This paper discusses the numerous incentive programs available to employers and examines which programs really work.
Written in 2003; 3,919 words; 16 sources; MLA; $ 106.95
Paper Summary:
This essay analyzes the difference between incentive and motivation and shows how they are related. Several motivational theories are also compared and shown how they relate to the various incentive programs, such as profit sharing and gain sharing, that can be used by companies.
From the Paper:
"In today's hectic work environment, it is sometimes difficult for management to keep employee satisfaction in mind. Many managers are often heard saying "I have so many things to do that I don"t really have time to pat employees on the back for everything they do.? At the company where I am employed, one of my bosses has said on numerous occasions "We don"t say things like good job around here because that's just the way it's always been. You can just assume if you don"t hear anything that you"re doing fine.? It is for reasons like this that many Americans feel little or no satisfaction with their jobs. Perhaps supervisors embracing this type of management philosophy are not lazy, but just not used to recognizing people, and are in essence creating an unsatisfied group of employees. Whatever the reason, it is imperative that companies teach managers how to create satisfied employees as well as implement programs that give employees an incentive to want to do well at work. Companies need to learn how to create a healthy balance between those things that affect job satisfaction or dissatisfaction. Hygiene factors, such as pay and policies affect job dissatisfaction, while motivator factors, such as recognition and responsibility affect job satisfaction. Without balance between these two factors, employees will either be dissatisfied or get no satisfaction from their jobs. There are many ways companies can use incentives to motivate employees, and several will be examined and compared to one another."
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