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Showing posts with the label employee performance

Does Negotiating Pay with Employees Lead to Higher Performance and Profits?

Employers seek to create higher levels of employee performance as well as high firm profits. Standard employment contracts with predefined pay may not be offering an appropriate level of motivation for employees. Research conducted by Kuang and Moser may provide insight into how such negotiable contracts would work in the marketplace. Participative decision-making can improve firm performance in two ways (Zwick 2004) which includes information transference and employee involvement. In the first case, the transference of information creates a more efficient organization while employee involvement improves overall satisfaction with the organization. Both help tie the individual to the organizations success and mission.  Employees need accurate information in order to make choices within the workplace. The information disseminates useful data to employees (Freeman & Lazear 1995) that encourages effective organizational operations. The more useful information employees have

Improving on Teamwork by Understanding Your Weaknesses

Understanding the weaknesses employees have in their ability to engage effectively in team-work is beneficial in creating higher levels of organizational performance. As companies seek to develop new products and service the use of teams become important in putting to effective use the diversified skills. Certain weaknesses work in association with other weaknesses and can be used as a starting point to improvement. The use of work groups has become more common in modern times as a concept borrowed from Japanese manufacturers.   The ideal employee is often seen as that person who is capable of working effectively in groups (Guffey, 2000). It is through this group effort that individuals are capable of hedging their skills to create stronger results through mutual synergy.  The skills needed to be a strong group player can be elusive. Business leaders and employees alike can have difficulty understanding these concepts and defining them precisely enough to be of significa