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Motivate and Reward

Performance Appraisal and Incentive Systems for Business Success

Motivation, ability and potential for development are crucial for performance and the achievement of objectives. The author, from his extensive management experience at Unilever, the leading multinational corporation, demonstrates the importance of the link between motivation, assessment of performance and potential, and reward and incentive strategies. It is only by getting this relationship right that the company can achieve business success.

Motivation, ability and potential for development are crucial for performance and the achievement of objectives.

The Reward and Recognition Process in Total Quality Management

Author Stephen B. Knouse does not consider reward and recognition to be a static set of principles, but rather a continually evolving process. This process diversifies into new areas, such as motivation, leadership, group dynamics, and other areas of behavior. In this way, TQM can be responsive to both its internal and external customers. Knouse also explains how to integrate the characteristics of the reward and recognition process with TQM. TQM emphasizes important psychological concepts, such as cultural change, leadership, and teamwork. However, very little has been written about the psychological theory behind these concepts. This book provides psychological frameworks for understanding the reward and recognition process. As a result, the idea of motivation and its importance to reward and recognition becomes clearer. Employee motivation within any organization must also be managed carefully in order to achieve optimal effectiveness. Various motivation principles used within the TQM organization are detailed to provide a thorough understanding of these key practices. Motivational theories are illustrated and explained in basic terms, so the importance of these critical issues shows why reward and recognition will work in a quality environment. Many organizational examples of reward and recognition within the manufacturing, service, public, and international sectors are also presented to further demonstrate the motivational techniques as they relate to what other successful TQM organizations are doing. Companies share effective reward and recognition techniques. Effective performance evaluation is behind any reward and recognition program. A performance evaluation system for TQM requires that performance criteria be established that support the quality and customer orientation of the organization. This book shows how to create and maintain those criteria. It also presents some of the unique pitfalls of performance evaluations and offers specific and successful ways to avoid them. Each chapter includes techniques for improving the reward and recognition process. Workforce diversity is an important issue in today's organizational environment. Diversity relates to a variety of characteristics, such as mutual respect, acceptance, and teamwork Knouse identifies and discusses these and many other important emerging issues. He suggests new directions that can link reward and recognition to the role of charismatic leadership, competition, and prestigious quality awards. These will all have an impact on the workforce and TQM in the future.

However, very little has been written about the psychological theory behind these concepts. This book provides psychological frameworks for understanding the reward and recognition process.

How to Recognize and Reward Employees

150 Ways to Inspire Peak Performance

Recognizing and rewarding employees is a true business imperative no manager can afford to ignore. Now in a revised second edition, "How to Recognize & Reward Employees" gives managers all the helpful tools and information they need to get the most from their people. The book reveals the best ways to improve employee morale, productivity and quality of work, select the right reward for the achievement and inspire both high and low performers. It is an essential reference for every organization.

The book reveals the best ways to improve employee morale, productivity and quality of work, select the right reward for the achievement and inspire both high and low performers. It is an essential reference for every organization.

Strategic Reward Systems

This text draws together thinking and practice in reward management. It focuses on the relationship of reward policy and practice to strategy, while contributions illustrate the theoretical links between reward and other fields of interest, such as motivation, labour economics and economic policy.

This text draws together thinking and practice in reward management.

Senior Executive Reward

Key Models and Practices

Executive pay remains a contentious topic for many organizations. Unfortunately for company executives, much of the writing about it is either sensationalist or highly academic; none of it much help to the reader looking for a balanced and informed view of the subject. Sandy Pepper provides company executives, investors, and advisers with a summary of the main theories (from economics, game theory and the behavioural sciences) and best practices (in corporate governance, tax, accounting, compliance and so on) that relate to the compensation of senior executives. He also reviews the current state of corporate governance as it affects executive reward in Europe and the US. And he backs the text up with case study examples. Senior Executive Reward is an intelligent, practical and balanced explanation of the basis on which modern executives are compensated - and why. It is must-have reading for anyone who is interested in the complex and often controversial topic of executive pay, particularly remuneration committee members, professional advisers and senior executives anxious to understand for themselves (and explain to others) the basis on which they are rewarded.

He also reviews the current state of corporate governance as it affects executive reward in Europe and the US. And he backs the text up with case study examples.

365 Ways to Motivate and Reward Your Employees Every Day

With Little Or No Money

Do you know what motivates your employees? According to a recent survey, money is not the most motivating factor for employees in the workplace — it’s their peers. Is that the case for your staff? In this newly revised edition of 365 Ways to Motivate and Reward Your Employees Every Day — With Little or No Money, we have new surveys, techniques, and ideas that will help you figure out how to motivate your employees. In this second edition, we discuss the different motivators — internal and external — that get your employees up and going every day. A recent study from the Society of Human Resource Management found that both materialistic and non-materialistic factors play a large part in employee motivation. Things like recognition, rewards, and a good, respectful senior management team are just a few of the recommendations you will read about. By book’s end, you should know how to distinguish between those factors and apply them when your employees feel a little more sluggish than usual. Do not be the norm and force your employees into an activity or program that does not match your workplace environment. Take the time to figure out what motivates your employees and why, and make sure to pay close attention to the new ideas about incorporating technology into your workplace. This book is filled with updated information and innovative ideas that can help you figure out how to motivate your employees successfully today.

This book is filled with updated information and innovative ideas that can help you figure out how to motivate your employees successfully today.

Reward Management

Reward Management is a practical guide to understanding and implementing really effective reward strategies in your organization. It offers a complete overview of the field and how to align your approach to reward management with the HR and broader organizational strategy. Tailored to the needs of practitioners, it uses a combination of practical tools, scenarios and case studies to cover key areas including pay grades and structure, job evaluation, pay reviews, bonus plans, non-cash reward, benefits, tax issues and much more. Aligning reward with the strategic objectives of the organization it will equip you with the skills you need to plan, implement and assess a reward strategy. Reward Management is part of the brand new HR Fundamentals series, offering practical advice to HR professionals starting out in their career, completing CPD training or studying for their professional qualifications with the CIPD.

Reward Management is a practical guide to understanding and implementing really effective reward strategies in your organization.

Strategic Reward Management

Design, Implementation, and Evaluation

This book is a summary in a readings format of what the author has learned about strategic-reward systems. The collected material draws heavily on empirical research to guide the author's conclusions. The book contains 26 articles, which are divided into 10 topical areas: (1) "Introduction"; (2) "Pay and the Changing Business Context"; (3) "Pay in New Business Environments"; (4) "Strategic Pay Issues"; (5) "From Job Evaluation to Work Evaluation"; (6) "Team Pay"; (7) "Merit Pay Revisited"; (8) "Competency Pay"; (9) "Pay System Evaluation"; and (10) "Conclusions & The Future of Strategic Rewards." In order for strategic-reward programs to be effective, they must be carefully managed. The design, implementation, and evaluation issues raised in this book need to be carefully considered. Plans need to be administered in a manner consistent with their intent. Reward systems are doomed to fail when they are taken off the shelf and simply "administered" rather than developed specifically to the needs of the organization and then managed. Research on these programs clearly shows the positive impact of these plans on organizational effectiveness when they are implemented well. In addition, strategic-reward management holds great promise as a method of compensation for nontraditional reward environments, such as public sector, not-for-profit, unionized organizations. An index concludes this book. (Each chapter contains references.) (RT)

This book is a summary in a readings format of what the author has learned about strategic-reward systems.