Unit 2: Non-financial Rewards and Methods Flashcards
What are the non-financial rewards?
- Job rotation
- Job enlargement
- Job enrichment
- Quality circles
- Team working
- Delegation
Job rotation
Increasing the variety in the workplace by allowing employees to switch from one task to another.
Advantage and disadvantage: Job rotation
- Prevents boredom. Multi-skilled workforce is a flexible workforce.
- Increased workload, reduced specialisation affects output and efficiency, increased training needs.
Job enlargement
Increasing or widening tasks to increase variety for employees.
Advantage and disadvantage: Job enlargement
- Prevents boredom.
- Less consistency of working on the same task can impact quality, increased training needs.
Job enrichment
Organising work so that employees are encouraged to use their full abilities.
Advantage and disadvantage: Job enrichment
- Feel more valued by their employer which increases job satisfaction, efficiency and engagement.
- Lack of training as staff are already ‘skilled’, increased workload.
Quality circles
Groups of employees who meet regularly to discuss work-related problems.
Advantage and disadvantage: Quality circles
- Employees feel empowered to provide solutions to their problems.
- Negativity spirals if solutions aren’t taken up or listened to.
Team working
Organising production so that groups of employees complete the whole unit of work.
Advantage and disadvantage: Team working
- Relationship building, efficiency from combining team skills.
- Only suitable for project based work.
Delegation
Passing responsibility to perform tasks to employees lower down the organisation.
Advantage and disadvantage: Delegation
- Upskills lower-level employees, empowerment to make decisions.
- Impact on quality or deadlines if insufficient support provided.
Fringe benefits
Non-cash rewards often used to recruit or retain employees and to recognise the status of certain employees.