Question: CASE STUDY Financial incentives play a key role in improving employee performance, so the company manager must be committed to developing appropriate incentive plans that
CASE STUDY
Financial incentives play a key role in improving employee performance, so the company manager must be committed to developing appropriate incentive plans that will encourage employees to be more targeted and improve their performance. Managers should also pay full attention to their employees and their work process. It must motivate its employees towards tasks. Financial incentives are highly effective in changing short-term behavior but are much less effective in changing longer-term behavior. In Australia Government is committed to assisting women and their families to make well informed choices about work. Womens economic participation has a positive effect on economic growth which is good for all Australians.
Direction: Read the below questions and answers accordingly a. Managements compensation plan can motivate and retain their employees. Explain on the various compensation policies that has to be followed by the organization to motivate the employees. Give examples. b. As Womens economic participation has a positive effect on economic growth , point out the justified factors on why the women employees get lower paid in organizations with examples. c. Do you agree the financial incentives motivate the employees more than the non- financial incentive? Examine with reasons types of incentive that could motivate on the employees. d. If an organization in Bahrain recruit a candidate from Australia, what are the factors should the managment consider in fixing the compensation package for the employee. e. If the employees from Australia is being relocated, list the current trends in having expatriate training for the candidate to fit with the organization work culture.
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