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2.4 MOTIVATION (TYPES of FINANCIAL REWARDS (WAGE (piece-rates), COMMISSION…
2.4 MOTIVATION
TYPES of FINANCIAL REWARDS
WAGE (piece-rates)
COMMISSION
WAGES (time-based)
PROFIT-RELATED PAY
SALARY
PERFORMANCE-RELATED PAY (PRP)
EMPLOYEE SHARE OWNERSHIP SCHEMES
FRINGE PAYMENTS
TYPES of NON-FINALCIAL REWARDS
JOB ENLARGEMENT
EMPOWERMENT
JOB ROTATION
PURPOSE
JOB ENRICHMENT
TEAMWORK
Motivation THEORIES
HERZBERG (hygiene theory)
ADAMS (equity theory)
MASLOW
PINK
TAYLOR
CULTURAL DIFFERENCE
GENDER
RISK
INDIVIDUAL
TRADITION
EQUALITY