Benefits-Drawbacks

Group incentives are reward (may be financial or non-financial) given to the group of employees for their collective effort to meet or exceed predetermined standard. Main advantages and disadvantages of group incentives can be expressed as follows: Advantages Or Benefits Of Group Incentives 1. Suitable For Interdependent...

Individual incentives are financial or non-financial rewards given to individual workers on the basis of performance standards like quantity, quality, attendance etc. Advantages Or Benefits Of Individual Incentives 1. Helps To Inspire Employees Individual incentives motivate the employees to do their best and inspires...

What Is Performance Appraisal ?Performance appraisal is a technique of  evaluating the strength and weakness of employees'  performance in the organization. It helps the management to identify the area of improvement and to determine the training and development need to boost their performance.Main advantages...

What Is Off The Job Training ?Off the job training is conducted outside the company or workplace. In this method, trainees learn through lectures, case studies, conferences, demonstration, modeling, computer, role play etc. Benefits Or Advantages Of Off The Job TrainingThe main advantages of off the job training...

What Is On The Job Training ?On the job training is conducted at the actual work place which helps the newly appointed employees to learn by performing the job. Simplicity, economical, time saving, quick learning etc, are some advantages of this training method. On the other hand, it has some drawbacks such as possibility...

Main advantages or benefits of employee training can be expressed as follows: 1. Higher Performance Training helps to upskill employees by enhancing their skills and knowledge. So, they show high performance at the workplace. Training also helps the employees to develop decision making and problem solving skills. 2....