Organizational behaviour - Chapter 6 Flashcards
what are the four specific objectives that financial rewards can come in?
Membership and seniority
job status
comptencies
performance
calculates bonuses from the work unit’s cost savings and productivity improvement
gainsharing plan
organizational rewards that encourage employees to buy company stock, usually at a discounted price
Employee share ownership plans (ESOP)s
give employees the right to purchase company shares at a predetermined price up to a fixed expiration date
share options
employees receive a percentage of the previous year’s company profits
profit-sharing plan
what are some strategies to improve reward effectiveness?
link rewards to performance ensure rewards are relevant use team rewards for interdependent jobs ensure that rewards are valued watch out for unintended consequences
the process of assigning tasks to a job, including the interdependency of those tasks with other jobs
job design
occurs when the work required to serve a customer - or provide any other product or service - subdivided into serpate jobs assigned to different people
job specialization
the time required to complete the task before starting over with another item or client
cycle time
what are the benefits of job specialization?
- increased work efficiency
- employees can become proficient more quickly in specialized jobs
- shorter work cycles give employees more freuqent practice with the task
- specialization tends to increase work efficiency by allowing employees with specific aptitudes or skills to be matched more precisely to the jobs for which they are best suited
consists of a toolkit of activities. some of these interventions - employee selecion, training, goal setting and work incentives.
Scientific management
proposes that employees experience job satisfaction when they fulfil growth and esteem needs and they experience dissatisfaction when they have poor working conditions
motivator-hygiene theory
identifies five core job dimensions that produce three psychological states
job characteristic model
what are the 5 core job characteristics
skill variety task identity task significance autonomy job feedback
refers to the use of different skills and talents to complete a variety of work activities
skill variety