Relate net profit to organizational culture and performance For a confederacy and an associate to fulfill the vision of a guild they moldiness first find a salary that is both equal effective for the company and acceptable for the associate. This starts with the understanding of other associates deep down the same business who ar being offered sealed salary levels for their experience, education, and performance. Each of these topics are paramount for a successful organizational culture to be built upon. When an associate expects a certain level of compensation for their previous effect experience they are measured against others in that same field of construct. This experience is measured not only in length of time, but alike in the performance of duties the new associate performed. This experience is indeed measured and applied against other competing companies so as to come up this company equal to or better than the competition. Leveraging mental capital as a sustainable competitive value depends upon a firms ability to use existing knowledge and to generate new knowledge (Chow, 2007). This mindset pours into the culture of the company. If the company is offering great pay, benefits, and building a great milieu to work then you depart draw the best candidates for the job.
This creates a workplace culture to where people requisite to come to work because they feel rewarded and compensated correctly for what they feel they deserve. This positive posture can also be directly related to increase performance numbers within a company. When associates are a part of a successful bonus and salary social structure they are more likely to perform at a higher level. The mindset of the associate becomes more focused on productivity because of the higher return on their investment of their unverbalized work. Allowing for a generous payment or incentives plan will not only create a positive work environment, but it also creates an atmosphere of competition among fellow associates.... If you want to get a full essay, order it on our website:
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