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The Conceptual Framework of the Reward System in a Simulated Enterprise in the Hotel Industry

Author

Listed:
  • Daneci-Patrau Daniel

    (Spiru Haret University, Faculty of Financial Management Accounting Constanta)

  • Neacsu Gabriela

    (Spiru Haret University, Faculty of Financial Management Accounting Constanta)

Abstract

The great interest for an efficient salary related policy rises from the more and more obvious conviction of economists and other specialists in the human resources field, that wage is not only a consequence, but also a premise for an effective social-economic activity. To this end, the practical conclusion imposed at a global level is that the salary related policy, soundly developed and perfectly harmonized with the company’s general policy, is able to stimulate the growth of the economic efficiency more than affect it. The purpose of the present article consists in the review of the strategies and rewarding management policies in a simulated business in the hotel – restaurants field, hereby called ISE.

Suggested Citation

  • Daneci-Patrau Daniel & Neacsu Gabriela, 2014. "The Conceptual Framework of the Reward System in a Simulated Enterprise in the Hotel Industry," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 309-314, May.
    • Handle: RePEc:ovi:oviste:v:xiv:y:2014:i:2:p:309-314
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/ANALE%20vol%2014%20issue_2_2014.pdf
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    More about this item

    Keywords

    reward system; management; simulated enterprise;
    All these keywords.

    JEL classification:

    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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