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University of Richmond

Theses/Dissertations

1986

Incentives in industry

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A Justification For Implementing A Monetary Incentive Plan For All Salaried Employees, Peter N. Pastore Jr. Mar 1986

A Justification For Implementing A Monetary Incentive Plan For All Salaried Employees, Peter N. Pastore Jr.

Master's Theses

The current organizational status of the hunan resource has undergone significant changes. Recent technological advances and increased global competition are causing a shift from labor intensive to capital intensive production in the industrialized nations, with an accompanying emphasis on product quality. Concomitantly, (1) the quality of the machinery depends on the hunan variable in the producing company; and (2) while machines can be sped up to increase the quantity produced, the calibration of that equipment, for example, is left up to the human factor. Since these technological advances are projected to continue, more and more emphasis will be placed on …