Dr. Howard Peter Greenwald outlines the limitations of incentive-based pay in raising productivity. Individual incentives can be valuable in some organizational settings, but can lead to competition in others. Cooperation among individuals is crucial for maximizing productivity.
- Type of Content: In Practice
- Title: Pay and Performance: Why Pay Incentives May Not Raise Productivity
- Publisher: SAGE Publications, Ltd.
- Publication year: 2016
- Online pub date:
- Discipline: Business & Management
- Subject: Compensation Management, Performance Management, Motivation
- Duration: 00:07:13
- Keywords: business and management, compensation systems, competitive behavior, cooperation, cost of living, economics and work, emotion in the workplace, employee behavior, employee incentive plans, employment culture, incentive pay, intrinsic and extrinsic work motivation, job performance, job satisfaction, job satisfaction and general well-being, merit-based pay, mission, organizational strategy, pay and rewards, performance related pay, productivity, Social interactions at work, work motivation, work/life balance, work-life balance, workplace control, workplace culture
Academic: Howard Peter GreenwaldOnline ISBN:9781473988668Copyright: (c) SAGE Publications Ltd., 2016