BUS 272 Chapter Notes - Chapter 6: Pizza Delivery, Golden Handcuffs, Job Rotation

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 272
• Professor: Sarbjit Hovey

Document Summary

Influences an individual"s ethical conduct, behavior and/or organizational citizenship. Financial rewards: membership and seniority based rewards. Golden handcuffs may undermine performance: job status. Job evaluation methods determine rewards by required skills, effort, working conditions, etc. Status-based benefits, higher valued jobs get higher pay. Exaggerated job worth increase in costs: competency based rewards. The more you learn and know, the more compensation you are paid. Pay plans are overdesigned and difficult for employees to understand: performance based rewards. Share ownership plans, employees can buy shares from the company. Profit sharing plans, employees receive bonus based on the company profits. Give what employees actually want, tim horton"s example. The process of assigning tasks to a job including the interdependency of those tasks with other jobs. Subdividing into separated jobs each with a subset of tasks required to complete a product or service (assembly line) Employees feel that they have freedom and independence on their job.