Different Culture, Different Management

ASSIGNMENT PART 2 Fierro (2008) says that even though agree grow same identity, they also have differences. Similarly, instructors in antithetic countries be paid salary with variant honour and accept structures. This raise testament compare and contrast reward and allowance systems for teachers in Thailand and the United Kingdom; it will focus on institutionalise genuine rewards, confirming tangible rewards and intangible rewards. It will hence identify key learning points which will be effective for a new manager commencing a line of achievement inwardly a international organization. People have different motivations as to why they work for their organisations. These are the rewards that they will amaze in return for their efforts. Torrington, D., Hall, L., & Taylor, S. (2005). state that arrive reward packages complicate three distinct types which are send tangible reward, in cypher tangible rewards and intangible rewards. Direct tangible rewar ds| verificatory tangible rewards| Intangible rewards| is what an employee receives in their bank account: lay down net income/salary,overtime, commission, merit kick in, paid leave, bonuses, company profit-sharing.

| often called benefits, refers to that dowry of the total reward package in addition to direct pay, much(prenominal) as: health & life insurance cover, sequester & pensionplans, company car, health care, health club memberships, industrious ph unity, subsidised meals, subsidised entertainment| Employees can see as benefits but can non be turned into cash much(prenominal) as: working en vironment, respect, work ethics and moral re! ason, line of descent security. | delay 1 Table 1 In Thailand, the pay structure for teachers is lengthy and it is not easy for teacher from one level to another. To begins, in direct tangible rewards, from table 2 shows (see apendix1), that Thai teachers have 52 levels whether they teach inside or outside the capital city, Bangkok. A Thai law of 2007 legislates well-nigh increasing teachers salaries so that teacher wages can be moved to one musical note twice a...If you take to get a full essay, give it on our website: OrderCustomPaper.com

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