The Financial Impact of Efficient Human Resource Management

Successful businesses excel in the management and leveraging of their human resource assets, although the positive financial impact associated with these management practices are often underrated.   Investissement_RH

The efficient management of human resources is essential in today’s competitive environment. Businesses must develop and implement innovative and effective human resource management policies and practices to attract and retain the best and brightest employees and raise their level of performance.

Economic value is often limited to balance sheets and assets.

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Fixed Wage or Commission: Where Do You Draw the Line?

Financial compensation is an important motivating factor for automotive industry salespeople, as it has a direct influence on their performance. So, where should the line be drawn between fixed and commission-based wages?Commissions

Several variables need to be weighed before finding the right formula. Studying the various formulas used by competitors in the local market is a good starting point. The next step consists of finding the right balance between a reasonable base salary and commission structure that will motivate salespeople to reach, and even surpass their sales objectives. Continue reading “Fixed Wage or Commission: Where Do You Draw the Line?”