Bonuses Can Backfire - 1436 Words

Case Incident 3 Bonuses Can BackFire. Question 1 In a competitive business climate, more business owners are looking at improvements in quality while reducing costs. Meanwhile, a strong economy has resulted in a tight job market. So while small businesses need to get more from their employees, their employees are looking for more out of them. Employee reward and recognition programs are one method of motivating employees to change work habits and key behaviors to benefit a small business. Although these terms are often used interchangeably, reward and recognition systems should be considered separately. Employee reward systems refer to programs set up by a company to reward performance and motivate employees on individual and/or group†¦show more content†¦Likewise, if quality is an important issue for an entrepreneur, the reward system that he or she designs should not emphasize rewarding the quantity of work accomplished by a business unit. Case Discussion 4 Question 1 * Relax – People will sense your genuineness and casualness, and theyll respond accordingly. Stiff, formal conversation will probably lead to equally rigid responses. * Listen and observe more than you talk – Use active listening with your staff. When people feel youre hearing them, youll probably seem more sincere. Read some pointers on active listening. * Ask for feedback and ideas – Let everyone know that you want ideas to make things better. As the boss, people may think that your opinions and ideas are right. So hold back from saying what you think – the goal is to see what others have to say. * Wander around equally – Dont spend more time in one department or section than another. And dont always talk to the same people or to people with certain ranks. You want to be approachable to everyone, regardless of job title or position. * Use the time for spontaneous recognition – If you see something good, compliment the person. Thi s is a perfect way to show your gratitude. * Hold meetings out and about – Instead of having all your meetings in the boardroom or your office, meet with people in their work areasShow MoreRelatedHow Do Corporations Achieve Effective Management?1134 Words   |  5 Pagesphysiological needs of its employees by setting an average salary of $108,483, which basically can ensure survival† (Management). Furthermore, Apple provides â€Å"a wide range of applications to protect the safety needs of workers, such as the development of health and safety standards, training more employees to identify hazards, providing safety equipment or offering subsidies and bonuses† (Ibid). From this it can be seen that Apple applies extrinsic motivational methods to motivate its staff by offeringRead MoreAnalysis Of Elizabeth Grammar On Job Redesign1064 Words   |  5 Pagescorrect unnecessary steps, and consequently make his job more efficient and effective. This tool helps as a moti vator that leads to higher employee satisfaction since the subject feels more in control of his job. Nevertheless, job enrichment can also backfire because employees will not see the correlation between earning more duties, and not earning more money (Carpenter, M., Taylor, B., Erdogan, B., 2009). In Layman’s case study, the job enrichment principles are present first in recognizing thatRead MoreMotivational Methods1155 Words   |  5 Pagesworkplace so it would be great to implement those goals into the workplace. To make these goals a reality the employer or leader of the team can offer incentives such as bonuses or special lunches. In order to build the team successfully proper leadership is important; however the team members should still have some sort of independence so that the team can operate effectively on its own. 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