BUS 381 Lecture Notes - Lecture 9: Job Performance, Parental Leave, Unemployment Benefits
Document Summary
Salary and salary increases are based on job performance. Enhances employee moivaion to accomplish goals that match organizaional needs. If not added to based pay (merit), it is called variable pay. If they can meet the goal, the team can share the proit. Everything is required in order to be successful in coningent rewards. My professor ofers me million if i memorize the textbook by tomorrow morning. No mater how much efort i put in, likely not possible to memorize the text in 24 hours. My professor does not look like someone who has. There is a lot of wonderful things i could do with million. Conclusion: though i value the reward, i will not be moivated to do this task. Proit-sharing: shares the proit when tasks are succeeded. Skill-based pay: reward employees with extra educaion and programs. Pay ime-of work to pursue your own interest that are related to work.