Hey guys,
I wrote another one!
Sorry, I never paid attention in my English class or appreciate the comments my teacher gave me. So now I'm desperate for your help! (AKA Sean and Simone, LOL)
The question is:
Some employers reward members of staff for their exceptional contribution to the company by giving them extra money. This practice can act as an incentive for some but may also have a negative impact on others.
To what extent is this style of management effective?
Are there better ways of encouraging employees to work hard?
My essay is:
In a world where competition is as great as ever, companies are constantly thinking of new ways to motivate their employees, but at the same time keeping their cost down. Many companies started to offer their employees cash bonuses, as an incentive for their contribution to the company. People have argued that by doing so, it seems to create a negative impact on other employees. But in the case of offering cash bonuses to employees, the pros seem to outweigh the cons.
It has been proven in many different situations that with incentives often come along motivation and commitment. If one broadens the scope of this case from companies to governments, one can see that democracy plays the role of companies that offers extra rewards while communism is against it, believing that everybody should be paid equally. The result of the communist government is evidently an unsuccessful concept as people do not have the motivation to work. In the other hand, countries that adopted democracy became quite successful.
Even though offering incentives seems to be an effective way to operate a business, it is not the only way to motivate the employees. There are also other ways to encourage employees to work harder; providing a better working environment, allowing the employees to make decisions on their own, and many others. As more and more companies are gradually realizing the importance of human resource management, far more ways of encouraging employees will be introduced.
As one can see that there are a lot of ways other than incentives that companies can offer their employees. But one have to ask oneself, which way is the most effective and cost-friendly? In this case, offering incentives seems to be the most effective way. Although the effectiveness of this method may vary from companies to companies, but a great percentage of companies should find it helpful. It is extremely important to find the right concept to operate one's company at the most efficient level and people should make this decision wisely.
I wrote another one!
Sorry, I never paid attention in my English class or appreciate the comments my teacher gave me. So now I'm desperate for your help! (AKA Sean and Simone, LOL)
The question is:
Some employers reward members of staff for their exceptional contribution to the company by giving them extra money. This practice can act as an incentive for some but may also have a negative impact on others.
To what extent is this style of management effective?
Are there better ways of encouraging employees to work hard?
My essay is:
In a world where competition is as great as ever, companies are constantly thinking of new ways to motivate their employees, but at the same time keeping their cost down. Many companies started to offer their employees cash bonuses, as an incentive for their contribution to the company. People have argued that by doing so, it seems to create a negative impact on other employees. But in the case of offering cash bonuses to employees, the pros seem to outweigh the cons.
It has been proven in many different situations that with incentives often come along motivation and commitment. If one broadens the scope of this case from companies to governments, one can see that democracy plays the role of companies that offers extra rewards while communism is against it, believing that everybody should be paid equally. The result of the communist government is evidently an unsuccessful concept as people do not have the motivation to work. In the other hand, countries that adopted democracy became quite successful.
Even though offering incentives seems to be an effective way to operate a business, it is not the only way to motivate the employees. There are also other ways to encourage employees to work harder; providing a better working environment, allowing the employees to make decisions on their own, and many others. As more and more companies are gradually realizing the importance of human resource management, far more ways of encouraging employees will be introduced.
As one can see that there are a lot of ways other than incentives that companies can offer their employees. But one have to ask oneself, which way is the most effective and cost-friendly? In this case, offering incentives seems to be the most effective way. Although the effectiveness of this method may vary from companies to companies, but a great percentage of companies should find it helpful. It is extremely important to find the right concept to operate one's company at the most efficient level and people should make this decision wisely.