Please enable JavaScript.
Coggle requires JavaScript to display documents.
Motivation in practice, Financial rewards - Coggle Diagram
-
Financial rewards
Wages
By time rates
Employees are paid an hourly rate, or a number of hours per week. Overtime can also be paid
-
-
-
-
-
Profit-related pay
The amount that the employee is payed, is based on what the business is paid
Example: A store (unethically) decides to not pay some employees their whole pay, because they haven't earned as much
-
Fringe payments
Fringe payments, or
perks, are the many
types of extras that
businesses offer their
employees.
Example: Medical insurance, discounts on certain private facilities like hotels