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The Use Of Incentive Schemes As A Method To Improve Employee Performance
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Book Synopsis The Use of Incentive Schemes as a Method to Improve Employee Performance by : Ekaterini Apostolidi
Download or read book The Use of Incentive Schemes as a Method to Improve Employee Performance written by Ekaterini Apostolidi and published by . This book was released on 1999 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis How to Run Successful Employee Incentive Schemes by : John G Fisher
Download or read book How to Run Successful Employee Incentive Schemes written by John G Fisher and published by Kogan Page Publishers. This book was released on 2008-09-03 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to Run Successful Employee Incentive Schemes provides practical advice for anyone who is responsible for constructing effective motivation programmes or incentive schemes for staff, salespeople or distributors. This revised third edition, which is now endorsed by the Institute of Sales Promotion, includes up-to-date and relevant information for all those looking to motivate staff in order to maximize profit potential. Using relevant international case studies, the book contains updated information in keeping with the latest developments on the Internet and new software advances. It covers all aspects of performance improvement in a comprehensive and accessible way, including: constructing programmes, flexible benefits, incentive travel, events and recognition systems.
Book Synopsis Compensation and Motivation by : Thomas J. McCoy
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.
Book Synopsis Company management. How can employee motivation be increased through incentive systems? by : Nadine Schmidt
Download or read book Company management. How can employee motivation be increased through incentive systems? written by Nadine Schmidt and published by GRIN Verlag. This book was released on 2022-02-17 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Diploma Thesis from the year 2017 in the subject Leadership and Human Resource Management - Employee Motivation, grade: 1,3, , language: English, abstract: The motivation of employees is an important task of today's corporate management. In order for managers to do justice to their tasks and encourage employees to perform at their best, they must know how to influence the attitude and motivation of their employees in a positive and performance-enhancing way. Since each employee pursues different goals and the company's goals must not be neglected, managers must develop a flexible incentive system in order to reconcile the goals of the employees and the company's management. But how exactly does an incentive system have to be designed in order to be able to motivate employees? In this book, the author takes a critical look at increasing employee motivation using incentive systems. To this end, he compares basic motivation theories by Maslow, Herzberg and Vroom, among others, and illustrates the benefits for today's personnel policy. The author also shows how incentive systems work. In doing so, he makes it clear where the possibilities and limits of monetary and non-monetary incentives lie in relation to the willingness to perform of a company's employees. From the content: - Motivation theory; - Attraction; - Extrinsic motivation; - Intrinsic motivation; - Monetary incentive schemes; - Non-monetary incentive systems
Book Synopsis Productivity Gainsharing by : Brian E. Graham-Moore
Download or read book Productivity Gainsharing written by Brian E. Graham-Moore and published by Prentice Hall. This book was released on 1983 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Design Elements and Requirements of Incentive Systems in Organizations by : Manuel Jacoby
Download or read book Design Elements and Requirements of Incentive Systems in Organizations written by Manuel Jacoby and published by GRIN Verlag. This book was released on 2021-02-09 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: Academic Paper from the year 2018 in the subject Leadership and Human Resources - Employee Motivation, grade: 1,3, International University of Applied Sciences, language: English, abstract: If you look for any specific definitions, you will find a huge variation considering the term incentive systems. Weber paraphrases incentive systems as having the aim to encourage employees positively through their performance, with benefits for the organization to reach its stated goals and objectives. In turn, Bartscher identifies incentive systems as the sum of all created working conditions, directly or indirectly to impact the motivation and thus work performance of employees, evoking a certain desired behavior. Coherently, incentive systems aim to control behavior of employees. But they do not only support a certain behavior, such systems additionally are designed to avoid unwanted behavior. Think of any internal regulations which intent to avoid behavior patterns by providing rules and/or punishments. Furthermore, as an example, a low performance might result in a curtailed income and loss of personal reputation.
Book Synopsis The Influence of Financial Incentive Programs on Employee Performance and Organizational Productivity Within the Mass Transit Industry by : K. Dow Scott
Download or read book The Influence of Financial Incentive Programs on Employee Performance and Organizational Productivity Within the Mass Transit Industry written by K. Dow Scott and published by . This book was released on 1984 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial incentive programs in the public and private sectors; applications to transit by category: unit pay, suggestion plan, labor cost savings, and individual bonus.
Book Synopsis Strategic Reward and Recognition by : John G Fisher
Download or read book Strategic Reward and Recognition written by John G Fisher and published by Kogan Page Publishers. This book was released on 2015-06-03 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Non-monetary incentives and recognition programmes are an area of employee motivation that is often overlooked. Yet, as Fisher's book reveals, a strategic focus on non-cash rewards can generate significant return on investment in terms of employee engagement, performance improvement and financial results. In the present economic context, with companies pushing to deliver more for less, it is a particularly pertinent issue. Strategic Reward and Recognition brings together theory and practice to guide HR professionals, consultants and senior leaders in developing the most effective programmes for their organizations. It features examples of good practice from all over the world, from different sectors and from both large and small organizations, providing coverage of digital as well as in-person schemes.
Book Synopsis One More Time by : Frederick Herzberg
Download or read book One More Time written by Frederick Herzberg and published by Harvard Business Review Press. This book was released on 2008-07-14 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Imagine overseeing a workforce so motivated that employees relish more hours of work, shoulder more responsibility themselves; and favor challenging jobs over paychecks or bonuses. In One More Time: How Do You Motivate Employees? Frederick Herzberg shows managers how to shift from relying on extrinsic incentives to activating the real drivers of high performance: interesting, challenging work and the opportunity to continually achieve and grow into greater responsibility. The results? An ultramotivated workforce. Since 1922, Harvard Business Review has been a leading source of breakthrough management ideas-many of which still speak to and influence us today. The Harvard Business Review Classics series now offers readers the opportunity to make these seminal pieces a part of your permanent management library. Each highly readable volume contains a groundbreaking idea that continues to shape best practices and inspire countless managers around the world-and will have a direct impact on you today and for years to come.
Book Synopsis Incentives and Test-Based Accountability in Education by : National Research Council
Download or read book Incentives and Test-Based Accountability in Education written by National Research Council and published by National Academies Press. This book was released on 2011-10-18 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years there have been increasing efforts to use accountability systems based on large-scale tests of students as a mechanism for improving student achievement. The federal No Child Left Behind Act (NCLB) is a prominent example of such an effort, but it is only the continuation of a steady trend toward greater test-based accountability in education that has been going on for decades. Over time, such accountability systems included ever-stronger incentives to motivate school administrators, teachers, and students to perform better. Incentives and Test-Based Accountability in Education reviews and synthesizes relevant research from economics, psychology, education, and related fields about how incentives work in educational accountability systems. The book helps identify circumstances in which test-based incentives may have a positive or a negative impact on student learning and offers recommendations for how to improve current test-based accountability policies. The most important directions for further research are also highlighted. For the first time, research and theory on incentives from the fields of economics, psychology, and educational measurement have all been pulled together and synthesized. Incentives and Test-Based Accountability in Education will inform people about the motivation of educators and students and inform policy discussions about NCLB and state accountability systems. Education researchers, K-12 school administrators and teachers, as well as graduate students studying education policy and educational measurement will use this book to learn more about the motivation of educators and students. Education policy makers at all levels of government will rely on this book to inform policy discussions about NCLB and state accountability systems.
Book Synopsis EVA-based Bonus Systems and the Influence on Motivation of Employees in Companies with Branch- or Profit-Centre Structure by : Tobias Bandt
Download or read book EVA-based Bonus Systems and the Influence on Motivation of Employees in Companies with Branch- or Profit-Centre Structure written by Tobias Bandt and published by GRIN Verlag. This book was released on 2011-12-15 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2010 in the subject Leadership and Human Resources - Miscellaneous, grade: 1,8, Ashcroft International Business School Cambridge (Anglia Ruskin University), language: English, abstract: EVA-based Bonus Systems and the Influence on Motivation of Employees in Companies with Branch- or Profit-Centre Structure Tobias Bandt Since the beginning of the Industrial Revolution in the early the 20th century, companies have tried to find ways to motivate their staff and, through that, increase performance and productivity. Despite several theories that consider monetary incentives as not being a motivator it is still very common practice for companies to motivate their employees using profit participation schemes. Companies and organisational structures have significantly changed in the last 50 years. Is it still possible to measure and influence the performance of the individual? And what is the assessment based on? Is the approach of profit participation sustainable and contemporary? Even in times of globalisation, companies try to delegate responsibility to their business units and branches in order to measure performance and make them comparable. Therefore, they organise them as profit-centres, small organisational units which act like a company within a company. Economic Value Added (EVA) promises to measure more than the profit of a unit; it considers the added value of a branch to the company, shareholders and customers. This Master thesis aims to provide an overview of EVA, how it works and how it influences the motivation of people who work in branches that are organised as a profit-centre. It also analyses the influence of EVA-based incentive systems on the cooperation between branches and regions and, further, assesses the influence of fairness and transparency on the motivation. The research project is supported by a survey, conducted among branches of DIS AG, a company that has been using EVA for eight years as a basis for the calculation of monetary incentives. The survey covers three areas of EVA’s impact on employees: the influence on motivation in general, on cooperation between branches and the influence of transparency and fairness. The results of this survey are used to develop recommendations for adapting the system in order to maximise the impact on employee motivation.
Author :Gregory Encina Billikopf Publisher :University of California Agricultu Agricultural Issues Cente ISBN 13 : Total Pages :266 pages Book Rating :4.E/5 ( download)
Book Synopsis Labor Management in Agriculture by : Gregory Encina Billikopf
Download or read book Labor Management in Agriculture written by Gregory Encina Billikopf and published by University of California Agricultu Agricultural Issues Cente. This book was released on 2003 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Managing through Incentives by : Richard B. McKenzie
Download or read book Managing through Incentives written by Richard B. McKenzie and published by Oxford University Press. This book was released on 1998-09-24 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Incentives are the most powerful tools executives can use to improve worker performance. This is particularly true in today's empowered workplace, where incentives can ensure that workers apply their initiative toward company goals. Now, in this groundbreaking book, Richard McKenzie and Dwight Lee show how to select the right incentives and how to use them for best results. Generously illustrated with examples from business, industry, government, academia, and professional sports, this superb volume offers a comprehensive overview of incentives, both in theory and in practice, providing a wealth of ideas managers can use to get employees to work harder, smarter, and more cooperatively. Much of the book is quite eye-opening. For instance, while McKenzie and Lee recognize that money is the prime motivator, they urge managers not to overlook the power of non-monetary incentives, carefully evaluating such motivators as fringe benefits, psychological incentives, education, and training. And they examine a host of other issues, including how to take advantage of executive "overpayment" to increase profits; the limits of piece-rate and other pay-for-performance schemes; finding the right balance between current pay and a more generous pension plan; the value of tough bosses; and hostile takeovers as a form of managerial incentive. How workers are rewarded is often more important than how much they are rewarded, say the authors. The job of good managers is getting the incentives right. Managing Through Incentives shows managers how to apply proven motivators to help any size firm energize the work force, increase its profits, and meet the awesome challenges of today's fiercely competitive global economy.
Book Synopsis Managing Employee Performance and Reward by : John Shields
Download or read book Managing Employee Performance and Reward written by John Shields and published by Cambridge University Press. This book was released on 2020-01-02 with total page 557 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focuses on performance and reward using systems thinking and a dual model of strategic alignment and psychological engagement.
Book Synopsis How to Run Successful Incentive Schemes by : John G. Fisher
Download or read book How to Run Successful Incentive Schemes written by John G. Fisher and published by Kogan Page Publishers. This book was released on 2000 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: A reference source for managers wishing to introduce incentive schemes into their organization, this volume combines practical advice and real-life case studies. It examines schemes such as bonuses, commission, share options, free travel, vouchers, loyalty points and staff parties. The most important part of incentives, the ability to monitor and measure their effectiveness, is looked at in detail, as well as technological advances in the industry, such as smart cards and the Internet.
Book Synopsis Pay for Performance by : National Research Council
Download or read book Pay for Performance written by National Research Council and published by National Academies Press. This book was released on 1991-02-01 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Pay for performance" has become a buzzword for the 1990s, as U.S. organizations seek ways to boost employee productivity. The new emphasis on performance appraisal and merit pay calls for a thorough examination of their effectiveness. Pay for Performance is the best resource to date on the issues of whether these concepts work and how they can be applied most effectively in the workplace. This important book looks at performance appraisal and pay practices in the private sector and describes whetherâ€"and howâ€"private industry experience is relevant to federal pay reform. It focuses on the needs of the federal government, exploring how the federal pay system evolved; available evidence on federal employee attitudes toward their work, their pay, and their reputation with the public; and the complicating and pervasive factor of politics.
Book Synopsis Motivate and Reward by : H. Kressler
Download or read book Motivate and Reward written by H. Kressler and published by Springer. This book was released on 2003-03-21 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Motivation, ability and potential for development are crucial for performance and the achievement of objectives. The author, from his extensive management experience at Unilever, the leading multinational corporation, demonstrates the importance of the link between motivation, assessment of performance and potential, and reward and incentive strategies. It is only by getting this relationship right that the company can achieve business success.