MHR 505 Lecture Notes - Lecture 2: Job Rotation, Frederick Winslow Taylor, Social Cognitive Theory

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Lecture 2 - chapter 6: applied performance practices. Shopify developed one of the world"s most popular ecommerce platforms, has a highly motivated workforce due mainly to enriched jobs and rewards aligned with the company"s success. Symbol of achievement/status; motivator; performance indicator; anxiety source/avoider. Strong money ethic when money perceived as: Gender differences - more valued by men. Men: money is a symbol of power/status. Seen in a lot of companies today. Basically the longer you work there, the higher your rewards. Potential golden handcuffs (tie people to job) For example: teachers in high school get paid more depending on how long they teach. Multiskilled work force, better quality, creativity, adaptability. Lee valley tools, the iconic ottawa-based manufacturer and retailer of quality woodworking and gardening tools, has a profit. Sharing plan that aligns employees behaviour with the company"s success performance -based rewards (find in textbook the definition of each) Good for employee since they get more money,

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