compensation, behavior, and motivators
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You are working in a Human Resources Department. You and your boss got into a discussion about compensation, behavior, and motivators. You are asked to write a memo proposing alternative ways to recognize employees for their contributions and to reward them in a nonmonetary way that would have value to the employees.
Choose any industry with which you may be familiar. Be clear in your proposal as to what level of employee you are considering. You may choose several levels within an organization, such as professional, skilled, and/or nonprofessional. Support your ideas with reasons why these benefits may be considered of value. If you wish, you may include anything on the importance of retention because of the diminishing workforce. Feel free to get input from people you know.
Also, include a rough idea of what can be done with your suggestions to take it closer to implementation. Additionally, include any ideas that may help make the program get accepted and therefore be successful.
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Solution Summary
You are working in a Human Resources Department. You and your boss got into a discussion about compensation, behavior, and motivators. You are asked to write a memo proposing alternative ways to recognize employees for their contributions and to reward them in a nonmonetary way that would have value to the employees.
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Let us start with the senior employees such as top level management, departmental heads and directors. For such group of employees, one of the effective form of non monetary reward is recognition in the form of awards, praise/recognition in front of whole staff or other recognition, luxury vacation, etc. As monetary incentives are not too important for such senior level staff, it is essential to satisfy their high level needs such as self-esteem needs, as suggested by Maslow's hierarchy of needs or Maslow's motivation theory. Such non-monetary rewards will boost the self-esteem of such senior employees and will motivate them to keep up the good work. Especially, rewards such as recognition in front of whole staff and awards will surely go a long way in appreciating the good work of such senior staff. Such senior members in the organization are mostly looking to fulfil their self esteem or self actualization needs, hence, it is essential to chose such rewards to recognize their contribution.
For professional employees working in middle level positions such as middle and junior managers, a combination of non-monetary incentives would work well. For exxample, rewards or recognition such as employee of the month, praise in front of other senior and junior employees, ...
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- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
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