Motivation: Reward system and the role of compensation

Категория реферата: Топики по английскому языку
Теги реферата: сочинение сказка, права человека реферат
Добавил(а) на сайт: Сочинский.

Many of the recently “commercialized” enterprises believe that employees are to be satisfied with their salary only, and a pay-for- performance system is, therefore, of no need. However, the failure to observe the different motivation factors, such as money, respect, promotion and others, can lead to a worsening performance and, as a result, to a lower efficiency organizationwide.

On the other hand, money is not considered to be the most influencing motivation factor by the employees themselves. Though it may be a more vital need of most Russian workers in comparison with their Western colleagues, at the same time they put more value on the cooperative atmosphere in the organization, rather than on the money side. And, thus, it is reasonable for the management to base the performance incentive system on some other factors, such as work security, pension etc. It’s hard to predict the situation in the long-run, however one can expect that the value put on money as a performance motivation factor will rise.
Bibliography

Searle, John G., Manage People, Not Personnel, A Harvard Business review book, 1990

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