Human Resources Incentive Schemes and Motivation in Business.

Introduction Motivation: A business, as we know, needs land (a site), capital (factories, machinery, tools) and labour (workers) before it can produce anything. The most important of these factors is often quoted as being labour - the human resources that are needed for a business to be able to produce a good or service. Human resources (workers) need to be paid, to feel secure, to be valued, to be praised, to be promoted. Businesses that …

…the advantages of being part of the company "family". Along with that come other requirements that are necessary for the success of the incentive schemes, if they are not fulfilled the plans fail. Bibliography A Handbook of Personnel Management Practice, Michael Armstrong, Fourth Edition, 1994, England, Clays Ltd, St Ives plc Managing Human Resources, Sherman, Bohlander, Snell, 1998, South-Western College Publishing, Ohio, USA Course notes 2002 Business Studies, Neil Denby and Peter Thomas, 2001, Hodder and Stoughton, United Kingdom.