Motivational theories for employee incentives

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Non-Monetary incentive program:
The non-monetary incentive program that I want Sinclair to introduce in Glenview is the stock incentive program based on five criteria based five point rating scale evaluations. There will be performance evaluation contracts that will be signed by each employee with his supervisor before the evaluation program begins. The criteria for evaluation will be decided before the period of evaluation begins. For example the contract with the worker would be formed with his supervisor. The criteria could include, the number of strapping rolls rejected because of width variations. The number of rolls rejected because of ink splashing on the rolls. The number of his line stoppages during the year. The values in numbers would be agreed on and five numbers relating to the five points on a rating scale would be decided. At the end of the evaluation period depending on the composite rating of each employee, he would be given shares of Glenview Plastic Systems lnc. In addition, the employee in each grade with the highest evaluation rating will be given an award that will consist of a citation and a shield.

a. Identify and describe the motivational theory that would apply to your non-monetary incentive program. What is the relationship between the theory and the incentive program?
The motivational theory that would apply to my non-monetary incentive program in Glenview Plastic System is an integration of Contemporary theories of motivation. Which theories will be integrated?
One is the theory of McClelland: This part is taken from the website: http://www.businessballs.com" The n-affil person is 'affiliation motivated', and has a need for friendly relationships and is motivated towards interaction with other people. The affiliation driver produces motivation and need to be liked and held in popular regard. These people are team players. The n-pow person is 'authority motivated'. This driver produces a need to be influential, effective and to make an impact. There is a strong need to lead and for their ideas to prevail. There is also motivation and need towards increasing personal status and prestige. The n-ach person is 'achievement motivated' and therefore seeks achievement, attainment of realistic but challenging goals, and advancement in the job. There is a strong need for feedback as to achievement and progress, and a need for a sense of accomplishment. McClelland said that most people possess and exhibit a combination of these characteristics. Some people exhibit a ...