PRODUCTIVITY-BASED GROUP INCENTIVE SCHEME: A Human Resource Strategy for Competitive Advantage in a Malaysian Manufacturing Company

Improving the productivity and profitability of a company is a continuous challenge faced by industries. This capability creates sustainable competitive advantage. The paper presents an incentive scheme that has been designed and successfully implemented to reward work and performance as motivatio...

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Main Authors: Ghazali, Zulkipli, Halib, Mohammed
Format: Article
Language:English
Published: University of Malaya 2005
Subjects:
Online Access:http://scholars.utp.edu.my/id/eprint/1820/
http://scholars.utp.edu.my/id/eprint/1820/1/CONF_PAPER_1_-_PRODUCTIVITY-BASED_GROUP_INCENTIVE_SCHEME.docx
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author Ghazali, Zulkipli
Halib, Mohammed
author_facet Ghazali, Zulkipli
Halib, Mohammed
author_sort Ghazali, Zulkipli
building UTP Institutional Repository
collection Online Access
description Improving the productivity and profitability of a company is a continuous challenge faced by industries. This capability creates sustainable competitive advantage. The paper presents an incentive scheme that has been designed and successfully implemented to reward work and performance as motivation for productivity improvement among the operative staff of a Malaysian manufacturing company. The paper highlights and discusses the design criteria of the scheme, process of implementation, key success factors, benefits and areas for improvement.
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spelling oai:scholars.utp.edu.my:18202010-04-28T06:50:52Z http://scholars.utp.edu.my/id/eprint/1820/ PRODUCTIVITY-BASED GROUP INCENTIVE SCHEME: A Human Resource Strategy for Competitive Advantage in a Malaysian Manufacturing Company Ghazali, Zulkipli Halib, Mohammed H Social Sciences (General) Improving the productivity and profitability of a company is a continuous challenge faced by industries. This capability creates sustainable competitive advantage. The paper presents an incentive scheme that has been designed and successfully implemented to reward work and performance as motivation for productivity improvement among the operative staff of a Malaysian manufacturing company. The paper highlights and discusses the design criteria of the scheme, process of implementation, key success factors, benefits and areas for improvement. University of Malaya 2005 Article PeerReviewed application/msword en http://scholars.utp.edu.my/id/eprint/1820/1/CONF_PAPER_1_-_PRODUCTIVITY-BASED_GROUP_INCENTIVE_SCHEME.docx Ghazali, Zulkipli and Halib, Mohammed (2005) PRODUCTIVITY-BASED GROUP INCENTIVE SCHEME: A Human Resource Strategy for Competitive Advantage in a Malaysian Manufacturing Company. UM FBA Asian Business Conference 2005. ISSN Conference Proceeding ISBN 983-2085-71-3
spellingShingle H Social Sciences (General)
Ghazali, Zulkipli
Halib, Mohammed
PRODUCTIVITY-BASED GROUP INCENTIVE SCHEME: A Human Resource Strategy for Competitive Advantage in a Malaysian Manufacturing Company
title PRODUCTIVITY-BASED GROUP INCENTIVE SCHEME: A Human Resource Strategy for Competitive Advantage in a Malaysian Manufacturing Company
title_full PRODUCTIVITY-BASED GROUP INCENTIVE SCHEME: A Human Resource Strategy for Competitive Advantage in a Malaysian Manufacturing Company
title_fullStr PRODUCTIVITY-BASED GROUP INCENTIVE SCHEME: A Human Resource Strategy for Competitive Advantage in a Malaysian Manufacturing Company
title_full_unstemmed PRODUCTIVITY-BASED GROUP INCENTIVE SCHEME: A Human Resource Strategy for Competitive Advantage in a Malaysian Manufacturing Company
title_short PRODUCTIVITY-BASED GROUP INCENTIVE SCHEME: A Human Resource Strategy for Competitive Advantage in a Malaysian Manufacturing Company
title_sort productivity-based group incentive scheme: a human resource strategy for competitive advantage in a malaysian manufacturing company
topic H Social Sciences (General)
url http://scholars.utp.edu.my/id/eprint/1820/
http://scholars.utp.edu.my/id/eprint/1820/1/CONF_PAPER_1_-_PRODUCTIVITY-BASED_GROUP_INCENTIVE_SCHEME.docx