Employee Motivation - Bonuses and Incentives - Coursework Example

Typically, the majority of the companies' CEO in addition to the rest of the top executives receives some short-term incentives as well as bonuses in addition to their basic salary.... he short term incentives are associated with performance criteria and are driven by a certain formula all based on the role that the executive play.... nother form of compensation for the executives is a combination of cash with the company shares which in most cases are guided by the vesting restriction being a long-term form of incentives....

According to this theory, organizations or companies should, therefore, give various incentives to their employees so that they can actualize the basic needs in the hierarchy.... Managers or employers should realize that employees are at different levels of hierarchical needs thus they cannot be motivated in the same way thus employees should be given different sets of incentives based on their hierarchical needs (Maslow, 1943).... Related to incentives, money or financial remuneration/compensation has been one of the most cited motivating factors for employees among scholars....

The paper will draw support from a number of sources on employee motivation and rewards and also highlight some empirical observations on the subject from existing organizations.... … The paper “Financial incentives in the Workplace - Importance of Reward Systems, Types of Financial incentives”  is a  breathtaking example of a literature review on human resources.... The paper “Financial incentives in the Workplace - Importance of Reward Systems, Types of Financial incentives”  is a  breathtaking example of a literature review on human resources....

… The paper "Analysis of Khazana Jewellers" is a great example of a case study on management.... Khazana Jewellery is a retail outlet having its presence in South India.... With growth and diversification, the company has started to face certain problems in areas related to the workforce.... The policy of the company to hire the top management has backfired as the employees are not accepting it....

incentives may be offered for good sales performance, good production, or even timekeeping.... … The paper "Managing employee Relations and Reward" is an outstanding example of a management assignment.... The paper "Managing employee Relations and Reward" is an outstanding example of a management assignment.... The schemes are intended to motivate the employee and to encourage their commitment to the company thus increasing the productivity of the company (Fisher 2008)....

nbsp; Provide an example of an organization that is addressing employee motivation.... employee motivation is the center stage of most organizations in the contemporary business that is globalized in nature.... nbsp; Provide an example of an organization that is addressing employee motivation.... employee motivation is the center stage of most organizations in the contemporary business that is globalized in nature.... employee motivation: The Key to Effective Organizational Management in Nigeria....