2. Purpose
In this study, we are going to have a closer look at the benefit’s definition and the types. And then analyze the real cases in our society to see how the reward systems are adopted to the organization in the real world. We pick up four companies out of the biggest corporations in Korea. To be specific, the analysis is about what kind ofreward system they offer to their members and
받을 수 있는 보상의 크기가 달라짐을 의미합니다.
This chart is composition of credits. This is widely composed with 3 parts. All recipients are given the basic credits and they set up a remain portion according to their contribution such as the positions, the year of work, and a previous performance.
That is, the size ofreward depends on the performance of individuals.
rewards strategy.
Benefit을 파트타이머에게 까지 확대적용 → 더 나은 고객서비스, 근속연수 증가
Offer benefits
→ Attract and retain talent and to meet their
responsibilities to employees
→ Appeal to the different groups is vital to attracting and retaining all types of employees.
Benefits Design Question
편익을 포함하여
1. Using the model found on page 194, evaluate Allstate’s goal-setting process. How does it work?
Allstate is insurance company. As nature of the insurance company, they must be faced with a variety of customers, so Allstate have to choose diversity strategy to satisfy a consumer as well as their employee. Diversity strategy unlock the potential for excellence un all
of company, LGE also tries to reduce the head office’s size to innovate. They disbanded many teams, including even ‘Blue Ocean’ team which have established creative strategies for entire LGE
2.3. Systems
We can view LG electronics’ systems in two ways, internally and externally. First of all, remarkable system for internal management is LGE’s reward system named ‘target incentive’