HROB 2100 Chapter Notes - Chapter 14: Mobile Computing, Job Sharing, Flextime
Document Summary
Company established ownership plan in which employees acquire stock as part of their benefits. Employees can buy the stocks at a later date for a guaranteed price. This will encourage employees to think about the consequences of their behavior if they own part of the company. Esops increase employee job satisfaction and work motivation if they can psychologically experience ownership. Teamwork- incentive pay(esp. when it"s awarded to individuals) can have a negative effect on group cohesiveness and productivity. Unions- unionized employees are typically paid on the basis of seniority and job categories and few opportunities to receive performance-based pay. Public sector employees- public sector work is often of a service nature, so it can be hard to measure productivity in the same way manufacturing or retail firms do. Ethical considerations- some employees might take advantage of this and manipulate performance results to increase their bonuses.