Compensation and Benefits Management
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From the Paper:"COMPENSATION & BENEFITS MANAGEMENT: ISSUES ASSOCIATED WITH AND EXAMPLES OF SUCCESSFUL & UNSUCCESSFUL APPLICATIONS
Gupta and Shaw (1998) are among the latest of that group of human resources management theorists, experts, and commentators to contend that money is the strongest motivator in relation to obtaining desired levels of organizational performance and commitment. They contend that human resource managers should "design incentive schemes based on the premise that money is an effective and highly potent motivator. Used wisely, money as an incentive can result in substantial benefits" (Gupta & Shaw, 1998, p. 30). This contention is based on the attribution of two primary characteristics of money that motivate people. First, money provides people with the ability to acquire material benefits, and second, money ?represents status and ..."
Cite this Analytical Essay:
Compensation and Benefits Management (2003, February 07) Retrieved July 14, 2020, from https://www.academon.com/analytical-essay/compensation-and-benefits-management-14194/
"Compensation and Benefits Management" 07 February 2003. Web. 14 July. 2020. <https://www.academon.com/analytical-essay/compensation-and-benefits-management-14194/>