Human Resource Management(MGT501) Spring 2014 Assignment No. 02 Due Date: August 03, 2014 Marks: 10

[Muhammad Jawad]

Human Resource Management(MGT501) Spring 2014
Assignment No. 02
Due Date: August 03, 2014  Marks: 10   
 
 
 
A new CEO of a telecommunications company knew that there has to be a better 
way to get his employees to be more productive. Earlier, this company had a good 
incentive program that those employees who produced well in accordance with 
established company goals would receive award at weekly, monthly and quarterly 
intervals. Something, however, was not working right. It appeared to CEO that after 
an award was given, productivity would slack off until the next major award was 
nearing. 
The CEO implemented his new system‐one in which no systematic process was in 
place to provide reward. Rather, he now takes it upon himself to administer the 
rewards as he sees fit. This means that employees don’t know when they may be 
rewarded but understand that any reward given is attributed solely to company 
profitability. 
Since its beginning, this unusual incentive plan has resulted in significant changes in 
the company. Productivity has shot up, while simultaneously work force has shrunk; 
company sales record  are being broken each  year;  and employees  are receiving 
more reward than ever before. One difference, however, is that these rewards are 
tailored to the unique needs of each employee; that is, rather than a rigid incentive 
plan whereby employees receive a similar reward, employees are now afford the 
opportunity  to  receive  what  they  want.  And  what  are some  of  these  tailored 
rewards? One employee got a five‐day, all‐expense‐paid trip to Dubai for the entire 
family; another got an expensive suit and a set of pearls for his wife; yet another 
got an expensive Laptop (portable personal computer). 
Questions: 
1. How CEO has  linked his self‐determined reward system to the motivation 
process? (5‐Marks) 
2. Would you consider new incentive plan to be fair, when one employee can 
get  a trip to Dubai for the  entire family, while  another  got  an  expensive 
Laptop (portable personal computer)? (5‐Marks) 
     
 
 
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[Muhammad Jawad]

Please see the attached file and discuss it.

[Muhammad Jawad]

A reward, tangible or intangible, is presented after the occurrence of an action (i.e. behavior) with the intention of causing the behavior to occur again. This is done byassociating positive meaning to the behavior. Studies show that if the person receives the reward immediately, the effect is greater, and decreases as delay lengthens. Repetitive action-reward combination can cause the action to become habit. Motivation comes from two sources: oneself, and other people. These two sources are called intrinsic motivation and extrinsic motivation, respectively.

[aslam ali MSCS]

CEO can link his self reward system with motivation due to performance appraisal  mean on the base of performance appraisal they can evaluate  the employee  and if any employee have right for reward so otherwise not so according this situation motivation level of the every employee will increase and they  move their direction in a positive way as in first circumstance as employee know that they  work hard when they think that the  time of reward is near

[SAHIB WAQAS]

plzzzzzzzzzzzzzz koi acha sa solution dde den pehle hud se ki thi just 2 marks die sir ne 

[M ɩ ɽ z ʌ イ タ り ɭ ʀ]

These following attached files of PPT will help you to understand the reward system to the motivation process

Regards

[+M.Tariq Malik]

Please Discuss here about this assignment.Thanks

Our main purpose here discussion not just Solution

We are here with you hands in hands to facilitate your learning and do not appreciate the idea of copying or replicating solutions.

[+M.Tariq Malik]

A reward, tangible or intangible, is presented after the occurrence of an action (i.e. behavior) with the intention of causing the behavior to occur again. This is done byassociating positive meaning to the behavior. Studies show that if the person receives the reward immediately, the effect is greater, and decreases as delay lengthens. Repetitive action-reward combination can cause the action to become habit. Motivation comes from two sources: oneself, and other people. These two sources are called intrinsic motivation and extrinsic motivation, respectively.

[+M.Tariq Malik]

CEO can link his self reward system with motivation due to performance appraisal mean on the base of performance appraisal they can evaluate the employee and if any employee have right for reward so otherwise not so according this situation motivation level of the every employee will increase and they move their direction in a positive way as in first circumstance as employee know that they work hard when they think that the time of reward is near

[+M.Tariq Malik]

 Q1 main i think linkage is tarah ki hai k motivation her individual ki apni apni hoti hai,kuch money say motivate hotay hain to kuch status or facilities say,koi respect say motivate hota hai to koi power say so CEO nay her aik ki unique motivation ko concerning reagrd say motivate kia hai.Before this aik general rule tha motivation ka k sab ko money or reward day dia jata hai and incase aik workerk pas already acha bank balance hai to us k liay motivation ni thi reward system

[+M.Tariq Malik]

Q2 i think fair system hai as per written a scenario each worker is getting as per his/her wish so any one can wish for reward if he/she fulfill the criteria

[+M.Tariq Malik]

surely there will be certain limits for rewarding employees which are at different skill levels but motivating the employees as per their needs and wants is fair system

[+M.Tariq Malik]

 Q1 main i think linkage is tarah ki hai k motivation her individual ki apni apni hoti hai,kuch money say motivate hotay hain to kuch status or facilities say,koi respect say motivate hota hai to koi power say so CEO nay her aik ki unique motivation ko concerning reagrd say motivate kia hai.Before this aik general rule tha motivation ka k sab ko money or reward day dia jata hai and incase aik workerk pas already acha bank balance hai to us k liay motivation ni thi reward system