MGHD27H3 Chapter Notes - Chapter 6: Highscope
Document Summary
Money as a motivator capture extrinsic motivation. Pay is a motivator: expectancy theory -> if pay satisfy a variety of needs then it should have high valent and a good motivator to the extent that it is clearly tied to performance. Linking pay to performance on production jobs. piece rate: a pay sys in which individual workers are paid a certain sum of 32327 for each unit of production completed link pay to performance. usually combined with hourly wages ex. wage incentive plans: various sys that link pay to performance on production jobs. when individual productivity is hard to measure -> group incentive. lowered quality: when ppl care only about speed, quality may be lowered. differential opportunity: if factors like supply of raw materials, quality of production equipment or work environment differ among diff workplace then workers will differ in the expectancy that they can produce at high level.
