BUSI 2311U Chapter Notes - Chapter 6: Self-Determination, Reward System, Job Design
Document Summary
Systematically rating the worth of jobs within an organization by measuring their required skill, effort, responsibility, and working conditions. A team based reward that calculates bonuses from the work units cost savings and productivity improvement. A reward system that encourages employees to buy company shares. Reward system that gives employees the right to purchase company shares at a future data at a predetermined price. Reward system that pays bonuses to employees on the basis of the previous years" level of corporate profits. Process of assigning task to a job, including an interpedently of these tasks with other jobs. Result of division of labor in which work is subdivided into separate jobs assigned to different people. The practice of systematically portioning work into its smallest elements and standardizing tasks to achieve maximum efficiency. Theory stating that employees and primarily motivated by growth and esteem needs, not by lower level needs.