It refers to performance-linked compensation paid to improve the motivation and productivity of employees. It implies monetary inducement offered to employees to perform beyond accepted standards. It includes all the plans that provide extra pay for extra performance in addition …
Received cheque as full payment from Rajani Enterprises and deposited same day into the bank Analysis of transaction : Increase assets (Bank) on the one hand and decreases assets (Rajani Enterprises as debtors) on the other hand. Increase in assets …
Paid the monthly store rent ₹2,500 in cash Analysis of transaction : decreases capital thus, are recorded as debits. Credit cash to record a decrease in assets.
Goods costing ₹25,000 sold to Rajani Enterprises for ₹35,000. Analysis of transaction: This transaction increases sales (Revenue) and increases assets (Rajani Enterprises as debtors). Increases in assets are debited and increases in revenue are credited. JournalCredit to Sales account and …
Research shows there is no direct and consistent relationship between morale and productivity. Herzberg found that in 54% of the studies, high morale was related to high productivity while, In 11% of cases, high morale was associated with low productivity. …
This is the theoretical approach to job satisfaction. Reference group defines the way an individual looks at the world. According to the theory, Job Satisfaction occurs when the job meets the interest, desires, and requirements of a person’s reference group. …
It is the theoretical approach to job satisfaction. This is the combination of Equity and Discrepancy Theories. ©CommerceAchiever From Equity Theory, the concept of comparison has been selected to serve as an intervening variable.  Under this theory, satisfaction is defined …
It is the theoretical approach to job satisfaction. According to the theory Job Satisfaction depends upon what a person actually receives from his job and what he expects to receive. When the rewards actually received are less than the expected …
