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Reward Systems in Organisations

Reward Systems in Organisations. What reward systems do organisations put in place and which one proves to be the most effective one?. b y Axel, Besnik , Fiodor , Ilkmen , Julian. Rationale and Research Objectives - Personal work experience - Find the most efficient reward system.

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Reward Systems in Organisations

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  1. Reward Systems in Organisations What reward systems do organisations put in place and which one proves to be the most effective one? by Axel, Besnik, Fiodor, Ilkmen, Julian

  2. Rationale and Research Objectives- Personal work experience- Find the most efficient reward system Methodology • Personal experiences • Textbooks and journals - Michael Armstrong, Mullins, Robbins, Thomas Wilson • CIPD podcasts 4. Two case studies 5. Survey ...if we’re doing this slide

  3. Findings Content Theories main authors: Maslow, Herzberg, Alderfer, McClelland and McGregor -> the groundwork, but… Process Theories • Focus on psychological forces that affect motivation as well as on basic needs. • The three main process theories are; Equity Theory (Adams, 1965), Expectancy Theory (Vroom, 1964 and Porter and Lawler, 1968), and Goal-Setting Theory (Latham and Locke, 1979). • Goal-Setting Theory: Effective when dealing with simple tasks but has limitations

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