Professional Documents
Culture Documents
Incentives PDF
Incentives PDF
Incentives PDF
Objective
Find & measure effects of incentives on
employees
Companies use of incentives to achieve &
maintain employee productivity &
quality performance
Expectancy Theory
Assumptions:
Maximize Pleasure
Minimize Pain
Rational Behavior
Expectancy
Instrumentality
Valence
Agency Theory
Principal & Agent
Assumptions:
Maximize Output
Minimize Effort
Goal-Setting Theory
1.
2.
3.
4.
Acceptance of goal
Specific & measurable
Difficulty
Feedback
Financial Incentives
Stock Options
Profit Sharing
Raises & Bonuses
Educational Incentives
Tuition Reimbursement
Waiting Period
Investment in the Company
Perks
Relaxed/Positive Environment
Routine rituals
Social Activities
Amenities
Gym
Cafeterias
Day Care Centers
Positive Reinforcement
Appreciate Employees
Employee Retention
Cure for Employee Turn-over(Deming
Disease)
Concluding Thoughts
High Level of Motivation
Matching Motivation
Promote:
Performance
Morale
Engagement
Productivity
Motivation
Concluding Thoughts
Match Incentives
SAS
Obstacles of Incentives
Non-Financial