Employee Incentives

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yuhagre1988

Business Finance

Description

Assignment 2: Employee Incentives

For this assignment, you are to use the text, the Argosy University online library resources and the Internet to research the use of incentives in motivating employees. Find an organization with a form of incentive you consider highly motivating. Find an organization within your current industry or an industry where you would like to be employed in the future. Submit a report in which you describe, analyze and evaluate the incentive plan of your chosen company. Include the following in your report:

  1. Description of company, industry and incentive plan.
  2. Distinguish why you think this particular plan is highly motivating and explain how it stimulates employee productivity. Connect the plan to one or more models of motivation.
  3. Evaluate how well the incentive plan supports a well-aligned compensation plan and how the plan aligns the employees’ efforts to the organization’s mission and objectives.
  4. Explain how this plan helps with the supervision, retention, and recruitment of employees.
  5. Determine which of the following you feel would be the most valid format for performance appraisal to use with this incentive plan---standard ranking, paired-comparison ranking, standard rating scales, behaviorally-anchored rating scales, Management by Objectives or essay.

Justify your responses with reasons and examples. Cite scholarly sources.

To complete this assignment, submit a 3–5 page report in Word format. Apply APA standards for writing style to your work.

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Explanation & Answer

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Running head: EMPLOYEE INCENTIVES

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Employee Incentives
Name
Tutor
Institution
Course
Date

EMPLOYEE INCENTIVES

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Google Inc.

Description of the company and Industry
Google Inc. is a US based technology company which offers various internet related
products and services including search engine services, YouTube video streaming services,
online advertising technologies, cloud computing, and hardware products. The company was
founded in 1998 as a search engine, but later diversified to other technology markets. For
each of its segments, Google operates in a certain industry and competes with various
companies. In the search engine industry, the company competes with Microsoft, Yahoo, and
AOL. The company also offers entertainment services and social networking services where
it closely competes with Facebook and Twitter. Google’s highest revenues are generated
from its search engine, with the company currently handling at least 70% of all online
searches globally. The company, whose headquarters are in Mountain View, California, has
employed more than 80,000 employees globally.
Employee Incentive plan
Google has always been ranked among the best employers in the US. Currently, the
company offers various monetary and non-monetary incentives meant to recognize and
reward employees. These ince...


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