Incentives, Motivation and Workplace Performance

Vendor Registration: required

Overview: Controversy and uncertainty have characterized the issue of using incentives to improve workplace performance. Organizations in the United States spend an estimated $117 billion annually on work-related incentives programs, because of confusion in the research and a lack of systematically documented incentive workplace practices, organizations tend to implement incentive systems without a clear understanding of the factors that increase the positive effects and eliminate negative consequences. This study makes a significant contribution towards addressing many of the myths, uncertainties and controversies surrounding the relationship between incentives, motivation and workplace performance. Incentives positively and strongly influence workplace performance, the value workers attribute to goal achievement and emotional commitment to reach goals and increase performance. They also appear to enhance loyalty to the organization. To achieve incentive system success, the company should focus on implementation and communication. A great deal of research is still required to uncover details in the links between incentives, motivation and workplace performance. This study offers an initial comprehensive and research-based approach for developing one’s own unique, effective incentive system.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 171KB | Date: Jan 2002 | Pages: 5