M.Com. (Business Management) / Companies in the Republic of South Africa are under increasing pressure to improve productivity, due to increased world market competition and change in market situations. For a country to grow economically, to create job opportunities and to restrict inflation and increases in labour costs, productivity improvement is essential. If the real output per worker increases the real income will increase, and will lead to an increased living standard. Productivity improvement within a business enterprise organisation cannot be applied to one aspect only. There is a relation between factors that influence productivity. Productivity improvement can only improve successfully within a business enterprise if management, workers and work groups strive together to solve productivity problems. Group based incentive schemes have always been used, especially at top management level. It has only recently drawn attention as a total organisation incentive scheme. Management started believing that all workers can play a role and make a contribution to productivity improvement. Group productivity incentive schemes encourage management, workers and work groups to work together to solve productivity problems. Management and workers can benefit by a properly designed productivity incentive scheme. Workers earn a higher income, as well as improving their standard of living, enabling them to gain better job security. The company can increase its level of productivity to become more competitive and to improve profitability. This study determines: All the important aspects which must be considered for the successful use of group incentive schemes to increase the productivity of direct labour in the manufacturing
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:uj/uj:10609 |
| Date | 14 April 2014 |
| Creators | Van Niekerk, James Patrick |
| Source Sets | South African National ETD Portal |
| Detected Language | English |
| Type | Thesis |
| Rights | University of Johannesburg |
Page generated in 0.0039 seconds