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MOTIVATION FROM CONCEPTS TO APPLICATIONS - Coggle Diagram
MOTIVATION FROM CONCEPTS TO APPLICATIONS
Using Rewards to Motivate Employees
What to Pay
Internal Equity
External Equity
How to Pay
Varialbe- Pay Program
Piece-rate Pay Plan
A pay plan in which workers are paid a fixed sum for each unit of production completed
Merit-based Pay Plan
A pay plan based on performance appraisal ratings
Bonus
A pay plan that rewards employees for recent performance rather than historical performance
Profit-sharing plan
An organization-wide program that distributes compensation based on some established formula designed around a company’s profitability
Employee stock ownership plan
A company-established benefits plan in which employees acquire stock, often at below-market prices, as part of their benefits
Alternative Work Arrangements
Flextime
Also known as Flexible time, is a work arrangement that allows employees to choose their start and end times.
Flextime also tends to reduce absenteeism
Job sharing
An arrangement that allows two or more individuals to split a traditional 40 - hour - a - week - job
Job sharing can increase motivation and satisfaction.
Telecommuting
Working from home at days a week on a computer that is to the employer's office
Job Characteristics Model
A model that proposes that any job can be described in terms of five core job dimensions
Task significance
Effecting the lives or work of other people
Autonomy
Providing the worker
Independence
in scheduling work
Discretion
Freedom
Determining the procedures for carrying it out
Task identity
Requireing completion of a whole and identifiable piece of work.
Feedback
Carrying out work activities generates
direct and clear information about your own performance.
Skill Variety
Requireing different activities using specialized skills and talents
Using Benefits to Motivate Employees
Flexible benefits
A benefits package individually tailored to his or her own needs and situation
Using Intrinsic Rewards to Motivate
Employees
Employee Recognition Programs
Formally appreciating specific employee
contributions
Job Redesign
Job Enlargement
Broadening the scope of a job
by expanding the number of different tasks to be performed
Job Enrichment
Increasing the depth of a job
by adding responsibility for
Planning
Organizing
Controlling
Evaluating
Job Rotation
The periodic
shifting of an employee from one task to another.