OD Step 5-Incentives Flashcards

1
Q

Basis of evaluation

A

a fundamental design choice of whether to base incentives on behavior or results

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2
Q

Behavior evaluation

A

measure of the adherence to work orders, standards, and/or rules; contrasts with results evaluation

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3
Q

Bonus-based pay

A

an incentive system where the rewards are based on results evaluation as executed by an individual

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4
Q

Group rewards

A

pay or other rewards which are given to the individual based upon a group’s behavior or results

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5
Q

Incentives

A

means or instruments designed to encourage certain actions or behavior on the part of employees, or groups of employees

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6
Q

Individual rewards

A

pay or other rewards which are given based upon the individual’s behavior or results

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7
Q

Personal pay

A

an incentive system where the rewards are based on behavior evaluation as executed by an individual

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8
Q

Profit sharing

A

an incentive system where the rewards are based on results evaluation as executed by the group of people within the unit of analysis

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9
Q

Results evaluation

A

measure of the outcomes of work or performance; contrasts with a behavior evaluation

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10
Q

Skill pay

A

an incentive system where the rewards are based on behavior evaluation as executed by the particular group of people within the unit of analysis

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11
Q

Target of incentives

A

a fundamental design choice of whether to base incentives on individual or group work

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