For many years firms have given financial rewards in an attempt to motivate employees and improve productivity

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Financial rewarding is a system employed by organisations to distribute money and other benefits in exchange for the employee's availability, proficiency and performance. Financial rewarding is a system that has proved to be successful in organisations as it motivates workers to work harder and have greater value for their workplace. (McShane and Travaglione, 2003),

Organisational rewards encompass rewards such as employee share ownership plans, share options and profit sharing plans, devising an innovative work/life program, on site fitness services and support for child- care, low health care costs, absenteeism rates and life insurance plans. (Greenberg and Baron, 1997)

As identified by McShane and Travaglione (2003), there are several organisational rewards, one in which is employee share ownership plans. This is a reward system that is based on encouraging employees to buy shares in the company. Employers are then rewarded through dividends and market appreciation.

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Job empowerment is described by Daft and Noe (2001) as the "newest trend" in motivation, where the delegation of power or authority is given to subordinates in an organisation. The increase of employee power enhances motivation for task accomplishment as people are able to improve their own effectiveness as well as being able to use their creativity.

. In almost every organisation, employees are rewarded for the status of their job in the organisation (McShane & Travaglione, 2003, pg. 187). Job evaluation motivates employees as it presents them with the opportunity to compete for positions higher up the organisational ...

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