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A firm's ability to weather business cycles stems from effective utilization of an appropriate level of leverage though realigning fixed and variable costs. These accrued cost savings are redirected to keep the organization afloat until business conditions turn around. Reducing employee costs...
Persistent link: https://www.econbiz.de/10013124148
The business cycle has a significant impact on the performance of the organizations. It influences overall compensation costs. The business cycle involves understanding different phases of the economic activity such as periods of expansion, in which there is broad economic growth, and periods of...
Persistent link: https://www.econbiz.de/10013125074
A number of researchers have examined organizations progress through various stages in a life cycle as they grow and develop from birth to death. This article explains organizational life cycle (OLC), its impact on organization performance, and response of human resources (HR) manager for...
Persistent link: https://www.econbiz.de/10013104209
Utilising the Sales Force Configuration Approach, this study evaluates how sales organisations can respond to market opportunities while balancing costs and profitability. The article discusses factors such as selling activities, role of the sales force, and sales force size and its impact on...
Persistent link: https://www.econbiz.de/10013021076
provided in this article will help managers in effectively managing compensation costs as well as enhancing performance of the …
Persistent link: https://www.econbiz.de/10013030490
Understanding of business cycle phases has been the focus of researchers to mitigate negative impacts of business cycle on the organizations. Realigning fixed and variable pay in the pay structure helps organizations in maintaining proper leverage ratio for mitigating adverse impact of recession...
Persistent link: https://www.econbiz.de/10013131735
This paper aims to investigate the relationship between fixed and variable pay compensation in the organizations and their impact on employee motivation, productivity and overall performance of the organization. Impact of fixed pay and variable pay as a part of overall compensation structure on...
Persistent link: https://www.econbiz.de/10013134051
Understanding of business cycle phases has been the focus of researchers to mitigate negative impacts of business cycle on the organizations. Realigning fixed and variable pay in the pay structure helps organizations in maintaining proper leverage ratio for mitigating adverse impact of recession...
Persistent link: https://www.econbiz.de/10013113364
Sales force compensation is influenced by various factors of development and change occurring at the individual, product, organizational and environmental levels. Companies that adapt to changing circumstances are likely to be more successful. The sales compensation strategy should be realigned...
Persistent link: https://www.econbiz.de/10013064367
A well designed pay structure can be used as a powerful tool for encouraging employees to achieve goals set by the management. Monetary rewards include base pay compensation (or fixed pay) and incentive compensation (or variable pay). Each element of the compensation decision encourages and...
Persistent link: https://www.econbiz.de/10013064876