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Essay / Research Paper Abstract
This 11 page paper is written as three log entries. The first outlines why looking at motivations and rewards is interesting and the underlying theories that can be applied to the study. The second entry looks at the way this is seen in Starbucks, considering the different rewards that are offered and what they communicate to the employees. The last entry is a reflective entry, looking at the research and the theory and discussing general findings. The bibliography cites 10 sources.
Page Count:
11 pages (~225 words per page)
File: TS14_TElogreward.rtf
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Unformatted sample text from the term paper:
economic condition and employers are seeking to control costs, which may include looking at the way employees are motivated and then maximize the return they get for the investment they
make in labor. For many goods or services which are sold, the model of supply and demand is highly relevant, with the price increasing where the demand exceeds supply until
a new equilibrium point is reached, and the price decreasing where the supply exceeds demand until a new equilibrium point in reached (Nellis and Parker, 2000). This is seen in
all markets including the labor market, however, the actions and reactions of wages are not as fluid as other goods and services as there are constraints; many states will have
minimum wage requirements, in addition to this there are other elements beside supply and demand which will impact on wages, such as the attitude of the employer and the way
that the employer is treating the employees. Therefore, it is not simply a matter of cutting wages as unemployment increases and the labor supply exceeds the demand, it is also
understanding how to make the most of labor that is present, there are a number of theories that can be considered and a good fork to consider in this context
is Starbucks. This is an important subject as employers need to know how to make the most of their employees and maximize the productivity; it may help a business
survive in difficult time, and may also help to create a more pleasant workplace for the employer and the employees. Money is an important subject, to the concept of motivation
is best consider in the context of the way rewards are given. This means looking at motivation and the way that rewards are designed or used against motivation theory.
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