Thursday, February 27, 2020

Rewards Strategy Assignment Example | Topics and Well Written Essays - 2500 words

Rewards Strategy - Assignment Example No matter how well the awareness campaign is planned, the role of line managers is most important in making the total rewards plan a success, hence it is important to take each line manager in confidence and explain the overall increased benefits to them along with the reasons for change. 9 Discouraging the Entitlement Mentality 10 Rewards Arrangement and Flexibility between divisions 11 Responsibility and readiness of Line Managers 11 Sequence or Timeline for implementation of a total rewards Strategy 12 Change Management 12 Total Reward Framework 13 References 15 Meyers, J. 2010, ‘How Does a Contingent Payment Work?’, Viewed 29 November 2012 15 Introduction The London Provincial Bank is undergoing the same phase of growth that every organization witnesses after it balances both the internal efficiencies and performance in the market. The concern now for the Bank is to retain, reward and develop their staff resulting in a competitive advantage in the banking industry. T o achieve this it is important for the bank to attain a consistency in the workforce performance with better retention techniques applied to prevailing workforce while attracting the best talent from the market. The Total Reward approach draws together all the financial and non-financial investments an employer makes for its workforce. It emphasizes all aspects of reward as an integrated and coherent whole, from pay and benefits through flexible working hours, learning and development, quality and challenge of the work itself (Manas & Graham, 2002). Total reward strategy includes everything the employee perceives to be of...To achieve this it is important for the bank to attain a consistency in the workforce performance with better retention techniques applied to prevailing workforce while attracting the best talent from the market. The Total Reward approach draws together all the financial and non-financial investments an employer makes for its workforce. It emphasizes all aspects of reward as an integrated and coherent whole, from pay and benefits through flexible working hours, learning and development, quality and challenge of the work itself (Manas & Graham, 2002). Total reward strategy includes everything the employee perceives to be of value resulting from the employment relationship. All of the tools available to the employer that may be used to attract, motivate and retain employees (Armstrong, 2010). The selected approach adopted for compilation of a total rewards policy is the Towers Perrin model of Total rewards, which explains the reward distribution in to communal and individual rewards with tangible and intangible nature, hence: Pay + Benefits + Learning and Development + Working Environment = Total Rewards Objectives †¢ Improved organizational performance – helping organizations balance their investment with employee expectations and needs, to source and retain high quality staff, winning their commitment by optimizing motivation and morale, and thereby securing better value for money and greater productivity (Armstrong, 2010).

Tuesday, February 11, 2020

Religions in American Research Paper Example | Topics and Well Written Essays - 1250 words

Religions in American - Research Paper Example For instance, bodily illnesses that characterize Wilson’s mother health, which almost prove to her young daughter otherwise contrary to what she has grew up believing (Wilson 87). In most cases, these predicaments and numerous mysteries, which young people cannot comprehend when they come of age, prompt them to lose their faith and abandon creeds, which they grew up believing. Hence, result to embracing other new modes of creeds that seem to offer them the necessary immediate comfort or answers to what is puzzling them (Wilson 87). This study seeks to expound much about varied stages of developments as well as certain life’s issues that prompt one to change what he or she has all through since childhood believed (Wilson 87). Spiritual life is barely discussed in early childhood development (Gordon & Kathryn 502). Little consideration on religion development psychologically on a child leads to a person who advocates for secular and humanist perspective of human behavior (Antonia 25). Participation in religious activities is thought to be a way of avoiding numerous society vices for instance, adolescent pregnancy, drug and substance abuse as well as self-esteem among children (Antonia 25). There are varied reasons why parents tend to ensure their children associate themselves with the religion they believe and see is best for their spiritual development (Antonia, 25). For instance, some parents claim that without a shared religion between the parents and children, a child will fail to feel and enjoy the connection with his or her family. Children tend to deal with religion in varied ways at diverse stages of their development. In this case, it is significant for the parents to ensure their children associ ate themselves with specific religions from a tender age but as they grow, the parents should tolerate different views from their children towards certain denominations or regions, which they may seem to have interest in based on their understanding (Antonia, 25). Mostly, this occurs because as the children grow they tend to realize that norms, beliefs and faith associated with the religion they were introduced to at their early childhood, are absurd and cannot apply in the their daily lives (Wilson 344). As they also grow, they meet and interact themselves with varied people of diverse creeds in places like schools or work, hence get influenced towards certain creeds or denominations. The child may find the new religion, which parents introduced them is in accordance to their besides other norms. Based on James Fowler’s stages of faith theory, stage I Intuitive-Projective faith is the fantasy-filled, and is imitative phase. In this level, the child can be powerfully and perm anently influenced by examples, moods, actions or stories of the visible faith (Neuman, 44). This is via interacting with the adults who influences their behaviors and what they seem to hold as true in their lives (Neuman, 44). This stage usually occurs among the children aged between three to seven years and encompasses unending thoughts patterns by the child (Neuman 44). In this stage, the child usually develops mutual relationship with the caregiver (Neuman 45). The quality of relations and teachings of religion passed in this stage tend to affect one’s future religiously (Neuman 48). In league with forms of knowing dominated by perception, imagination in this stage is extremely productive of long-lasting images and feelings (positive and negative) that later, more stable and self-reflective valuing and thinking will have to order and sort out (Neuman 46). This is the stage of first