Motivation: Methods Flashcards
1
Q
Remuneration
A
Money paid to employees for their work or services
2
Q
Time rates
A
Payment system based on the amount of time employees spend at work.
3
Q
Piece rate
A
Payment system where workers receive an amount of money for each unit produced.
4
Q
Performance-related pay
A
Payment system designed for non manual workers where pay increases are given if performances targets are met.
5
Q
Bonus systems
A
Payment in addition to the basic wage for reaching targets or in recognition for service.
6
Q
Commission
A
Payment based on the value of sales, usually a percentage of sales made.
7
Q
Fringe benefits
A
Perks over and above the normal wage or salary.
8
Q
Autonomy
A
Giving workers the authority to make choices and decisions about the way they work.
