Motivation, Rewards Systems and Employeee Performance

Motivation, Rewards Systems and Employeee Performance Term Paper example
Masters
Term Paper
Marketing
Pages 5 (1255 words)
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Name Instructor Course Date Motivation, Rewards Systems and Employee Performance The corporate world is always engaged in stiff competition, and the overall performance is associated to many factors which human effort being the primary factor input. It is important to note that the overall performance of employees in any company is fueled by incentives which are a constituent of motivation…

Introduction

There is a strong relationship that exists between motivation, performance and reward systems in any social set up and the business organizations in specific. The reward system influences the behavior of the workers through motivation which in turn influences their effort and personal drive towards performing their duty with the goal of boosting the organizational output (Klarsfeld 170). With the current globalization pressure, the social, economic and political structure of the society has been redefined and the reward systems that were used long time ago are facing irrelevance hence need of reforms. Whereas most firms attached a lot of importance on quantifiable rewards with negligible concern on qualitative aspects, the current situation champions for quality as the greatest motivational aspect of individual performance. Taking the case of IKEA Company which is the leading furniture retail chain in the world that designs and sells ready-to-assemble furniture, appliances, and home accessories the concept of reward can be explored in depths. ...
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