Studied by 2 people
Piece rate payment systems
________- to maximize output through motivating workers to produce more.
Motivation
________: intrinsic and extrinsic factors that stimulate people to take actions that lead to achieving a goal.
Intrinsic motivation
________ comes from the satisfaction derived from working on and completing a task.
Hygiene factors
________: aspects of a workers job that have the potential to cause dissatisfaction, such as pay, working conditions, status and over- supervision by managers.
Job enlargement
________: attempting to increase the scope of a job by broadening or deepening the tasks undertaken.
Job rotation
________: practice of moving employees between different tasks to promote experience and variety.
Motivation
intrinsic and extrinsic factors that stimulate people to take actions that lead to achieving a goal
Piece-rate payment systems
to maximize output through motivating workers to produce more
Motivating factors (motivators)
aspects of a workers job that can lead to positive job satisfaction, such as achievement, recognition, meaningful and interesting work and advancement at work
Hygiene factors
aspects of a workers job that have the potential to cause dissatisfaction, such as pay, working conditions, status and over-supervision by managers
Wage
time-based wage rate and piece rate
Job enlargement
attempting to increase the scope of a job by broadening or deepening the tasks undertaken
Job enrichment
attempting to motivate employees by giving them opportunities to use the full range of their abilities
Job rotation
practice of moving employees between different tasks to promote experience and variety
Team working
production is organized so that groups of workers undertake complete units of work
Motivation
Intrinsic and extrinsic factors that stimulate people to take actions that lead to achieving a goal
Extrinsic motivation
Extrinsic motivation comes from external rewards associated with working on a task, for example pay and other benefits
Intrinsic motivation
Intrinsic motivation comes from the satisfaction derived from working on and completing a task
What is Taylor's theory called and what does it stands for?
Scientific management. It uses scientific methods to analyze the most efficient production process in order to increase productivity.
What is Maslow's theory called and what does it stands for?
Hierarchy of human needs. Our needs determine our actions - we will always try to satisfy them and we will be motivated to do so. If work can be organized so that we can satisfy some or all of our needs at work, then we will become more productive and satisfied.
What is Herzberg's theory called and what does it stands for?
Two-factor theory. He considered that the hygiene factors had to be addressed by management to prevent dissatisfaction, but even if they were in place, they would not, by themselves, create a well-motivated workforce.
Motivating factors (motivators)
Aspects of a worker's job that can lead to positive job satisfaction, such as achievement, recognition, meaningful and interesting work and advancement at work
Hygiene factors
Aspects of a worker's job that have the potential to cause dissatisfaction, such as pay, working conditions, status and over-supervision by managers
What is Adams' theory called and what does it stands for?Adams
Equity theory. His theory is built on the belief that employees become demotivated towards their jobs and employer, if they feel that their inputs are greater than their outputs. While many of these factors cannot be quantified, Adams argued that employers should attempt to achieve a fair balance between what the employee gives an organization and what they receive in return. If workers consider that their inputs are greater than the outputs received, they will move to try to redress this imbalance. When a balance is reached, then employees will consider their treatment to be fair and will respond with positive attitudes and high levels of motivation.
Inputs
Effort, loyalty, commitment, skill
Outputs
Financial rewards, recognition, security and sense of achievement
Job enlargement
Attempting to increase the scope of a job by broadening or deepening the tasks undertaken
Job enrichment
Attempting to motivate employees by giving them opportunities to use the full range of their abilities
Job redesign
Job redesign involves the restructuring of a job usually with employees' involvement and agreement to make work more interesting, satisfying and challenging
Job rotation
Practice of moving employees between different tasks to promote experience and variety
Team working
Production is organized so that groups of workers undertake complete units of work
Salary
Annual income that is usually paid on a monthly basis
Hourly wage rate
Payment to a worker made for each hour worked
Piece rate
Payment a to a worker for each unit produced
Commission
Payment to a sales person for each sale made
Performance-related pay
Bonus scheme to reward staff for above-average work performance
Profit-related pay (PRP)
Bonus for staff based on the profits of the business usually paid as a proportion of basic salary
Fringe benefits (perks)
Non-cash forms of reward - and there are many alternatives that can be used. They include company cars, free insurance and pension schemes, private health insurance, discounts on company products and low-interest rate loans. They are used by businesses in addition to normal payment systems in order to give status to higher-level employees and to recruit and retain the best staff.
