Performance & Reward system- Case study Ericsson company

Performance & Reward system- Ericsson company - Case Study Example r hand, reward management is concerned with identifying the motivating aspects of employees which leads to the classification of the amount of pay, compensation and other incentives (Chiang and Birtch 2005). The purpose of the literature review is to help in understanding performance management. The paper presents a case study of past experience attained from the Ericsson Company, Saudi Arabia Branch. The paper is a critique of the performance and reward system in the organization, which highlights the strengths and weaknesses of performance and reward system in the company. It also offers brief information about the company and its branch in the Kingdom of Saudi Arabia, the positive and negative aspects of the company’s performance and reward system, their positive and negative impacts on employee satisfaction, and finally an analysis of the effectiveness of system as well as recommendations regarding how the organization’s performance and reward system can be changed in order for it to allow the accomplishment of organizational goals. However, the report has a limitation in the sense that the experience in this company was acquired 2 years ago, and its performance and reward system might have changed with time. The paper was prepared from information obtained through observations while working in the company, and interactions with employees, as well as the company magazine as well as journals on performance and reward management. Ericsson is a Swedish multinational company that operates through foreign subsidiaries globally. It offers communication systems and services, which include a variety of technologies such as mobile networks and equipments. It also provides fixed network services world wide. These are mainly provided through foreign subsidiaries. Its subsidiary in Saudi Arabia was established in 1980. It operates in through three branches of the Saudi Ericsson, with 360 employees who are professionals in communication technology and other fields of

Philosophy essay Example | Topics and Well Written Essays - 1000 words

Philosophy - Essay Example For instance, in the case of drug possession, long prison sentences are justified by deterrence theory to the extent that such sentences actually do prevent people from using drugs who otherwise would not use those drugs. That last part is important because deterrence is undermined unless it prevents what would happen if the deterrence was not implemented. Deterrence is, by definition, the removal of a cause to prevent an effect. So, considering these long prison sentences for drug possession, it is certainly possible some people are deterred simply because of the potential cost of being caught with illegal substances. In most cases, however, when someone refuses to take illegal drugs, it is not because they were deterred by drug laws and long prison sentences. Rather, it is because of other reasons not related to being caught. Being caught is not necessarily a big concern for most users of illegal drugs anyway. Therefore, it seems it is once again up to the utilitarian to decide whe ther US drug laws and long prison sentences are justified by their effects (the results of strict controls on drugs) in reality. 2. John Rawls’ so-called end-state (or distributive justice) theory of justice stands in contrast to Robert Nozick’s entitlement (or process) theory of justice. The former proposes that all persons in the â€Å"original position† (the state of nature) should agree that all social primary goods, like opportunity and income, are to be distributed equally unless an unequal distribution of any or all these goods is to the advantage of the least favored. For Rawls and the end-state theory, justice is â€Å"fairness†, especially when the proposed redistribution would improve social inequality. Nozick’s entitlement theory proposes that a distribution is just if it comes about by ethical acquisition from the state of nature or through fair allocation.