F.W Taylor - Believes that money is the main motivation to employees
JLR applies this in their business by having different employees on a Salary or an Hourly paid rate, depending on the job. They also have pay rises every year depending on their performance throughout the year. 48% are on a salary and 52% on an hourly paid role. (2012)
Post graduate – £32,000 a year
Skilled trades – £28,000 - £34,500
Experienced professionals - £35,000 - £45,000 based on experience
Managers - £50,000
(For a managers role JLR will send training managers to University if they don’t have an Engineering degree – which can motivate them as they are expanding their skills which will lead to a higher value service/product which is provided.)
Comments
No comments have yet been made