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Employee Rewards.
Member rating: No Rating | Words: | Submitted: Sun Apr 18 2004
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No: 10391661, Employee Rewards Introduction: Understanding what motivates employees-not what makes them ''happy'', but what makes them come to a company, stay and invest their talents in the business-is critical to developing an effective people strategy. Likewise, the ongoing effectiveness of specific reward systems in supporting that strategy depends on understanding which reward elements have the greatest impact on the people who are most important to the company's success. And the question is, ''Do incentives and rewards work?'' Do incentives make people more efficient and effective? Do incentives like paid holidays motivate and retain employees? My view is that it does, but only for short term periods. (www.e-reward.co.uk / Alfie Kohn;1998). It produces temporary compliance. Because motivation is based upon the intrinsic and extrinsic rewards the employees receive. And there is a hierarchy of human needs, one after another. (A.Maslow /2004; Handouts: MAP). Rewards do not create an enduring commitment to work...
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