SOCSCI 2HR3 Lecture Notes - Lecture 8: Flextime, Worldatwork, Total Rewards
16 Nov 2016
School
Department
Course
Professor
Document Summary
Assumes that individuals who have worked another year are en- titled to pay increases, with little regard for performance differences. Requires that compensation changes reflect individual perfor- mance differences. The non financial rewards will incline an employee to stay long term. What type of place is this to work for. Credited for your work, complimented on your work. Motivation; ex. better office for better worker. Many people do not reach the upper levels, they are content solely working for money. Relates directly to the total rewards model. In order for a company to keep employees, they must provide opportunities to meet the upper levels of human needs. 62% of canadians believe they are more productive working outside the office. 48% prefer a non-traditional 8 hour day. Flextime; flexible scheduling allowing for employees to work when they choose. Not popular with the baby boomer generation; trust is an issue.
