The Design Of Effective Reward Systems
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The Design Of Effective Reward Systems
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Author : Edward E. Lawler (III.)
language : en
Publisher:
Release Date : 1983
The Design Of Effective Reward Systems written by Edward E. Lawler (III.) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with Incentives in industry categories.
Reward systems are one of the most prominent and frequently discussed features of organizations. This chapter will focus on the design choices that are involved in managing a reward system and their relationship to organizational effectiveness rather than on specific pay system technologies. The underlying assumption is that the reward system of an organization can be a key contributor to organizational effectiveness. However, for this to occur careful analysis needs to be made of the role that reward systems can and should play in the strategic plan of the organization.
Reward Systems
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Author : Steve Kerr
language : en
Publisher: Harvard Business Press
Release Date : 2008-12-04
Reward Systems written by Steve Kerr and has been published by Harvard Business Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-12-04 with Business & Economics categories.
It's one of the thorniest management problems around: dealing with unmotivated, low-performing employees. It's easy to point the finger of blame at them. But in most companies, it's the reward system, not the workforce, that's causing poor attitudes and performance: many reward systems actually discourage desired behaviors while rewarding the very actions that drive executives crazy. In Reward Systems: Does Yours Deliver? Steve Kerr describes the steps you must take to create an effective reward system: - Clarify what you mean by "performance" -- in ways that help employees understand how they can support what you're trying to accomplish - Devise an effective performance-measurement system that distinguishes between metrics used for control and those used for employees' development - Design a reward system that motivates people to do what you want them to do while also meeting their needs To get the most from employees, you don't need to add headcount, upgrade your IT capabilities, or hire consultants. You do need to develop the right reward system. This book shows you how. From our new Memo to the CEO series -- solutions-focused advice from today's leading practitioners.
Designing An Effective Pay For Performance Compensation System
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Author : United States. Merit Systems Protection Board
language : en
Publisher:
Release Date : 2006
Designing An Effective Pay For Performance Compensation System written by United States. Merit Systems Protection Board and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Civil service reform categories.
Of pay for performance -- Benefits and risks associated with pay for performance -- What are the goals of pay for performance? -- Who should be paid for performance? -- How should employees be rewarded? -- How should performance-based pay be funded? -- How can costs be managed? -- Who provides input to performance ratings? -- How can agencies facilitate pay system integrity?
Innovative Reward Systems For The Changing Workplace 2 E
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Author : Thomas B. Wilson
language : en
Publisher: McGraw Hill Professional
Release Date : 2002-12-22
Innovative Reward Systems For The Changing Workplace 2 E written by Thomas B. Wilson and has been published by McGraw Hill Professional this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-12-22 with Business & Economics categories.
Innovative Reward Systems for the Changing Workplace explains the compensation and reward strategies successful companies use to focus, encourage, and achieve high performance. Reward systems authority Thomas Wilson has made this updated edition much more "how-to" and covers important new pay strategies such as "flex compensation," stock options, 360 feedback, and employee ranking. The book includes dozens of creative suggestions and ideas for compensation strategies in any organization.
Reward Strategies
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Author : Duncan Brown
language : en
Publisher: CIPD Publishing
Release Date : 2001
Reward Strategies written by Duncan Brown and has been published by CIPD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.
Reward strategies are often seen as force-fitted into best practice and viewed as quick technical fixes. In this book, Duncan Brown dispels this myth and changes the way we think about and operationalize reward strategies. He examines the importance of reward strategies, relating rewards to strategic business situations and aligning rewards with business goals. Each chapter starts with a statement of objectives, and key points are summarized at the end. Case studies illustrate the points made.
An Expert System For Reward Systems Design
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Author : Alper Erturk
language : en
Publisher:
Release Date : 2000-09-01
An Expert System For Reward Systems Design written by Alper Erturk and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-09-01 with categories.
Today's business environment is a highly competitive marketplace. In this competition, organizations distribute numerous rewards to motivate, attract and retain employees, such as pay, fringe benefits and promotions. However, not all managers have the necessary knowledge and expertise to effectively decide and structure reward systems. This thesis presents an expert system to assist managers with designing the most appropriate reward system in their organizations. The system queries the user about the organization's goals, structure, culture, technology and its management's vision. This information is then filtered through decision matrixes in the knowledge base to generate the results along with an explanation and an estimated accuracy factor. The system was designed and programmed using Microsoft Visual Basic 6.0. The decision tables in the knowledge base were designed and structured using a Microsoft Access database. The results show that similar knowledge base expert systems could be designed and programmed to assist managers for other uses in organizations.
The Reward Management Toolkit
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Author : Michael Armstrong
language : en
Publisher: Kogan Page Publishers
Release Date : 2011-01-03
The Reward Management Toolkit written by Michael Armstrong 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 2011-01-03 with Business & Economics categories.
Deciding how to effectively reward staff is one of the most tricky and contentious areas in people management. Getting it right can help promote a motivated workforce, and significantly improve recruitment and retention. But how do you decided what pay scale is suitable for which job and how do you design reward packages which recognise contribution and encourage employees? The Reward Management Toolkit provides practical, step-by-step guidance on designing and delivering rewards across organizations. In each tool the authors describe what the tool will achieve and provide guidance on when it is appropriate to implement. Each tool is supported by questionnaires, checklists and opinion surveys which can be used as the basis for analysis, discussions in workshops, project teams and focus groups. These tools include: the design, development and implementation process, strategic reward, job evaluation, market rate analysis, benefits options, including flexible benefits and the management and evaluation of reward systems. Online supporting resources include figures and templates such as checklists and questionnaires.
The Modern Firm
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Author : John Roberts
language : en
Publisher: Oxford University Press
Release Date : 2007-09-06
The Modern Firm written by John Roberts and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-09-06 with Business & Economics categories.
Business firms around the world are experimenting with new organizational designs, changing their formal architectures, their routines and processes, and their corporate cultures as they seek to improve their current performance and their growth prospects. In the process they are changing the scope of their business operations, redrawing their organization charts, redefining the allocation of decision-making authority and responsibility, revamping the mechanisms for motivating and rewarding people, reconsidering which activities to conduct in-house and which to out-source, redesigning their information systems, and seeking to alter the shared beliefs, values and norms that their people hold. In this book, John Roberts argues that there are predictable, necessary relationships among these changes that will improve performance and growth. The organizations that are successful will establish patterns of fit among the elements of their organizational designs, their competitive strategies and the external environment in which they operate and will go about this in a holistic manner. The Modern Firm develops powerful conceptual frameworks for analyzing the interrelations between organizational design features, competitive strategy and the business environment. Written in a non-technical language, the book is nevertheless based on rigorous modeling and draws on numerous examples from eighteenth century fur trading companies to such modern firms such as BP and Nokia. Finally the book explores why these developments are happening now, pointing to the increase in global competition and changes in technology. Written by one of the world's leading economists and experts on business strategy and organization, The Modern Firm provides new insights into the changes going on in business today and will be of interest to academics, students and managers alike.
South African Human Resource Management For The Public Sector
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Author : Barney Erasmus
language : en
Publisher: Juta and Company Ltd
Release Date : 2005
South African Human Resource Management For The Public Sector written by Barney Erasmus and has been published by Juta and Company Ltd this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
This report discusses important themes in the field of human resource management for the public sector, including managing employee relations, strategizing and planning human resources departments, and selecting employees within the equal employment opportunity guidelines. Current legislation of the field is discussed and new theories on local and international applied research are explored.
Rewards And Intrinsic Motivation
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Author : Judy Cameron
language : en
Publisher: Bloomsbury Publishing USA
Release Date : 2002-05-30
Rewards And Intrinsic Motivation written by Judy Cameron and has been published by Bloomsbury Publishing USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-05-30 with Business & Economics categories.
Over the past 30 years, many social psychologists have been critical of the practice of using incentive systems in business, education, and other applied settings. The concern is that money, high grades, prizes, and even praise may be effective in getting people to perform an activity but performance and interest are maintained only so long as the reward keeps coming. Once the reward is withdrawn, the concern is that individuals will enjoy the activity less, perform at a lower level, and spend less time on the task. The claim is that rewards destroy people's intrinsic motivation. Widely accepted, this view has been enormously influential and has led many employers, teachers, and other practitioners to question the use of rewards and incentive systems in applied settings. Contrary to this view, the research by Cameron and Pierce indicates that rewards can be used effectively to enhance interest and performance. The book centers around the debate on rewards and intrinsic motivation. Based on historical, narrative, and meta-analytic reviews, Cameron and Pierce show that, contrary to many claims, rewards do not have pervasive negative effects. Instead, the authors show that careful arrangement of rewards enhances motivation, performance, and interest. The overall goal of the book is to draw together over 30 years of research on rewards, motivation, and performance and to provide practitioners with techniques for designing effective incentive systems.