HRChapter12 - Course MGMT 331 Human Resources Management...

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Course MGMT 331: Human Resources Management Chapters 12: Organizational Reward System
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Organizational Rewards Intrinsic rewards: internal, more emotionally-focused such as job satisfaction, achievement, recognition, personal growth Extrinsic rewards: external, more materialistic-focused such as pay, incentive pay, fringe benefits, promotion
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Subjectivity of Rewards Rewards have to be considered ‘meaningful’ which differs from person to person, age to age group, company to company, country to country etc.
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Rewards to increase Performance and Job Satisfaction Performance [non-performance rewards such as seniority related ones with higher pay, holidays etc.] Job satisfaction Organizational moral and job attitude Relationships Satisfaction leads to higher performance Performance leads to higher satisfaction Rewards lead to higher satisfaction and to higher performance
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Pay for Performance: Preconditions Trust in Management
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This note was uploaded on 07/01/2011 for the course MGMT 331 taught by Professor Husseinchaitani during the Spring '11 term at American Dubai.

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HRChapter12 - Course MGMT 331 Human Resources Management...

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