Non-Financial Rewards Flashcards
What’s job rotation?
Where staff change between a number of jobs (mainly in production) to keep their interest
Benefits of job rotation
Staff don’t get as bored
Get to learn different jobs and skills
If an employee is ill, then another member of staff can cover
Problems with job rotation
Jobs may be just as boring as eachother
Requires more training- expensive
What’s job enlargement?
When staff are given more tasks to do
Benefits of job enlargement
Job is more interesting
Feel more valued
Problems with job enlargement
More training- expensive
Staff can feel overloaded with work- demotivated
What is job enrichment?
Giving workers greater responsibility and more interesting, challenging tasks- supervising new staff etc
Benefits of job enrichment
More motivated worker- work harder
Find their work more interesting
Learn new skills
Problems with job enrichment
More training- expensive
Staff may want a pay rise- expensive
Staff can feel overloaded- demotivated
List 3 other types of incentive
Praise
Fear
Good leadership
Fringe Benefits
What are fringe benefits? Examples?
A reward that is not part of a workers main income
Company car, health insurance, gym membership etc
Expensive for the business