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8 Cards in this Set
- Front
- Back
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Define: Inflow |
Money coming INTO a business |
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Define: Outflow |
Money coming OUT of a business |
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Name some non-financial motivators |
Job titles training xmas party team building activities regular feedback and approvals Job rotation |
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Why is motivation important? |
Motivation is important as it increases preformance and improves attendance as it creates a willingness to work |
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Name 3 payment methods |
Salaries Wages Commission Piece rate Flat Rate |
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Give some advantages for salaries |
Definitely going to get paid increases over years |
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Give some disadvantages for salaries |
No extra money for work Don't have to work harder for money |
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Name some Financial Motivators |
Fringe benefits company car wage increase |
