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Companies Using Motivation Theory

As organizations are challenged to do things better, faster and cheaper--often with fewer people and resources--employee motivation and rewards are critical tools. Improving employees' performance is a complex process. Some common strategies include incentives for executives, middle managers and employee groups, performance management systems, and enhanced communication programs.
Employees have a very strong belief that they should be rewarded on the basis of merit and that these rewards should be distributed fairly. The impact when pay is not distributed on the basis of merit is a lack of commitment to the organization, decreased levels of effort, and perhaps the loss of valuable employees. It most often is high-achieving employees rather than low-achieving employees who become dissatisfied and look for jobs elsewhere
Pay-for-performance systems or incentive plans may be designed to reward individuals, teams, units or entire organizations. These systems may be known by various na...

Posted by: Janet Valerio

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