Question
This week we are examining the relationship between motivation theory and pay structure within organizations . Employees are motivated in various ways to perform at
This week we are examining the relationship between motivation theory and pay structure within organizations. Employees are motivated in various ways to perform at work. All employees seek a certain blend of intrinsic rewards--internal motivators derived from the completion of work--and extrinsic rewards--external motivators "gifted" by employers for the completion of work. Pay structures in organizations mainly focus on the construction of extrinsic rewards to satisfy the base needs of employees, while a total rewards system offers extra opportunities for employees seeking to satisfy their intrinsic needs.
Below is a list of rewards that comprise a total rewards system in an organization:
Reward | Examples |
Compensation | Wages, commissions, bonuses, retirement plan |
Benefits | Health, medical, dental, insurances; vacation time |
Social Interaction & Fun | Friendly, engaging, and fun workplace |
Job Security | Stable, consistent position and rewards |
Status & Recognition | Respect, prominence within organization |
Control & Autonomy | Ability to influence others; support creative thinking |
Career Advancement | Chance to grow and develop skills and abilities |
Work Flexibility | Support of work/life balance; alternate work schedule |
Which of these factors are the most important to you? Pick three rewards and explain your answer. Are the rewards derived from intrinsic or extrinsic motivators? Are there any other rewards that you consider crucial but not listed here? Do you think rewards change for employees over time? If so, what might trigger these changes in motivation?
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