Republic of uzbekistan andijan machine-building institute fundamentals of business management

Compensation methods 
2. Hourly wages are for these workersmoney given according to the time worked. The 
monthly salary is given for each month worked. None of these payment methods depend 
on the quality of the produced products, instead, they are paid according to the time spent 
on production. Therefore, it is a very simple method of management. 
3. The incentive system depends on the quality of the worker's work and the size of the 
support money. Some entrepreneurs also pay commission payments as a percentage of the 
sold products. Sellers often receive such commission money. The second type of payment 
is work pay. lov. A worker is paid based on the amount of work completed. Worker fees 
are often paid in the manufacturing, farming, and service industries. for grapes, is paid for 
each answered call. 
4. Some companies use a mixed form of payment. This method is a combination of time and 
work methods. One of its types is the method of income distribution. 
5. This system encourages commitment, teamwork, and useful work to increase profits. 
Employee benefit. 
6. Awarding employee benefitsthe price can be an expensive addition. On average for all jobs, 
an additional 20 to 40 percent of an employee's salary is spent on benefits. If a worker 
makes $11 an hour, 30 percent of the profit is the value added wage 
Raises to $14.30. If a worker works 40 hours a week, the added value reaches $6,864,000 
per year. 
7. 
State and federal laws require certain interests. Many jobs must offer and pay for the 
benefits claimed. Benefits include overtime, Social Security, Medicare, and payments for 
injured workers and unemployed workers.
Full-time employees can expect their companies 
to provide insurance plans, including health, life, dental, and disability insurance. Rapidly 
increasing health insurance has created unique challenges in getting a job. As a result, many 
companies are reducing health insurance benefits or requiring employees to pay more of 
their premiums. 
8. The cost of profit is very high and continues to rise. Each employee may prefer different 
benefits. As a result, cafeteria plans were developed in the human resources department. 
The cafeteria plan gives employees a clear amount of money to spend on benefits. The 
employee chooses the type of benefit he prefers. If prices are high, the worker pays the 
difference 
Management quality 
9. 
Managers work closely with employees to successfully complete planned work goals. 
Each worker is expected to monitor quality levels with work efficiency. According to it, 
employees must demonstrate effective working relationships with colleagues, managers 
and customers. New technologies and new ways of working are introduced when changing 
tasks. Workers should improve their skills based on the requirements of changing their 
duties. Many companies offer training and development programs to help employees 
improve their performance. 
Studying workers 
10. Managers regularly review the work of their employees. Human resources department is 
responsible for researching work methods and forms. Managers are trained to study 
workers objectively and conduct effective employee conferences. Human resources keep 
work learning methods in the personal lives of employees. 

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