Motivation: Reward system and the role of compensation /на англ./

Firms must establish a philosophy about rewards and the role of pay in the mix of rewards.Rewards and motivation.Compensation systems: the dilemmas of practice.Gaining an employee’s satisfaction with the rewards given is not a simple matter.Finally, overall satisfaction results from a mix of rewards rather than from any single reward.From the organization’s point of view, rewards are intended to motivate certain behaviors.But under what conditions will rewards actually motivate employees?To be useful, rewards must be seen as timely and tied to effective performance.One theory suggests that the following conditions are necessary for employee motivation.Employees must feel that the rewards offered are attractive.