The phrase "a remuneration system" is correct and usable in written English.
It can be used when discussing the method or structure by which employees or workers are compensated for their work.
Example: "The company is implementing a new remuneration system to ensure fair pay for all employees."
Alternatives: "a compensation structure" or "a payment system".
A remuneration system greatly influences the quality of nursing care and services.
Corporate values, on the other hand, favor different characteristics, such as hierarchical organization structures, formalization, and a remuneration system based on individual performance characteristics.
When Alvarez took over as CEO in 1997 at Greenberg and Traurig, he emphasized autonomy of individual professionals combined with a strong focus on profitability and growth aided by a remuneration system and entrepreneurial culture that reinforced this imperative.
More prevalent corporate values in a PSF increases the adoption of centralized and formalized structures as well as a remuneration system that will resemble a scorecard system (Alt 2006; Cooper et al. 1996).
In 2008, lump-sum funding for medical specialists was replaced with a remuneration system based on work load and a fixed hourly rate.
Under Payment by Results, a remuneration system for English NHS hospitals, which was introduced in 2004, hospitals are paid according to a formula determined by the surgical procedure carried out and the complexity of the diagnoses.
But the government has said it will accelerate a planned increase of around 15% and introduce a new remuneration system, which would substantially raise salaries but also increase the number of lessons a teacher gives a week to 24 from the current 18.
"Rather than moving from the 'disrupter' to the 'destroyer', the real challenge for Google should be to use its muscle to develop a disruptive remuneration system which recognises that 80% of all new releases, which are so important in YouTube's offer, are generated by independents," Helen Smith, executive chairman of Impala said.
Traditional professional values foster collegial structures (Greenwood and Empson 2003; Lorsch and Tierney 2002) and a lockstep remuneration system.
UBS set out a new remuneration system for its top managers that could see them forced to repay part of their bonuses if they under-perform in 2008.
A scorecard remuneration system that relies on detailed measures of individual behavior should more likely be implemented in such PSFs than in firms that deliver highly customized services, in which a lockstep system may be the only feasible remuneration system if service provision requires strong team production (also see Alchian and Demsetz 1972).
