ch.11 incentives.pptx

7/26/2019 ch.11 incentives.pptx

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MERIT PAY SYSTEM

1. The incentive value of the reward oered is too low

2. The link etween !erfor"ance and rewards is weak

#. Su!ervisors often resist !erfor"ance a!!raisal

$. %nion contracts in&uence !a' for !erfor"ancedecisions within and etween or(ani)ations

*. The +annuit', !role"


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-%I/I0ES R EE3TI4E MERIT

PAY SYSTEM

1. Estalish hi(h standars of !erfor"ance

2. evelo! and i"!le"ent sound !erfor"ance "ana(e"ents'ste"s

#. Train su!ervisors in the "echanics of !erfor"ancea!!raisal and in the art of (ivin( feedack to suordinates

$. The rewards closel' to !erfor"ance

*. %se a wide ran(e of increase


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I03E0TI4ES R E5E3%TI4E 6

7 lon(8ter" restricted stocks

restricted stocks units7 short8ter"

I03E0TI4ES R /9ER8/E4E/

EMP/YEESlu"!8su" onus

s!ot onus


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R-A0I;ATI09IEI03E0TI4ES

Proile reward stucture that re&ects aco"!an'?s actual econo"ic !osition

$. To enhance e"!lo'ees securit' and identi


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R-A0I;ATI09IE I03E0TI4ES3ont...B

-ain Sharin(: reasons =

1. -enerall': it does not work well in !iecework o!erations

2. The returns fro" (ain8sharin( !ro(ra"s a!!ear to dwindlewith increasin( !lan si)e

#. So"e


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EMP/YEE ST3D 90ERSIPP/A0S ESPsB

As a "eans of ta>8favored: co"!an'8!ensivel'

To ful


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S%--ESTI0S

1. Start with the ovious

2. 3onsider insitutin( !ro!lain thin(s !ersonall'


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TERIMA KASIH

ch.11 incentives.pptx

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