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A. pay for performanceB. pay for knowledgeC.gainsharingD. profit sharingE. stock optionsGainsharing is the distribution of savings or "gains" to groups of employees who reduced costs and increased measurable productivity.AACSB: Analytical ThinkingAccessibility: Keyboard NavigationBlooms: ApplyDifficulty: 3 HardLearning Objective: 12-06 How can I use compensation and other rewards to motivate people?Topic: Compensation
136.Daniel teaches sixth grade at a local elementary school. He significantly increased his salary by earning a master's degree in education. This is an example of _____. A. pay for performanceB. profit sharingC. a bonusD.pay for knowledge or skill based payE. gainsharingAlso known as skill-based pay, pay for knowledge ties employee pay to the number of job-relevant skills or academic degrees they earn. The teaching profession is an example; elementary and secondary teachers are encouraged to increase their salaries by earning further college credit.AACSB: Analytical ThinkingAccessibility: Keyboard NavigationBlooms: ApplyDifficulty: 3 HardLearning Objective: 12-06 How can I use compensation and other rewards to motivate people?Topic: Compensation137.Which of the following is nota practice used to create a flexible workplace? A. job sharingB.gainsharingC. telecommutingD. part-time workE. compressed workweeksThere is a whole class of nonmonetary incentives to attract, retain, and motivate employees. The foremost example is the flexible workplace, including part-time work, flextime, compressed workweek, job sharing, and telecommuting.AACSB: Analytical ThinkingAccessibility: Keyboard NavigationBlooms: UnderstandDifficulty: 2 MediumLearning Objective: 12-06 How can I use compensation and other rewards to motivate people?Topic: Nonmonetary Motivation
Essay Questions 138.What is motivation, and why is it important for managers to understand how motivation works? What do managers need to motivate people to do? Motivation is the psychological processes that arouse and direct goal-directed behavior. Managers can use this information to help them guide employees to accomplish the organization's objectives. Managers motivate people to join employers, stay at the organization, show up for work, perform better, and do extra for the organization.AACSB: Analytical ThinkingBlooms: UnderstandDifficulty: 2 MediumLearning Objective: 12-01 What's the motivation for studying motivation?Topic: Motivation139.Explain a need-based perspective on motivation. Identify two of this type of theory, and list the needs that each includes. A need-based perspective on motivation is one that concentrates on the psychological or physiological deficiencies that arouse behavior. Theories include:1. Maslow's hierarchy of needs: self-actualization, esteem, love, safety, and physiological needs.