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Intrinsic or extrinsic reward programs

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Could you assist me in with identify what you believe are two intrinsic or extrinsic reward programs that could influence worker motivation productivity. For both of these, how would you assess the effectiveness of these programs?

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In regards to employee reward programs, management often finds that extrinsic motivations are more effective, due to the monetary issues involved. This does not include all organizations and can vary. However, with the current economic situation where unemployment is high, inflation has risen over the last few years, and so forth, additional compensation can speak volumes in regards to employee motivation. One of the most successful reward programs that directly influences motivation and productivity is a profit sharing or gain sharing program. These types of programs can be structured suited to the company, as they desire, but all have the same main objective. The employees share in the remaining profits at the end of the year. This ...

Solution Summary

This solution identifies and discuses intrinsic and/or extrinsic reward programs that could influence worker motivation productivity. The main methods of assessing program effectiveness are also discusses.

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Intrinsic and Extrinsic compensation

Write a paper describing in detail how differing organizations would use various blends of extrinsic and intrinsic compensation and benefits strategies to maximize organizational potential and meet the needs of their workforce. The document should examine organizations that effectively utilize extrinsic and intrinsic pay programs to motivate workers and increase organizational productivity.

Select at least five examples of these extrinsic and intrinsic pay programs and explain your reasons for selecting these programs.

Support the document with at least three (3) resources, in addition to the specified resources, other appropriate scholarly resources, including older articles, may be included.

Use current APA standards.

Length: 5-7 pages

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