ECON 1010 Lecture Notes - Lecture 3: Green Giant, Motivation, Reward System
12 Mar 2018
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Document Summary
Types of reward problems/behaviours: failure to produce desired behavior, production of desired behavior and undesirable consequences, production of reward dissatisfaction. Three key employee attitudes job satisfaction the attitude one holds toward one"s job and. Workplace work motivation the attitude one holds toward good job. Theoretical explanations of the compensation-employee behavior relationship: why do we have these kinds of problems. Procedural justice can be achieved if the pay system meets the following conditions: Procedures are applied uniformly to different jobs and time periods. Personal interests do not enter into application of the procedures. There must be procedures for employees to appeal pay system decisions. Application of procedures must be based on factual information. Accepted moral principles must guide application of the procedures. All affected employees must have an opportunity to express their concerns, which are given serious consideration by the organization. Consequences of reward dissatisfaction: attempt to increase rewards: find more rewarding job, acquire illicit rewards, demand higher pay/unionize.
