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Modification of Incentive Scheme for a Batch Type Production Firm Thomas Riju1, Augustine Biju P2 1M. Tech Scholar, Govt. Engineering College, RIT, Kerala 2Associate Professor, Govt. Engineering College, RIT, Kerala Online published on 22 June, 2018. Abstract Everyone works for sustainability in this world. There are certain criteria's which the industries need to look after for their sustainability, one of which is incentive scheme. If a proper incentive scheme is not followed in a firm, it will lead to financial problems and attribute attrition of employees. This paper discusses the implementation aspects of a new incentive scheme which help solve the problem of a mattress manufacturing firm from making use of a faulty scheme at present. The comparisons and the benefits of the new incentive scheme are also mentioned. Top Keywords Financial problems, Industry, Incentive, Sustainability. Top | |
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