Incentive
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How To Run Successful Incentive Schemes
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Author : John G. Fisher
language : en
Publisher: Kogan Page Publishers
Release Date : 2000
How To Run Successful Incentive Schemes written by John G. Fisher and has been published by Kogan Page Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Business & Economics categories.
A reference source for managers wishing to introduce incentive schemes into their organization, this volume combines practical advice and real-life case studies. It examines schemes such as bonuses, commission, share options, free travel, vouchers, loyalty points and staff parties. The most important part of incentives, the ability to monitor and measure their effectiveness, is looked at in detail, as well as technological advances in the industry, such as smart cards and the Internet.
Incentive
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Author : Fouad Sabry
language : en
Publisher: One Billion Knowledgeable
Release Date : 2024-01-05
Incentive written by Fouad Sabry and has been published by One Billion Knowledgeable this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-01-05 with Business & Economics categories.
What is Incentive In their broadest sense, incentives may be defined as anything that encourages a person to change their behavior in the direction that is intended. It is underlined that incentives are important by the fundamental law of economics and the rules of behavior, which suggest that bigger incentives equal to greater levels of effort and, as a result, higher levels of performance. This provides evidence that incentives are important. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Incentive Chapter 2: Motivation Chapter 3: Contract theory Chapter 4: Two-factor theory Chapter 5: Content theory Chapter 6: Personnel economics Chapter 7: Overjustification effect Chapter 8: Self-determination theory Chapter 9: Motivation crowding theory Chapter 10: Managerial psychology Chapter 11: Incentive program Chapter 12: Incentivisation Chapter 13: Cognitive evaluation theory Chapter 14: Warm-glow giving Chapter 15: Pay-for-Performance (Federal Government) Chapter 16: Work motivation Chapter 17: Employee motivation Chapter 18: Reward management Chapter 19: Uri Gneezy Chapter 20: Employee recognition Chapter 21: Motivation and employee engagement (II) Answering the public top questions about incentive. (III) Real world examples for the usage of incentive in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of incentive.
Compensation And Motivation
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Author : Thomas J. McCoy
language : en
Publisher: Createspace Independent Pub
Release Date : 2012-09-01
Compensation And Motivation written by Thomas J. McCoy and has been published by Createspace Independent Pub this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-09-01 with Business & Economics categories.
"Compensation and Motivation" is the first book in the Culture of Partnership series. With a strong foundation in social science and behavioral psychology, this book will show you how to develop incentive plans that work! Turn the cost of compensation into an investment that will increase revenue and profit, enhance the value of the organization and motivate all employees to deliver the business strategy. Compensation and Motivation describes how to develop the right reward system that will engage and motivate the target audience. Employees come to work for the rewards, either material (money), social (recognition and appreciation) or both. Mr. McCoy shows how to combine behavioral psychology and business strategy to create a reward system that offers fulfillment to the employees if they deliver on the company goals. This book goes beyond just showing how to link pay to performance. It shows how to balance the array of rewards that a company can offer (cash, benefits, meaningful work, social recognition and appreciation) so that the maximum motivation is obtained with the least overall cost. It's called "the mix that motivates." Since this book was initially published, over 65 percent of all businesses now offer some form of incentive to all employees. However, many of those efforts are ineffective in achieving the organization's goals. This book shows how to engage all employees in the business, motivate them to perform at exceptional levels, create a common focus and a feeling of shared destiny (teamwork.) Learn how to become an employer of choice. Learn how to engage employees so that the operation "runs itself." Learn how to use compensation as the engine that drives a Culture of Partnership.
Design Of Incentive Systems
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Author : Dennis D. Fehrenbacher
language : en
Publisher: Physica
Release Date : 2015-02-08
Design Of Incentive Systems written by Dennis D. Fehrenbacher and has been published by Physica this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-02-08 with Business & Economics categories.
Monetary incentives, as a driving force for human behavior, are the main theme of this book. The primary goals underlying the application of monetary incentive systems in companies are motivating employees to strive for superior productivity in line with the interests of employers, and hiring adequately skilled employees. The first goal refers to incentive effects, the latter to sorting effects. This book introduces important theories and concepts concerning behavior under influence of monetary incentives; it reviews existing economic frameworks and identifies specific contingency variables. Based on an integrative framework of elements influencing incentive and sorting effects, a laboratory experiment is presented including detailed methodological discussion on experimentation and data analysis as well as an extensive presentation of findings and discussion of implications.
Incentive Regulation And The Regulation Of Incentives
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Author : Glenn Blackmon
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Incentive Regulation And The Regulation Of Incentives written by Glenn Blackmon and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
The class is theory of price regulation assumed that the regulator knows the fIrm's costs, the key piece of information that enables regulators to pressure fmns to choose appropriate behaviors. The "regulatory problem" was reduced to a mere pricing problem: the regulator's goal was to align price with marginal cost, subject to the constraint that revenues must cover costs. Elegant and important insights ensued. The most important was that regulation was inevitably a struggle to achieve second-best outcomes. (Ramsey pricing was a splendid example. ) Reality proved harsh to regulatory theory. The fmn's costs are by no means known to the regulator. At best, the regulator may know how much is currently spent to provide services, but hardly what costs would be if the fmn vigorously pursued effIciency. Even if the current cost curve were known to the regulator, technologies change so swiftly that today's costs are a very poor indicator of tomorrow's, and those are the costs that will determine the fIrm's future decisions. With the burgeoning attention to information considerations and game theory in economics, the regulator's problem of eliciting host information about cost has received considerable attention. In most cases, however, it has been in context that are both static and stylized; such analyses rarely capture many of the essential elements of real world regulatory issues. This volume represents a fresh approach. It reflects Glenn Blackmon's twin strengths, a keen analytic mind and important experience in the regulatory arena.
The Theory Of Incentives
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Author : Jean-Jacques Laffont
language : en
Publisher: Princeton University Press
Release Date : 2009-12-27
The Theory Of Incentives written by Jean-Jacques Laffont and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-12-27 with Business & Economics categories.
Economics has much to do with incentives--not least, incentives to work hard, to produce quality products, to study, to invest, and to save. Although Adam Smith amply confirmed this more than two hundred years ago in his analysis of sharecropping contracts, only in recent decades has a theory begun to emerge to place the topic at the heart of economic thinking. In this book, Jean-Jacques Laffont and David Martimort present the most thorough yet accessible introduction to incentives theory to date. Central to this theory is a simple question as pivotal to modern-day management as it is to economics research: What makes people act in a particular way in an economic or business situation? In seeking an answer, the authors provide the methodological tools to design institutions that can ensure good incentives for economic agents. This book focuses on the principal-agent model, the "simple" situation where a principal, or company, delegates a task to a single agent through a contract--the essence of management and contract theory. How does the owner or manager of a firm align the objectives of its various members to maximize profits? Following a brief historical overview showing how the problem of incentives has come to the fore in the past two centuries, the authors devote the bulk of their work to exploring principal-agent models and various extensions thereof in light of three types of information problems: adverse selection, moral hazard, and non-verifiability. Offering an unprecedented look at a subject vital to industrial organization, labor economics, and behavioral economics, this book is set to become the definitive resource for students, researchers, and others who might find themselves pondering what contracts, and the incentives they embody, are really all about.
The Complete Guide To Sales Force Incentive Compensation
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Author : Andris A. Zoltners
language : en
Publisher: Amacom
Release Date : 2006-08
The Complete Guide To Sales Force Incentive Compensation written by Andris A. Zoltners and has been published by Amacom this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-08 with Business & Economics categories.
The Complete Guide to Sales Force Incentive Compensation is a practical, detailed roadmap to building a fair compensation system by creating motivating incentives that produce positive outcomes. Packed with ready-to-use formulas and assessment tools and a wealth of insights from frontline sales managers and executives, the book is your hands-on, easy-to-read playbook for payment decisions.
The Impact Of Financial Incentives On Individual Performance An Experimental Approach
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Author : Steffen Hetzel
language : en
Publisher: GRIN Verlag
Release Date : 2011-08-04
The Impact Of Financial Incentives On Individual Performance An Experimental Approach written by Steffen Hetzel and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-08-04 with Business & Economics categories.
Diploma Thesis from the year 2010 in the subject Economics - Job market economics, grade: 1,3, University of Mannheim, language: English, abstract: The thesis on hand is dealing with the impact of financial incentives on individual performance. For this, the perception of an experimental approach has been chosen. The target of the thesis is the development of the blueprint of an experiment to provide further research input on the effectiveness of financial incentives. To do so, the theoretical background for studying this problem is introduced by investigating the psychological and economical approaches to analyze the topic. Additionally, empirical and experimental studies dealing with this issue are presented. Based on those findings, the structure of an experiment to be carried out at university with students is developed and objectives, design and supplementary requirements for conducting this are discussed. Subsequent, suggestions for the analysis, reporting and possibly occurring challenges throughout the process of implementation are illustrated. The design of the experiment is giving a verification of before detected findings of a non-linear correlation between incentives and performance. In contrary to standard economic models, the relation is not predicted to be monotonic, but S-shaped. For this perspective, not only performance on varying incentive levels is analyzed, but also performance if payments are absent. Furthermore, the influence of publishing the course of incentive levels in the beginning of the experiment, in comparison to a task-to-task announcement is investigated. An evaluation of this relation is undertaken by studying the impact of financial incentives on performance of three observation groups through two different exercises with varying incentive levels during a real-effort experiment.
An Innovative Economic Incentive Model For Improvement Of The Working Environment In Europe
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Author : Stephen R. Bailey
language : en
Publisher:
Release Date : 1995
An Innovative Economic Incentive Model For Improvement Of The Working Environment In Europe written by Stephen R. Bailey and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Business & Economics categories.
Incentive Theory And Political Process
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Author : James L. Payne
language : en
Publisher:
Release Date : 1972
Incentive Theory And Political Process written by James L. Payne and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1972 with History categories.