OD Step 5-Incentives Flashcards
Basis of evaluation
a fundamental design choice of whether to base incentives on behavior or results
Behavior evaluation
measure of the adherence to work orders, standards, and/or rules; contrasts with results evaluation
Bonus-based pay
an incentive system where the rewards are based on results evaluation as executed by an individual
Group rewards
pay or other rewards which are given to the individual based upon a group’s behavior or results
Incentives
means or instruments designed to encourage certain actions or behavior on the part of employees, or groups of employees
Individual rewards
pay or other rewards which are given based upon the individual’s behavior or results
Personal pay
an incentive system where the rewards are based on behavior evaluation as executed by an individual
Profit sharing
an incentive system where the rewards are based on results evaluation as executed by the group of people within the unit of analysis
Results evaluation
measure of the outcomes of work or performance; contrasts with a behavior evaluation
Skill pay
an incentive system where the rewards are based on behavior evaluation as executed by the particular group of people within the unit of analysis
Target of incentives
a fundamental design choice of whether to base incentives on individual or group work