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    Green Simple Business Model Canvas Poster

    Uploaded by

    wolfpackoftrio

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Green Simple Business Model Canvas Poster

    Uploaded by

    wolfpackoftrio
    4 views1 page

    Original Title

    Green simple business model canvas poster

    Copyright

    © © All Rights Reserved

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    PDF, TXT or read online from Scribd

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    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    4 views1 page

    Green Simple Business Model Canvas Poster

    Uploaded by

    wolfpackoftrio

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    METHODS OF MOTIATION - FINANCIAL REWARDS

    WAGES CALCULATING WAGES - CALCULATING WAGES - TIME


    SUMMARY PROFIT SHARING
    PIECE RATE RATE
    Paid weekly Methods of payment or Employees receive a
    Paid depending on the Payment by the hour
    Paid to manual financial reward are used to share of the profits as
    quantity of products made Easy to calculate
    workers provide incentives to well as their basic salary
    A basic rate is paid plus an Problems:
    employees to encourage them
    Cash or bank additional rate that varies Hours are recorded Motivate workers to
    to work hard and effectively. ​
    account according to the amount of
    on a time-sheet which work hard
    Wages are paychecks given
    products produced. Used in service sector
    Can be paid weekly must be filled in. This
    Used where it’s possible to where its difficult to
    overtime There are 2 types of wages: system takes time.
    measure the performance of
    time rate and piece rate God and bad workers identify an individual
    an individual or team.
    Piece rate wages depend on the
    get paid the same employee’s contribution
    Benefits: Encourages workers to work
    amount of products produced Problems:
    faster amount of money
    Business pays Time rate wages depend on the If the business makes
    employees only the amount of time spent at work
    CALCULATING WAGES - BONUSES very low profits/loss
    Salaries are paychecks paid
    number of hours then motivation
    PIECE RATE monthly straight into the bank Lump sum paid when
    they are at work account. They are slightly more employees have worked well
    decreases
    Problems: sophisticated. The calculation for
    Paid at intervals during the
    Focus on quantity, not quality Commission is an additional profit share is based
    Drawbacks: year or at the end
    which is bad for reputation. payment paid to sales staff Not a requirement upon the employees
    Have to be Workers who produce high- based on amount of sales Have a positive motivating salary. Therefore the
    calculated weekly - quality goods will be paid Profit sharing is when a share effect higher the salary the
    takes time and unfairly. This can cause drama of the profit is given to Problems: more you receive. This
    If the machinery breaks down,
    money employees additionally to their If business isn’t able to pay
    can cause bad feeling
    production rate will be low and salary
    Usually employs them employee motivation
    employees will earn less. within the business.
    may go down
    wage clerks
    Drama between colleagues

    SALARIES COMMISSION
    Paid monthly via bank account Paid to sales staff
    Depends on amount of sales
    Paid to office staff/management
    Encourages staff to sell as much as possible, good for business
    Amount per year/12 Paid in addition to existing wage or salary
    Easy to complete calculation every month Problems:
    Problems: Sales staff persuade customers to buy products they don’t need/want. This
    is a short term benefit but harmful to the business reputation.
    Workers want to be paid weekly
    Stressful for sales staff as they may not earn enough money to fulfil their
    No paid overtime. So employees won’t work longer than in the basic needs.
    contract Too much competition within staff.

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