MHR 522 Lecture Notes - Lecture 8: Golden Handcuffs, Merit Pay, Job Performance
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What matters most: recruiting, performance evaluation, career progression, compensation, company policies. Creating an environment where every employee can perform at their best. Job evaluation: systematically rating the worth of jobs within an organization by measuring their required skill, effort, responsibility, and working conditions. Job design: the process of assigning tasks to a job, including the interdependency of those tasks with other jobs. Job specialization: the result of division of labour in which work is subdivided into separate jobs assigned to different people. Scientific management: the practice of systematically partitioning work into its smallest elements and standardizing tasks to achieve maximum efficiency. Exhibit 6. 1 re wa rd ob je c tive s , ad va n ta g e s , a n d dis a d va n ta g e s. Re wa rd: b je c tive. S a m p le re wa rd s.