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Employee Reward Systems in Organizations

100%

Došenović D.

ECONOMICS

2016

vol. 4

issue 1

107-118

Employee rewarding is one of the activities of human resource management concerning the management of money, goods and services that employees receive from their employer in exchange for their work. Given that a properly designed reward system is one of the conditions for a stable business, successful performance of work activities and the achievement of set objectives in each organization, the basic theme of this paper is the employee reward system, with a special focus on different elements of it. The purpose of this paper is to describe the role and significance of the observed system and to draw attention to its role in employee’s motivation. Based on the given analysis many conclusions have been drawn. It has been proved that a properly designed employee reward system has many advantages for the organization, which emphasizes its importance.

Menadžment i Liderstvo / Management and Leadership

51%

Lukić Z., Mustafić A., Došenović D.

ECONOMICS

2015

vol. 3

issue 1

67-78

Osnovna tema ovog rada jeste proces menadžmenta u preduzećima, sa posebnim fokusom na liderstvo, kao jednu od osnovnih funkcija, odnosno aktivnosti menadžera. Da bi se u organizaciji ostvarili postavljeni rezultati, neophodno je postojanje određenog broja ljudi koji će uspješno voditi preduzeće i ljude u njemu, a, samim tim, omogućiti i efikasno poslovanje. Upravo iz tog razloga svrha ovog rada jeste da opiše proces menadžmenta i liderstvo, kao i da ukaže na njihov značaj za postizanje pozitivnih rezultata poslovanja. S obzirom na značaj i ulogu koju menadžeri i lideri imaju za funkcionisanje svake organizacije, u ovom radu izložiće se njihove sličnosti i razlike, odnosno sličnosti i razlike između procesa koje oni obavljaju u različitim organizacijama. Na osnovu izvršene analize i provedenog istraživanja, u radu se došlo do brojnih zaključaka na osnovu kojih je dokazano da postoje značajne razlike između menadžmenta i liderstva. Da bi menadžer bio uspješan u obavljanju svojih poslova najčešće je potrebno da on bude i lider, čime se apostrofira značaj liderstva kao menadžerske aktivnosti za uspješno poslovanje i ostvarivanje ciljeva svake organizacije.

The topic of the paper is the management process in enterprises, particularly focused on leadership as one of the basic managerial functions or activities. In order to achieve the preset objectives, it is necessary to appoint a number of people who would successfully lead the company and its employees, and, consequently, facilitate its efficient operation. For that reason, the purpose of the paper is to describe the processes of management and leadership, as well as to emphasize their importance in achieving positive business results. Given the importance and the role that managers and leaders have in the functioning of any organization, the paper shall present their similarities and differences, i.e. similarities and differences between the processes they perform in various organizations. Based on the assessment and the analysis conducted, the paper provided numerous conclusions on the basis of which it has been proved that there are significant differences between management and leadership. In order for a manager to be successful in performing his tasks, it is most frequently required of him to be the leader at the same time, thus emphasizing the importance of leadership as a management activity required for the successful operation and achievement of the objectives of any organization.

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2 ECONOMICS

2 Došenović D.

1 Lukić Z.

1 Mustafić A.

1 2016

1 2015

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Employee Reward Systems in Organizations

Menadžment i Liderstvo / Management and Leadership