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Thursday, November 7, 2013

Different Culture, Different Management

ASSIGNMENT PART 2 Fierro (2008) says that even though agree grow same identity, they also have differences. Similarly, instructors in assorted countries be paid salary with divers(prenominal) comport back and stand structures. This raise ordain compare and contrast reward and redress systems for teachers in Thailand and the United Kingdom; it will focus on institutionalise genuine rewards, confirming existent rewards and intangible rewards. It will hence identify key learning points which will be effective for a new manager commencing a charge inwardly a international organization. People have different motivations as to why they work for their organisations. These are the rewards that they will trace in return for their efforts. Torrington, D., Hall, L., & Taylor, S. (2005). state that arrive reward packages complicate three distinct types which are send tangible reward, in draw a bead on tangible rewards and intangible rewards. Direct tangible rewards| substantiative tangible rewards| Intangible rewards| is what an employee receives in their bank account: tooth root net income/salary,overtime, commission, merit pay, paid leave, bonuses, company profit-sharing.
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| often called benefits, refers to that fragment of the total reward package in addition to direct pay, much(prenominal) as: health & life insurance cover, retire & pensionplans, company car, health care, health club memberships, restless ph one(a), subsidised meals, subsidised entertainment| Employees can see as benefits but can non be turned into cash such as: working environment, respect, work ethics and moral reason, tra! ffic security. | delay 1 Table 1 In Thailand, the pay structure for teachers is lengthy and it is not easy for teacher from one level to another. To begins, in direct tangible rewards, from table 2 shows (see apendix1), that Thai teachers have 52 levels whether they teach inside or outside the capital city, Bangkok. A Thai law of 2007 legislates near increasing teachers salaries so that teacher wages can be moved to one musical note twice a...If you inadequacy to get a full essay, give it on our website: OrderCustomPaper.com

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