind energy is a useful renewable energy source that is likely to increase in popularity in the coming years because of its wide-ranging advantages. Wind power generates green energy that guarantees minimum pollution to the environment. Unlike nonrenewable energy sources that produce noxious and destructive greenhouse gases, wind energy is a clean energy source that limits the production of waste matter (Nelson, 2013). Tapping and production of wind energy is a simple process that minimizes the production of effluents that may be destructive in the environment. Although most renewable energy sources are cheap and provide a stable supply of energy, wind energy is the most plentiful among the sources and it is available globally. The abundance of wind energy is also a significant benefit. The energy source is readily available and offers flexible forms of extraction that are convenient for most industries. It is non-exhaustible in nature and available in virtually all areas in the world, be it rainy or sunny. This ensures that a larger population, even in the most remote of areas, can access wind energy and capitalize on its benefits using appropriate machinery. Compared to solar energy, wind energy is definitely more abundant (Nelson, 2013). Solar energy may be unavailable in other areas such as Antarctica region or during winter periods. Wind energy is an all-weather form of energy that is available in any location during any time. Innumerable forms of technology are available to tap wind energy according to the output levels required in manufacturing firms. Wind energy provides a cheap way of extraction and use. Modern forms of technology ensure that there are various ways of tapping wind energy without incurring significant costs. Although installation costs may present a challenge in the introductory phases of installation, the later stages of tapping and production of energy are often inexpensive. It is a beneficial and convenient source for