Initiative1 - 5. Initiative a. Workers should be encouraged...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
5. Initiative a. Workers should be encouraged to take initiative in the work assigned to them. b. It means eagerness to initiate actions without being asked to do so. c. Fayol advised that management should provide opportunity to its employees to suggest ideas, experiences& new method of work. d. It helps in developing an atmosphere of trust and understanding. e. People then enjoy working in the organization because it adds to their zeal and energy. f. To suggest improvement in formulation & implementation of place. g. They can be encouraged with the help of monetary & non-monetary incentives. 6. Fair Remuneration a. The quantum and method of remuneration to be paid to the workers should be fair, reasonable, satisfactory & rewarding of the efforts. b. As far as possible it should accord satisfaction to both employer and the employees. c. Wages should be determined on the basis of cost of living, work assigned, financial position of the business, wage rate prevailing etc. d.
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.
Ask a homework question - tutors are online