Discussion Question - Assignment Example

Only on StudentShare

Extract of sample
Discussion Question

I recommend an equity based rewards program. An equity based reads program is not the same as an equal rewards program. In an equity based rewards program the rewards outcomes are not equal for all employees. Instead the rewards are apparently fair in terms of the contributions made by the employees, or groups of employees, such as teams. Thus, in the rewards program recommended by me the pay is not equal for employees, the raise in pay is not equal across all employees, the perks received are not the same, and promotions are not based on any time scale that makes the opportunities for promotion the same for all employees. In my recommended rewards program, all these elements of a rewards program are dispensed on the basis of contribution to the performance of the company. In other words, the employees or group of employees that contributes more gets more. In the development of my rewards program I have drawn support from the equity theory in the distribution of rewards to employees. Employees do not feel that they are being discriminated against in the distribution of rewards, when it is clear to them that the employees or groups of employees who have received more are the same employees who have made larger contributions to the performance of the organization (Phillips & Gully, 2011).
Psychologically Healthy Workplace Program. (2008). Making Teamwork Rewarding. Retrieved from, Good Company, 2(4), Web Site: http://www.phwa.org/resources/goodcompany/newsletter/article/48 (Accessed April 26, ...Show more

Summary

Rewards practices in organizations that rely on employee based performance contributions to the organization are essentially through increase…
Author : lennie32
Save Your Time for More Important Things
Let us write or edit the assignment on your topic
"Discussion Question"
with a personal 20% discount.
Grab the best paper

Related Essays

DISCUSSION QUESTION RESPONSE
As you stated, feedback may come in a variety of ways. Asking for clarification is an ingenious way of giving a feedback. It simply tells the sender that you understand
1 pages (250 words) Essay
DISCUSSION QUESTION RESPONSE
The tool is advantageous in that one can share work and collaborate it from any web browser. The tool allows the person to pull from thousands of templates available in the wide public templates pool of Google. The tool allows the importation of videos, slides, and tables
1 pages (250 words) Essay
Discussion Question
According to Eric Jackson, Schmitt “was fond of demonstrating his ability to sort out difficult issues in a flash” (Jackson, 2012). Schmitt is an example of a leader who thinks that he has all the
1 pages (250 words) Assignment
Discussion Question 2 Week 7
One will also look into the possibility of marketing it through Amazon.com to reach a wider market. This distribution strategy is cost effective rather than setting up a store, which is more
1 pages (250 words) Assignment
Discussion Question 1 Week 10
With the capital infusion from the venture capitalist, the business will be revived and may even gear up for expansion. Unlike debt capital, equity capital is
1 pages (250 words) Assignment
Discussion question
Body piercing has become the self-expression, reclamation or enhancement tactic in current society. In most societies, the habit of body piercing is all over, mainly among young citizens, who are getting
1 pages (250 words) Coursework
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT