If the work unit does not achieve its growth
objectivess, employees may receive as little of their target pay rate, if
objectives are met, workers recive bonus pay.
An attempt to give employees in comparable jobs&-those
of equal value to the employer&-similar levels of pay.
Comprehensive reward system that uses different
bases of pay to accomplish various objectives (e.g. retention, production,
Process in which employees identify and compare
personal costs and rewards to determine the point at which they are
System that varies an employee's pay in proportation
to some criterion of individuals, group, or organizational performance.
Of 1963, which affects employers who are engaged in
interstate commerce and most employees of federal, state, and local
Also Cafeteria benefits;Systems that allow
employees to select an indivdualized combitination of benefits.
Policy of giving employees a substanial portion of
the cost savings produced when their jobs are improved.
A program that establishes an historical base
period of organizational performance, measures improvements, and shares the
gains with employees on some formula basis.
Environment factors that are established for the
purpose of motivating a person.
Payments at a rate that allows employees to reach
standard output with less&-than&-normal effort.
Situation in which workers choose to produce less
than they could produce with nornal effort.
Process of evaluating the perforamnce of employees.
Unauthorized absences, early departures, extended
breeaks, work slowdowns, or actss off aggression and retalliation.
Reward system that pays employees according to the
number of acceptable pieces produced.
System that distrubutes the employees some portion
of thje profits from business.
Incentive program that pays employees for improvements
in labor costs that are better than standard.
Process of determining the standard output for each
Highly successful production&-sharing plan
that emphazines teamwork and active particapation.
The process of assking individuals to identify and
compare their strengths and weaknesses.
A system that rewards individual employees for what
they know how to do. Also known as knowledge&-based and multiskill pay.
Reward system that provides more pay for more