In this assignment, you will make recommendations for reward practices for improved organizational performance. Consider both intrinsic and extrinsic motivators and their related financial rewards (including pay & benefits), social rewards, and developmental rewards.
Instructions
Week 5 Project
In this assignment, you will make recommendations for reward practices for improved organizational performance. Consider both intrinsic and extrinsic motivators and their related financial rewards (including pay & benefits), social rewards, and developmental rewards.
Tasks:
- Explain the pros and cons for each reward: financial, social, and developmental
- Analyze how reward should be designed to reduce agency problems.
- Evaluate the role for human resources in developing and managing a reward system.
- Explain how the pay mix (pay & benefits) will exist (and why) between organizational levels (executives, managers, administrators, line employees.
Submission Details
- Present a 2- to 3-page paper in a Microsoft Word document formatted in APA style. Cite any sources using the APA guidelines.
- Name your file as SU_HRM5010_W5_Project_LastName_FirstName.