Question: Chapter 9, Activity 2: Brainstorm to create a list of financial and nonfinancial methods that can be used by managers to motivate employees. You may

Chapter 9, Activity 2: Brainstorm to create a list of financial and nonfinancial methods that can be used by managers to motivate employees. You may come up with some creative ideas if you consider what makes you perform well in school. Estimate the cost of each of the methods listed. (For example, a pay raise of $1 per hour for a full-time employee will cost $2,080 per year for as long as the employee continues to work for the organization. A one-time bonus could cost a lump sum of $1,000 with no long-term consequences.) A continuing education program might cost $250 for registration and $500 or more for travel if it is presented in another city and requires a stay in a hotel. It is very likely all the methods listed can be used when an organization is in good financial health. Determine which of the methods on the list can be used during periods of austerity when budgets are tight. These will be the methods with a relatively low cost
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