Review the following article:
Why Performance Related Pay (PRP) Doesn't Work http://www.arrod.co.uk/archive/concept_PRP_doesnt_work.php
The VP of operations asks you the following questions:
* Does pay motivate employees? Why or why not?
* How could you measure the motivating effects of your organization's compensation programs?
Does pay motivate employees? Why or why not?
I think for the most part, everyone is motivated by money to some degree. However, some would argue that money doesn't change behavior in the workplace, and it takes a great manager to keep employees motivated. Nevertheless, management can play a significant role in keeping employees motivated to do their jobs well. Just saying a kind word like "thank you" can go a long way. But, money can ...
This solution provides an explanation about pay and whether or not it motivates employees. It also discusses how motivating effects of an organization compensation program can be measured.
Employee Behavior in Various Businesses
You may deal with employees who work for various business and companies from time to time. Do you feel that an employee�s compensation plan affects how he or she behaves to one another and to his or her customers? Why or why not? If the compensation plan does indeed affect behavior, how can the plan be improved?View Full Posting Details