What practices pay off best and under what conditions Assignment - 1

What practices assume off best and to a lower place what conditions - Assignment ExampleIt is the consideration between the employers and themselves. It is usually a reward for a job done, straightaway related to the efforts applied in per tierance of the work.In merit pay/ make up of living adjustments form of pay, the employees are paid in relation to past work behavior and cost of living (Belcher, 1996). An append in merit is triggered by work behavior recognized in the past and the adjustments in the cost of living. The cost of living consideration raises the merit of all the employees without regard to the mental process. This form of pay is mostly safe when the employer is assured of commitment and professional skills of the workers. This form of pay will work towards ensuring that there is low employee dig over as most appreciate that the employer is considerate enough. Adjustments of pay in relation to the cost of living encourage the employees to be loyal to the comp any and to increase their output. This form of pay is particularly beneficial to the employees as during harsh economic times they are assured that the employer will adjust the pay in their benefit.The pay system brings on board various groups of people and this determines what they perceive of the company or the employer. The society or the community considers job compensation often referred to as pay as a measure of rightness towards the employees. It is the societys belief that benefits extended to the employees are a reflection of the level of justice in the society.The most beneficial form of pay to the employer is the incentives or the variable pay. In this form of pay, pay purloin is triggered by performance of the employees. Some of the assumptions of the variable pay method are some employees are more(prenominal) productive than their peers some perform better and are better equipped with technical skills better performance should be rewarded and some of the employees ea rnings should be directly proportional