Sample Essay on:
Developing a New Reward System

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Essay / Research Paper Abstract

This 10 page paper considers how a reward system can be developed for a company that will reward and motivate staff and help increase productivity. The paper looks at various theories of motivations and reward including scientific management and the human relations school of thought. The bibliography cites 7 sources.

Page Count:

10 pages (~225 words per page)

File: TS14_TEreward1.rtf

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Unformatted sample text from the term paper:

productive in output as well as with innovation. The company has many factors present which may indicate that the staff remaining may be de-motivated, such as the fall in staff numbers from 3,500 fifteen years ago to the current 1,500 indicating a gradual decline. The takeover by a multinational and the departure of the CEO only three months previously are all indicators of the potential for staff who are not motivated. There are several areas we can consider, the motivation and the reward should be considered, especially as each division has its own HRM and pay review procedures. The main use of motivations need to be based on recognition of the individuals and not only financial rewards. Recognition can be undertaken through the pay scheme, but to be more successful and to give long term results employees need to be to feel appreciated and recognised as individuals, this is unlikely to occur only through the payslips. To look at how and why this is the case we need to look at motivation theories. The idea of recognition only through the pay check may be reflected with the ideas of economic man. The difficulties of this approach are seen when the theories of Frederick Winslow Taylor and scientific management in action. Taylors theories were designed to put management in control, designing, using scientifically measured studies these, the most efficient work methods and then organising the and controlling workers to ensure maximum efficiency (Huczyniski et al, 1996). Job design would involve the standardisation procedures and tools, then the one best method would be dictated to the most suitable employee, should perform the task in their machine like manner. The tasks were broken down into the smallest components which would acquire the ...

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