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PRODUCTIVITY-BASED GROUP INCENTIVE SCHEME: A Human Resource Strategy for Competitive Advantage in a Malaysian Manufacturing Company

Ghazali, Zulkipli and Halib, Mohammed (2005) PRODUCTIVITY-BASED GROUP INCENTIVE SCHEME: A Human Resource Strategy for Competitive Advantage in a Malaysian Manufacturing Company. UM FBA Asian Business Conference 2005 . ISSN Conference Proceeding ISBN 983-2085-71-3

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Abstract

Improving the productivity and profitability of a company is a continuous challenge faced by industries. This capability creates sustainable competitive advantage. The paper presents an incentive scheme that has been designed and successfully implemented to reward work and performance as motivation for productivity improvement among the operative staff of a Malaysian manufacturing company. The paper highlights and discusses the design criteria of the scheme, process of implementation, key success factors, benefits and areas for improvement.

Item Type:Article
Subjects:H Social Sciences > H Social Sciences (General)
Departments / MOR / COE:Departments > Management & Humanities
ID Code:1820
Deposited By: Dr Zulkipli Ghazali
Deposited On:28 Apr 2010 06:50
Last Modified:28 Apr 2010 06:50

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