Question: Reward systems are often regarded as a key approach to ensuring a results oriented outcome to strategy execution. Pay-for-performance evaluation systems are typically thought of
Reward systems are often regarded as a key approach to ensuring a results oriented outcome to strategy execution. Pay-for-performance evaluation systems are typically thought of as an effective reward and outcome link.
An employee is awarded significantly for producing strong performance results; however, pay-for-performance does not work for everyone and every position in an organization. Considering that the workforce in an organization could be extremely diverse with many generations represented in the workforce, discuss in detail the reward systems identifying different techniques and approaches that would appeal specifically to a diverse workforce. Reflect on different populations, whether these are millennials, generations X’s or Y’s, or the baby boomers who are still in the workforce.
Identify and analyze the most important reward systems for each of the four generations mentioned in this discussion question. How to view, edit, and reply to a discussion (Links to an external site.) (video) How to view, edit, and reply to a discussion (Links to an external site.) (video) Will need two responses as well. https://www.youtube.com/watch?v=gdocwO45i_k&feature=youtu.be
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Introduction In todays competitive business environment employers are looking at improvements in quality while on the other hand reducing operational costs Meanwhile the very strong economy has cumula... View full answer
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