Human Resources in Business Case Study Example | Topics and Well Written Essays - 500 words

Human Resources in Business - Case Study Example Other rewards might be social gatherings for different departments, free access to sports clubs or events, and gift packages for vacations or weekend getaways. Both controlling costs and promoting fairness are equally important in designing a reward system. I believe the key to a successful organization is to try and balance between the controlling costs and promoting fairness. The above mentioned company for which I worked 5 years and in two different countries, the reward system, the bonuses in particular were adjusted several times. This, though, was not as a result of the modifying organizational strategies, but a change made in order to respond adequately to the extra money that employees were earning. The statistics showed that some employees are earning the same bonus as the amount of their salary and senior managers decided to change the bonus system, so that greater revenues stays with the company. Therefore, on the various new reward systems that were introduced, hard-working employees who reached their target each month received fewer bonuses. I had experience in job evaluation schemes and I think I was lucky to have a great team leader, who encouraged me to develop the skills that I lacked and gave me the confidence to relate to the job position. The positive aspects might be that although you know that you are performing well, you still need another point of view of your achievements. Employees are not able to look their work from aside so job evaluation is a good way to adjust the barometer of the performed job. A negative aspect might be that everyone has been evaluated under the same criteria, which is very general, and sometimes subjective. Therefore, people, who have different attitude, abilities, predispositions are evaluated under the same common denominator, which destroys the individuality and divides employees into already set