IMPACT OF MOTIVATION AND REWARDS
What type of rewards and recognition have the most significant impact on employee motivation and productivity levels?
Profit Sharing
Public recognition
Bonuses
All of the following are effective means of communicating employee motivation and reward programs EXCEPT:
a) Email
b) Employee Handbook
c) Employee coworkers
d) Company website
c) Employee coworkers
What's one major challenge managers face when trying to motivate employees?
a) Deciding on the best vacation spots for employees
b) Balancing personal recognition and team rewards
c) Create a team playlist
d) Deciding the lunch menu for team meetings
b) Balancing personal recognition and team rewards
A manager gives a hand written note to an employee after a job is done well. Which low-cost motivation strategy is being used?
Employee recognition program
How do different motivational theories influence the design of rewards systems to enhance employee productivity?
1. Rewards can be designed to address employee's levels of needs
2. Rewards can be designed to provide employees with the autonomy to make decisions
True or false:
The design and communication of motivation and employee rewards programs should flow top-down only.
False
Which of the following is a common issue managers face when implementing a reward system?
a) Employees demanding more coffee
b) Employees feeling rewards are unfair or inconsistent
c) Managers needing to wear superhero costumes
d) All of the above
b) Employees feeling rewards are unfair or inconsistent
In this reward strategy, management shares financial statements with employees, helping them understand how their work affects the company's performance and encourage better decision making. What is the reward strategy?
Open-book Management.
What are some potential drawbacks or unintended consequences of using rewards to motivate employees?
1. Employees will only work for recognition.
2. Employees will only work for recognition.
3. Employees will only be productive in areas where rewards are evident.
4. Employees will only be motivated by rewards.
All of the following are popular employee rewards programs EXCEPT:
a) Open-book management
b) Employee recognition
c) Pay-for-performance
d) Pay as you earn
d) Pay as you earn
Why might a reward system backfire in a workplace?
a) It encourages competition over collaboration
b) It makes employees think they are getting a trophy
c)It's hard to get employees to take the reward seriously
d) All of the above
a) It encourages competition over collaboration
Which reward strategy links compensation directly to specific performance outcomes?
pay-for-performance
How can organizations measure the effectiveness of their reward systems in enhancing employee productivity?
1. By setting strict timelines
2. Through feedback
3. Through engagement survey
True or false:
Based on reinforcement theory, the rewarding of employee behaviors with recognition, following the enactment of the behaviors, is very much likely to encourage its repetition.
True
What is a potential challenge for management when offering monetary rewards as motivation?
a) Not enough money in the budget
b) Employees might only be motivated by money and not other factors
c) Employees start spending it all on office snacks
d) It's hard to calculate exactly how much money employees need
b) Employees might only be motivated by money and not other factors
According to Maslow's theory, designing a reward system that offers opportunities for advancement, autonomy and personal growth helps fulfill this level. What is the level?