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Essay

How employees can be motivated to higher levels of performance by better compensation packages

Essay specific features

 

Issue:

Business

 

Written by:

Don M

 

Date added:

September 16, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1634

 

Was viewed:

660 times

 

Rating of current essay:

 
Essay content:

Relating motivation and compensation packages is Frederick Herzberg’s two-factor theory. There are two components to motivation and they are intrinsic motivation and extrinsic motivation (Calder and Staw 1975). Extrinsic motivation is motivation gained by externally influenced needs and is therefore for example stimulated by monetary rewards (Frey 1997)...
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Intrinsic motivation indicates that under certain conditions, employees are prepared to undertake a task for immediate need satisfaction or for its own sake (Calder and Staw 1975). For the purpose of this report, the writer shall focus on extrinsic motivation as it links to compensation packages. Employees typically receive three kinds of compensation rewards from their employing organizations: base pay, benefits and performance pay (Igalens and Roussel 1999; Naresh 1998)...
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General issues of this essay:
employee benefits A Comparison Of Options, Restricted Stock, And Cash For Employee Compensation Benefits of the world Trade Organization Employee Benefits Required By Law Employee Benefits in today's world Employee Benefits: Employee Rewards System employee benefits Full Benefits For All Employees How employees can be motivated to higher levels of performance by better compensation packages Is Ceo Compensation Justified by Performance Salesforce Organization & Compensation Importance And Roles Of Employee Compensation two types of options commonly used as employee compensation Employee Rewards Introduction
 

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