COMMERCE 1BA3 Chapter Notes - Chapter 6: Profit Sharing, Telecommuting, Human Factors And Ergonomics
2 Jun 2016
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Document Summary
Money can satisfy the lower-level needs, and also ties to performance. It is suggested to be the most effective motivator of performance, over goal setting or job enrichment. Linking pay to performance on production jobs piece-rate: pay is based on each unit of production completed. Wage incentive plans: various systems (hourly plus piece-rate) that link pay to performance on production jobs. Wage incentives have been found to increase productivity by. Lower quality: quality control is difficult in more ambiguous environments. However, it is easier in settings such as a factory. Differential opportunity: when the materials or quality of production equipment vary or the skill level of different individuals, so does the work"s performance, thus they are at a disadvantage. Reduced cooperation: some employees may take away materials or work from others to benefit their own interest. Some are concerned with the reduction of a workforce because the organization may want to cut labour costs.
