Description
In preparation for this short paper, watch Drive: The
Surprising Truth About What Motivates Us()
(10:48) , as
well as the article "Why Incentive Plans Cannot Work" from the
Harvard Business Review coursepack.
1. Employee incentive plans are widely used in organizations to align employee
behavior toward the corporate strategy. Some experts argue that employee
incentive programs are not effective and may even be detrimental in some
instances. Argue your point of view regarding the effectiveness of employee
incentives and provide evidence to support your position.
2. Evaluate the effectiveness of an employer or another business’ performance
management system. How well does it meet the needs of the employees and of the
organization?
3. From a HR perspective, discuss your recommendations for improving performance
management systems and employee incentive programs to satisfy both employees
and employers. Make sure that your recommendations take corporate strategy into
consideration.
Explanation & Answer
Attached.
Performance Management and Employee Incentive Programs - Outline
Thesis statement: Performance Management and Employee Incentive Programs
1. Effectiveness of employee incentives
2. Effectiveness of an employer or another business’ performance management system
3. Recommendations for improving performance management systems and employee
incentive programs
Running head: PERFORMANCE MANAGEMENT
Performance Management and Employee Incentive Programs
Name
Institution
1
PERFORMANCE MANAGEMENT
2
Performance Management and Employee Incentive Programs
1. Employee incentive plans are widely used in organizations to align employee
behavior toward the corporate strategy. Some experts argue that employee
incentive programs are not effective and may even be detrimental in some
instances. Argue your point of view regarding the effectiveness of employee
incentives and provide evidence to support your position.
Several studies suggest that employment of reward system plans is a way of encouraging
both employee productivity and performance. It is important to note; however, that reward
system plans needs to be coupled up with effective human resources practices to ensure
employee productivity and a growing work environment. Effective employee reward systems
can considerably improve job performance. They can motivate employe...
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