netrashetty
Netra Shetty
Citrix Systems, Inc. (NASDAQ: CTXS) is a multinational corporation Founded in 1989, that provides server and desktop virtualization, networking, software-as-a-service (SaaS) and cloud computing technologies including Xen open source products.
Citrix currently services around 230,000 organizations worldwide[2] and is based in Fort Lauderdale, Florida, in the South Florida metropolitan area, with subsidiary operations in California and Massachusetts, and additional development centers in Australia, India and the United Kingdom.
Following the acquisition of XenSource, Inc in October 2007, Citrix shepherds the Xen open source hypervisor project
Skill-based pay according to Knouse (2002) compensates employees for the depth and breadth of skills they obtain that are valued by the organization. The emphasis is on skill mastery rather than on job performance, which is the focus of more traditional pay plans, such as merit pay. Skill-based pay programs tend to be found in high employee involvement organizations, where employees work in teams and actively participate in managing organizational processes. Skill-based pay is an innovative reward system that promotes workforce flexibility by rewarding individuals based on the number, type, and depth of skills mastered (Recardo and Pricone 1996). The aim of the skill-based pay is to encourage and reward employees who take the initiative to update their knowledge, skills and abilities. As employees acquire higher level of expertise, the organization must reward them in order to promote an environment of ‘continuous learning’.
Awards and Recognitions
Aside from the financial rewards that are given to employees for their contributions, the company can also use awards and recognitions to motivate and to reward employees. Awards and recognitions make employees feel valued and appreciated. Awards and recognitions must be used as a part of the overall reward system of the Hotel. Awards and recognitions are also tools in motivating employees. Immediate recognition can reinforce the effective behavior of an employee and can provide some immediate outcomes to reward the employees’ inputs and efforts.
Training offers innumerable benefits to both employees and employers. It makes the employee more productive and more useful to an organization. The importance of training can be studied under the following heads:
Benefits to the business:
Trained workers can work more efficiently. They use machines, tools, and materials in a proper way. Wastage is thus eliminated to a large extent.
There will be fewer accidents. Training improves the knowledge of employees regarding the use of machines and equipment. Hence, trained workers need not be put under close supervision, as they know how to handle operations properly.
Trained workers can show superior performance. They can turn out better performance. They can turn out better quality goods by putting the materials, tools and equipment to good use.
Training makes employees more loyal to an organization. They will be less inclined to leave the unit where there are growth opportunities
Benefits to the employees:
Training makes an employee more useful to a firm. Hence, he will find employment more easily.
Training makes employees more efficient and effective. By combining materials, tools and equipment in a right way, they can produce more with minimum effort.
Training enables employees to secure promotions easily. They can realise their career goals comfortably.
Training helps an employee to move from one organization to another easily. He can be more mobile and pursue career goals actively.
Employees can avoid mistakes, accidents on the job. They can handle jobs with confidence. They will be more satisfied on their jobs. Their morale would be high.
Thus, training can contribute to higher production, fewer mistakes, greater job satisfaction and lower labour turnover. Also, it can enable employees to cope with organizational, social and technological change. Effective training is an invaluable investment in the human resources of an organization
Citrix currently services around 230,000 organizations worldwide[2] and is based in Fort Lauderdale, Florida, in the South Florida metropolitan area, with subsidiary operations in California and Massachusetts, and additional development centers in Australia, India and the United Kingdom.
Following the acquisition of XenSource, Inc in October 2007, Citrix shepherds the Xen open source hypervisor project
Skill-based pay according to Knouse (2002) compensates employees for the depth and breadth of skills they obtain that are valued by the organization. The emphasis is on skill mastery rather than on job performance, which is the focus of more traditional pay plans, such as merit pay. Skill-based pay programs tend to be found in high employee involvement organizations, where employees work in teams and actively participate in managing organizational processes. Skill-based pay is an innovative reward system that promotes workforce flexibility by rewarding individuals based on the number, type, and depth of skills mastered (Recardo and Pricone 1996). The aim of the skill-based pay is to encourage and reward employees who take the initiative to update their knowledge, skills and abilities. As employees acquire higher level of expertise, the organization must reward them in order to promote an environment of ‘continuous learning’.
Awards and Recognitions
Aside from the financial rewards that are given to employees for their contributions, the company can also use awards and recognitions to motivate and to reward employees. Awards and recognitions make employees feel valued and appreciated. Awards and recognitions must be used as a part of the overall reward system of the Hotel. Awards and recognitions are also tools in motivating employees. Immediate recognition can reinforce the effective behavior of an employee and can provide some immediate outcomes to reward the employees’ inputs and efforts.
Training offers innumerable benefits to both employees and employers. It makes the employee more productive and more useful to an organization. The importance of training can be studied under the following heads:
Benefits to the business:
Trained workers can work more efficiently. They use machines, tools, and materials in a proper way. Wastage is thus eliminated to a large extent.
There will be fewer accidents. Training improves the knowledge of employees regarding the use of machines and equipment. Hence, trained workers need not be put under close supervision, as they know how to handle operations properly.
Trained workers can show superior performance. They can turn out better performance. They can turn out better quality goods by putting the materials, tools and equipment to good use.
Training makes employees more loyal to an organization. They will be less inclined to leave the unit where there are growth opportunities
Benefits to the employees:
Training makes an employee more useful to a firm. Hence, he will find employment more easily.
Training makes employees more efficient and effective. By combining materials, tools and equipment in a right way, they can produce more with minimum effort.
Training enables employees to secure promotions easily. They can realise their career goals comfortably.
Training helps an employee to move from one organization to another easily. He can be more mobile and pursue career goals actively.
Employees can avoid mistakes, accidents on the job. They can handle jobs with confidence. They will be more satisfied on their jobs. Their morale would be high.
Thus, training can contribute to higher production, fewer mistakes, greater job satisfaction and lower labour turnover. Also, it can enable employees to cope with organizational, social and technological change. Effective training is an invaluable investment in the human resources of an organization
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