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Formation of the motivational program in a manufacturing company
Hroudová, Martina ; Legnerová, Kateřina (advisor) ; Stříteský, Marek (referee)
The diploma thesis deals with motivation of employees in a manufacturing company. The main goal of this this thesis is to analyse the needs for employee motivation and based on this analysis to suggest a motivational program that would be suitable for the HEYCO WERK ČR Ltd. company. The aim of the thesis is also to set the system according to the specifics of a manufacturing company. The analysis was performed on the real data of the HEYCO ČR company. This firm has currently a hundred employees so it is possible to approach to the departments needs individually.
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Performance management system and motivation
Petera, Petr ; Fibírová, Jana (advisor) ; Wagner, Jaroslav (referee) ; Havlíček, Karel (referee)
The positive impact of performance measurement and management (in connection with rewards) on motivation of workforce have been questioned in recent years and decades. The conceptual part of the thesis strives to identify whether the above mentioned criticisms of discussed systems is based on their inherent properties (characteristics) or on properties (characteristics) of their specific implementations. Extensive multidisciplinary literature review (especially from the fields of accounting, performance measurement, financial management, microeconomics, labor economics, behavioral economics and psychology) showed that the performance measurement and management systems (including linkages to remuneration) have the potential to positively impact motivation, work effort and performance of workforce. Refusing this potential, which often occurs especially in relation to remuneration, is based on specific applications, and it must be dismissed as simplistic. The literature review also helped identify the factors and characteristics of the discussed systems, which are crucial for their positive motivational effect, as well as properties that are usually undesirable in terms of motivation. Another significant outcome of the conceptually oriented part of the thesis is a model framework enabling detailed analysis of rewarding for performance. The thesis also describes and discusses the results of two empirical surveys, the first of which was focused on the analysis of performance measurement and management system and remuneration system, and the second survey was primarily focused on detailed analysis of the system of remuneration and motivation of workforce. Regarding performance measurement, as positive can be perceived the fact that strategic performance measurement systems of the balanced scorecard type are intensively used, including the search for causal links between measures and efforts to link these systems to the remuneration of workforce. It should be noted however, that the issue of interconnection of balanced scorecard systems with remuneration of workforce is by respondents considered to be one of the biggest problems of balanced scorecard implementation. Therefore is identified an area where further research is needed, particularly in the form of case-study based research. All respondents indicated the use of budgets to fulfill many functions (e.g. tool for financial management in terms of coordination and verification of planned business objectives and early risk detection, tool for setting of targets of the business as a whole, and tool for internal motivation and management) and it is possible to conclude that there is no abandonment of budgets (as sometimes implied by "beyond budgeting"). A surprising finding was little use of new performance measures, especially economic value added (as top financial measures were usually referred EBITDA and EBIT). The results of both surveys showed that respondents seek to implement quality systems of remuneration, but revealed were also some problematic features of these systems. Particularly important is the fact that rewards for long-term performance are relatively little used, which can lead to short-term oriented decision making of managers. This problem is exacerbated by the fact that rewards are usually awarded in the form of money; the use of equity-based rewards (e.g. shares) is very low. Furthermore, insufficient is also utilization of rewards in the form of work-life balance programs and utilization of rewards in the form of appreciation.
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NHL Players Reward Management and Practice
Calta, Ondřej ; Dvořáková, Zuzana (advisor) ; Cetkovský, Pavel (referee)
The thesis investigates the rewarding system of professional ice-hockey players in the National Hockey League. The opening part describes theoretical foundation of collective bargaining and human resources management activities -- reward management and performance appraisal, while it also reviews related bases of sports economics. The empirical chapters describe the framework of reward practices as a result of collective bargaining between representatives of the National Hockey League club owners and the National Hockey League Players'Association and investigate effects of the Salary Cap and related instruments of cooperation between the clubs on the player labour market and certain activities of human resources management of the clubs. The thesis discovers a large impact of collective bargaining on economic system of the NHL, low flexibility of rewarding system as a result of Salary Cap related restrictions, a significant impact of these restrictions on the mobility of players within the market and an increase in importance of the club rewarding system rationalization. The thesis also aims for alternative application of the findings on HRM in organizations of more traditional sectors of economy.
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Analysis and Evaluation of selected Areas of Human Resources Management in a selected Organization
Šífová, Jana ; Stejskalová, Irena (advisor) ; Winkelhofer, Filip (referee)
My diploma thesis titled "Analysis and Evaluation of selected Areas of Human Resources Management in a selected Organization" deals with the issue of managing labour performance of employees from both, theoretical and practical perspectives.The theoretical part focuses on the issue of managing human resources in the organisation. The attention is especially paid to managing labour performance, evaluation, rewarding, educating and development of employees.Practical application of theoretical findings was utilized in the Tooltechnic Systems CZ s.r.o. and TTS Slovakia s.r.o. companies. To collect data, a method of internal document analyses, semi-structured interview and questionnaires were used.The emphasis was given to comparing opinions of managers gathered from semi-structured interviews with opinions of their subordinates gathered from questioning. The conclusion presents contemporary system of managing labour performance in selected company and further presents solutions for improvement.
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Teamwork and team production
BARTUŠKA, Miroslav
The aim of this work is the analysis of team work and team production in human resources management in a selected organization, design changes and recommendations to improve the management of this area. Because of the thesis company, named DREVYS PRO s.r.o. was analyzed, company is engaged in wood processing industry, production of furniture parts and contract manufacturing of wood. The theoretical part describes the issue of work group, team, production teams and conflicts in the team as well. One part of it is also rewarding workers in the team. Well motivated worker is happy at work and doing his job well. In the practical part of the thesis is the analysis of the company, company's history, organizational structure, production in the company and rewarding employees. Among the proposals for amendments and recommendations for the company include a new composition of work teams, their name, determinate leader, correct description of the objectives of the work.
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Salery and Employee Problems Formulation and Evaluation
DRNKOVÁ, Martina
The aim of this bachelor's degree dissertation was to conduct an investigation into wage processing. The theoretical part of the study clarifies the notion of wage, describes its individual functions as well as the way it is determined, calculated and accounted. This section deals also with labour law, public health insurance, social security and physical persons{\crq} income tax of dependent activities. As this is a truly vast area impossible to cover in a single study in its entirety, this dissertation concentrates on the system of rewarding and the individual instruments that this system uses. The work focuses in particular on employees' benefits in relation to amendments made to the legal regulation of income tax, which took effect as of 1st January 2007, mainly due to the labour code, which contains amendments to income tax law. At first glance, these appear to be very mild, butin fact they are very substantial. This amendment resulted in the expansion of the room available for providing employees' benefits at the cost of the employer's tax related expenses. The practical part of the study deals with one particular company. Each of the subsidiaries of the company creates its own rules for rewarding its employees; the parent company only sets rules for rewarding members of top management. For the purpose of comprehensibility, the study presents a detailed structure of the rewardi system including the individual instruments adopted by one of its subsidiaries as well as the system used for rewarding the top management. The company rewards its employees on the basis of employees' benefits although no self-contained system has been put in place so far.. The following section of the practical part of the dissertation contains a proposal for an improvement of the reward system by means of creating a self-contained system of providing employees' benefits. The practical part of the dissertation then returns to the above mentioned amendment to income tax law, since the presentation of the selected types of benefits that are to be included in the rewards system also includes an explanation of how this impact upon public health insurance, social security and income tax, both from the employee's and employer's perspective. The concluding part comprises an evaluation of the rewards system adopted by this company and highlights the advantage of rewarding employees by means of benefits in relation not only to the employees' motivation and satisfaction, but also to tax optimization.
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Processing and Evaluation of Employees' Wages
HOVORKOVÁ, Lucie
The practical part of my bachelor{\crq}s degree dissertation I applied to the company KIII, spol. s r. o. I concentrated on an employee appraisal in the context of how to fairly reword employees. In this part I suggest a special form for this company. This form will create the basis for fairly dividing the benefits. I think, the company should think about increasing the limits of those bonuses. This will motivate an employee, which will make a great effect on their work. I believe that this suggestion will bring only positive results because it{\crq}s well formalized, fair and transparent.
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Human resources in the selected company and its employees perception.
VOCHOZKA, Matyáš
The objective of my bachelor thesis was to analyze the level of personnel work and remuneration of the employees of the company and to suggest possible changes to improvement, because rewarding of the employees is a very important factor for management of a company. The theoretical part of the thesis deals with basic facts about personnel work and related terms. For practical part of the bachelor thesis I chose Doppler CZ s.r.o., a production company, where I made a questionnaire research in which 28 respondents were engaged. In order to obtain a sample of respondent random selection was used. The purpose of research was to detect the opinion of the employees to target problems and to confirm or reject the given operational hypothesis. At the end of thesis I suggested few changes which should lead to improve rewarding system of the employees because of the fact that the staff is not satisfied with current level.
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Utilization of accounts information for financial planning and rewarding of management in the company
Křen, Radek ; Procházka, David (advisor) ; Bačák, Jaroslav (referee)
This diploma thesis deals with financial planning and the employee reward system. The main goal of the thesis is to create a practical guide, with help of which the company XYZ would be able to annually prepare a planned the profit and loss statement, balance and cash flow overview. Furthermore, its goal is to predict the financial situation and efficiency of the company for the year 2010. The thesis also discusses the possibilities of suitable motivation and reward system for chief executives. The findings from this thesis should be utilizable not only for the management of the company XYZ, but also for other businesses. The thesis is divided into two parts -- theoretical and practical. Practical part uses the information included in the theoretical part for application to the concrete company.
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