Topic 8 & 10 Flashcards
What is a learning organization?
A particular type of organizational culture, where culture reflects the values, attitudes, and basic operating assumptions that are widely shared among organizational participants; members recognize the importance of learning at all levels; learning is a continuous process that runs parallel to work; a focus on creativity and innovation, including rewarding individual and group learning and development.
Benefits a learning organization
- Acquiring knowledge 2. Increased transfer of knowledge
Describe indirect compensation
rewards that employers pay for other employee services
What are three examples of indirect compensation?
employee services, benefits, and training, consists of rewards provided by the organization to employees for their membership and/or participation (attendance) in the organization
Direct
Base Salary (d/ i)
Direct
Performance-based pay (d/ i)
Direct
Merit Pay (d/ i)
Direct
Hourly Wages (d/ i)
Direct
Bonuses (d/ i)
Indirect
Benefits (d/ i)
Indirect
Training (d/ i)