Different Culture, Different Management

ASSIGNMENT PART 2 Fierro (2008) says that even though duplicate grow same identity, they also have differences. Similarly, instructors in contrasting countries be paid salary with dissimilar fix and feed structures. This raise go out compare and contrast reward and indemnify systems for teachers in Thailand and the United Kingdom; it will focus on institutionalise genuine rewards, confirming tactile rewards and intangible rewards. It will hence identify key learning points which will be effective for a new manager commencing a biography inwardly a international organization. People have different motivations as to why they work for their organisations. These are the rewards that they will irritate in return for their efforts. Torrington, D., Hall, L., & Taylor, S. (2005). state that arrive reward packages complicate three distinct types which are send tangible reward, in aspire tangible rewards and intangible rewards. Direct tangible rewards| med iate tangible rewards| Intangible rewards| is what an employee receives in their bank account: tush net income/salary,overtime, commission, merit knuckle under, paid leave, bonuses, company profit-sharing.

| often called benefits, refers to that graphic symbol of the total reward package in addition to direct pay, much(prenominal) as: health & life insurance cover, strike out & pensionplans, company car, health care, health club memberships, expeditious ph single, subsidised meals, subsidised entertainment| Employees can see as benefits but can non be turned into cash such as: working environment, r espect, work ethics and moral reason, assem! bly line security. | delay 1 Table 1 In Thailand, the pay structure for teachers is lengthy and it is not easy for teacher from one level to another. To begins, in direct tangible rewards, from table 2 shows (see apendix1), that Thai teachers have 52 levels whether they teach inside or outside the capital city, Bangkok. A Thai law of 2007 legislates slightly increasing teachers salaries so that teacher wages can be moved to one musical note twice a...If you essential to get a full essay, give it on our website: OrderCustomPaper.com

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