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Author : Cary Ford
Publisher :
ISBN 13 :
Total Pages : 53 pages
Book Rating : 4.:/5 (881 download)
Download or read book Study of the Effects of Incentive Compensation Plans on Employee Morale and Performance written by Cary Ford and published by . This book was released on 2000 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Rajiv D. Banker
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (129 download)
Download or read book A Field Study of the Impact of a Performance-Based Incentive Plan written by Rajiv D. Banker and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Much management accounting research focuses on design of incentive compensation contracts. A basic assumption in these contracts is that performance-based incentives improve employee performance. This paper reports on a field test of the multi-period incentive effects of a performance-based compensation plan on the sales of a retail establishment. Analysis of panel data for 34 retail outlets over 66 months indicates a sales increase when the plan is implemented an effect that persists over time. Sales gains however are significantly lower in the peak selling season when more temporary workers are employed.
Author : Thomas J. McCoy
Publisher : Createspace Independent Pub
ISBN 13 : 9781479360338
Total Pages : 272 pages
Book Rating : 4.3/5 (63 download)
Download or read book Compensation and Motivation written by Thomas J. McCoy and published by Createspace Independent Pub. This book was released on 2012-09-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Compensation and Motivation" is the first book in the Culture of Partnership series. With a strong foundation in social science and behavioral psychology, this book will show you how to develop incentive plans that work! Turn the cost of compensation into an investment that will increase revenue and profit, enhance the value of the organization and motivate all employees to deliver the business strategy. Compensation and Motivation describes how to develop the right reward system that will engage and motivate the target audience. Employees come to work for the rewards, either material (money), social (recognition and appreciation) or both. Mr. McCoy shows how to combine behavioral psychology and business strategy to create a reward system that offers fulfillment to the employees if they deliver on the company goals. This book goes beyond just showing how to link pay to performance. It shows how to balance the array of rewards that a company can offer (cash, benefits, meaningful work, social recognition and appreciation) so that the maximum motivation is obtained with the least overall cost. It's called "the mix that motivates." Since this book was initially published, over 65 percent of all businesses now offer some form of incentive to all employees. However, many of those efforts are ineffective in achieving the organization's goals. This book shows how to engage all employees in the business, motivate them to perform at exceptional levels, create a common focus and a feeling of shared destiny (teamwork.) Learn how to become an employer of choice. Learn how to engage employees so that the operation "runs itself." Learn how to use compensation as the engine that drives a Culture of Partnership.
Author : Marjaana Gunkel
Publisher : Springer Science & Business Media
ISBN 13 : 3835092146
Total Pages : 201 pages
Book Rating : 4.8/5 (35 download)
Download or read book Country-Compatible Incentive Design written by Marjaana Gunkel and published by Springer Science & Business Media. This book was released on 2007-12-10 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on an empirical study among employees of a multinational corporation (MNC) in Germany and the USA, Marjaana Gunkel shows that the employees in these countries have different preferences regarding incentives and that incentive plans designed for one country are not always effective in others. In addition, the author presents an explorative study of employee groups in China and Japan and gives advice for designing appropriate compensation schemes for employees of MNC in different countries.
Author : Steffen Hetzel
Publisher : GRIN Verlag
ISBN 13 : 3640976908
Total Pages : 85 pages
Book Rating : 4.6/5 (49 download)
Download or read book The Impact of Financial Incentives on Individual Performance: An Experimental Approach written by Steffen Hetzel and published by GRIN Verlag. This book was released on 2011-08-04 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: Diploma Thesis from the year 2010 in the subject Economics - Job market economics, grade: 1,3, University of Mannheim, language: English, abstract: The thesis on hand is dealing with the impact of financial incentives on individual performance. For this, the perception of an experimental approach has been chosen. The target of the thesis is the development of the blueprint of an experiment to provide further research input on the effectiveness of financial incentives. To do so, the theoretical background for studying this problem is introduced by investigating the psychological and economical approaches to analyze the topic. Additionally, empirical and experimental studies dealing with this issue are presented. Based on those findings, the structure of an experiment to be carried out at university with students is developed and objectives, design and supplementary requirements for conducting this are discussed. Subsequent, suggestions for the analysis, reporting and possibly occurring challenges throughout the process of implementation are illustrated. The design of the experiment is giving a verification of before detected findings of a non-linear correlation between incentives and performance. In contrary to standard economic models, the relation is not predicted to be monotonic, but S-shaped. For this perspective, not only performance on varying incentive levels is analyzed, but also performance if payments are absent. Furthermore, the influence of publishing the course of incentive levels in the beginning of the experiment, in comparison to a task-to-task announcement is investigated. An evaluation of this relation is undertaken by studying the impact of financial incentives on performance of three observation groups through two different exercises with varying incentive levels during a real-effort experiment.
Author : Marjaana Gunkel
Publisher : Deutscher Universitätsverlag
ISBN 13 : 9783835003651
Total Pages : 189 pages
Book Rating : 4.0/5 (36 download)
Download or read book Country-Compatible Incentive Design written by Marjaana Gunkel and published by Deutscher Universitätsverlag. This book was released on 2006-07-26 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on an empirical study among employees of a multinational corporation (MNC) in Germany and the USA, Marjaana Gunkel shows that the employees in these countries have different preferences regarding incentives and that incentive plans designed for one country are not always effective in others. In addition, the author presents an explorative study of employee groups in China and Japan and gives advice for designing appropriate compensation schemes for employees of MNC in different countries.
Author : Thomas Arthur Mahoney
Publisher : McGraw-Hill/Irwin
ISBN 13 :
Total Pages : 408 pages
Book Rating : 4.4/5 (91 download)
Download or read book Compensation and Reward Perspectives written by Thomas Arthur Mahoney and published by McGraw-Hill/Irwin. This book was released on 1979 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Cynthia H. Ferentinos
Publisher :
ISBN 13 : 9781422305881
Total Pages : 51 pages
Book Rating : 4.3/5 (58 download)
Download or read book Designing an Effective Pay for Performance Compensation System written by Cynthia H. Ferentinos and published by . This book was released on 2006-07 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal Government agencies are moving to better align pay with performance & create organizational cultures that emphasize performance rather than tenure. However, agencies must invest time, money, & effort in the design of their pay for performance compensation systems in order to succeed. To help agencies understand the critical prerequisites to success & key decision points, a review was conducted of professional & academic writings on the topic of pay for performance. This user-friendly guide summarizes the research findings. Contents: a summary of pay for performance; benefits & risks associated with pay for performance; pay for performance decision points; conclusions & recommendations; & bibliography. Illustrations.
Author : Donna J. Kilpatrick
Publisher :
ISBN 13 :
Total Pages : 282 pages
Book Rating : 4.:/5 (396 download)
Download or read book A Test of the Effects of Incentive Compensation Plans, Uncertainty, and Perceptions of Fairness on Performance, Pay Satisfaction, and Evaluations of Incentive Plans written by Donna J. Kilpatrick and published by . This book was released on 1997 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Getaneh Abebaw
Publisher : GRIN Verlag
ISBN 13 : 334656164X
Total Pages : 73 pages
Book Rating : 4.3/5 (465 download)
Download or read book Effects of rewards on employee motivation written by Getaneh Abebaw and published by GRIN Verlag. This book was released on 2021-12-23 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2020 in the subject Leadership and Human Resource Management - Employee Motivation, , language: English, abstract: The general objective of this study is to assess the effect of reward on employee motivation in Kirkos sub city administration, Addis Ababa. The study aims at assessment of the effect of reward on employee motivation in selected Kirkos sub city administration. Descriptive and inferential analysis was used to describe the effect of intrinsic and extrinsic rewards on employee motivation. Out of a total target population of four hundred fortify one administrative employee; two hundred ten samples were taken in probability sampling more specifically, stratified sampling, technique from the Kirkos sub city administration chief executive pool. Questionnaire was developed and distributed to the administrative employees. The finding of the study indicated that administrative employees of the administration have moderate satisfaction with the total reward practices. However; employees are motivated better by intrinsic rewards than extrinsic rewards. When each extrinsic reward items were computed, employees showed dissatisfaction from bonuses, similarly, when variables of each intrinsic reward were examined employees have moderate satisfaction the relationship of manager.
Author : Carla S. O'Dell
Publisher :
ISBN 13 :
Total Pages : 118 pages
Book Rating : 4.0/5 ( download)
Download or read book People, Performance, and Pay written by Carla S. O'Dell and published by . This book was released on 1987 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Daniel B. Sundberg
Publisher :
ISBN 13 :
Total Pages : 147 pages
Book Rating : 4.:/5 (913 download)
Download or read book The Effects of Incentive Pay Systems with Tiered Goals on Performance written by Daniel B. Sundberg and published by . This book was released on 2015 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examined the relative effects of three incentive pay systems, piece-rate pay, threshold piece-rate pay, and bonus pay, on performance when individuals were given the same five-tiered performance goals. A fourth system, wage pay, served as a control. The task was a computerized simulation of a medical data entry job and the primary dependent variable was the number of correctly completed patient records. Sixty-six college students were randomly assigned to one of the four pay conditions, and attended one 60-minute covariate session and five 60-minute experimental sessions. Participants in the wage pay condition earned $6.50 per session; those in the three incentive pay conditions earned a base rate of $4.50 per session, and were able to earn up to $3.00 in incentive pay. An analysis of covariance showed no significant differences in performance among any of the four pay groups, or across time. Such findings indicate that organizations may be able to produce gains in performance similar to those found with incentive pay, through the use of tiered goals and feedback. These findings contradict past data that show that performance contingent monetary incentives produce gains in performance above what is seen with wage pay alone. The findings also support a limited body of research that suggests the effects of incentive pay systems may be strongly influenced by performance goals. Analysis of additional variables, further implications, and future directions for research are discussed in detail.
Author : Eileen Appelbaum
Publisher : Cornell University Press
ISBN 13 : 9780801486555
Total Pages : 280 pages
Book Rating : 4.4/5 (865 download)
Download or read book Manufacturing Advantage written by Eileen Appelbaum and published by Cornell University Press. This book was released on 2000 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much of the hoopla surrounding quality circles, teams, and high-performance work systems has been based on anecdotes and very thin evidence. It has not been established that those employee involvement strategies amount to anything more than another series of management fads or ruses designed to get more out of workers without giving them anything in return. This revelatory book, written by some of the skeptics, lays some of the suspicion to rest. Based on their visits to 44 plants and surveys of more than 4,000 employees, Eileen Appelbaum, Thomas Bailey, Peter Berg, and Arne L. Kalleberg concluded that companies are indeed more successful when managers share knowledge and power with workers and when workers assume increased responsibility and discretion. The study of steel, apparel, and medical electronics and imaging plants revealed much. In self-directed teams, workers were able to eliminate bottlenecks and coordinate the work process. In task forces created to improve quality, they communicated with individuals outside their own work groups and were able to solve problems. Expensive equipment in steel mills operated with fewer interruptions, turnaround and labor costs were cut in apparel factories, and costly inventories of components and medical equipment were reduced. And what did the employees think? The worker survey showed that jobs in participatory work systems often provide more challenging tasks and more opportunities for creativity. Employees in apparel had higher hourly earnings; those in steel had both higher hourly earnings and higher job satisfaction. Workers in more participatory settings were no more likely than others to report heavy workloads or excessive demands on their time. They were, however, less likely to report involuntary overtime or conflict with co-workers, and were more likely to be satisfied with their surroundings. Manufacturing Advantage provides the best assessment available of the effectiveness of high-performance work systems. Freestanding chapters near the end of the book provide full documentation of research data without interrupting the narrative flow.
Author : Charles A. Peck
Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.3/5 (512 download)
Download or read book Executive Annual Incentive Plans written by Charles A. Peck and published by . This book was released on 1996 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Abdifatah Musse
Publisher : GRIN Verlag
ISBN 13 : 3656340978
Total Pages : 75 pages
Book Rating : 4.6/5 (563 download)
Download or read book The Influence of Rewards and Satisfactions on Employees' Performance in Organization written by Abdifatah Musse and published by GRIN Verlag. This book was released on 2012-12-27 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2012 in the subject Leadership and Human Resource Management - Miscellaneous, grade: A, Kolej Universiti Insaniah (Insaniah University College ), course: Business Administration , language: English, abstract: While performing their duties in an organization, employees’ performance can be viewed through the provision of rewards, benefits, pay levels, and pay for their administration. This study was based on a conceptual method which is focusing on relation to the satisfaction of reward and employee’s performance; it has 4 items, which are pay level, Salary administration, raise, and benefits satisfaction. Furthermore, benefit satisfaction has roughly three main items, namely training, health, and rights. It is because; this research’s title is aimed to determine the Relationship between reward satisfaction and work performance. Moreover, the objective of this study is that to examine the influence between pay level and work performance, and to examine the influence between benefits and work performance, also to examine the relationship between raise satisfaction and work performance and to examine the influence between salary administrative and work performance. This study was conducted in a conceptual method. As we have intended to study the influence of rewards and satisfaction on employee’s performance in an organization, information that we have used were gathered from distinct areas such as textbooks, scholarly writing, research materials, journals, related articles, and the Internet sources were resourceful in the process of gathering the information, however, our point of view on those sources was also interpreted in a concept that we have aware to be relevant and potentially directed to this topic. As a result, this study shows that the whole variables were significantly contributed with the dependent variable, meanwhile, pay level satisfaction has substantively related to work performance, whereas raise satisfaction has also influenced work performance. Salary administration satisfaction is also a positive relation to employees’ work performance. However, the most significant variable was benefit satisfaction which is extremely contributed to work performance.
Author : WorldatWork
Publisher : John Wiley & Sons
ISBN 13 : 1119682444
Total Pages : 421 pages
Book Rating : 4.1/5 (196 download)
Download or read book The WorldatWork Handbook of Total Rewards written by WorldatWork and published by John Wiley & Sons. This book was released on 2021-02-24 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt: Equip yourself to manage, motivate, compensate, and reward everyone in this workplace revolution The future of work is here. From the shift to Millennials and Gen Z in the workforce to the advent of the Fourth Industrial Revolution and the Gig Economy, the world of work and rewards has significantly changed since the initial WorldatWork Handbook was published. Human resources and total rewards professionals need tools to equip them to manage a changing workforce. This completely revised second edition addresses the challenging and disruptive issues facing employers today and tomorrow. The WorldatWork Handbook of Total Rewards is the definitive authority on compensation and rewards from the leading global nonprofit organizations for professionals who are engaged in the critically important practice of total rewards. This book is a go-to resource for all business professionals and leaders who reward and create productive, committed and inspired workforces worldwide. Readers will learn the basics of rewards, along with a deep dive and high-level view of how rewards programs enable organizations to deliver on their brand promises and perform at their optimal level. Gain a thorough understanding of compensation and benefits, along with employee well-being, development, and recognition, all updated to address the realities of today’s workplace. Understand why the Millennial and Gen Z workforce requires a different value proposition, and how to meet their needs. Discover the tools and techniques you need to help you reskill and become a highly valued workforce contributor and leader in the digital era. Learn how to attract, retain, and engage talent by building a healthy workplace culture and employing unique incentives that drive high performance and loyalty. Technical enough for specialists but broad in scope for managers and HR generalists, this well-rounded resource belongs on the desk of anyone interested in organizational effectiveness. An indispensable tool for understanding and implementing the total rewards concept, The WorldatWork Handbook of Total Rewards, Second Edition is the key to designing programs and practices that ensure employee engagement and organizational success.
Author : Michael D. Wilmot
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (21 download)
Download or read book The Impact of a Merit Incentive Compensation Plan on Administrative Performance written by Michael D. Wilmot and published by . This book was released on 1988 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
