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Friday, February 12, 2010

MGT 503 Assignment Solution

1: What type of non-financial rewards could be offered by the WAPDA administrators to reinforce high employee performance?
Ans : WAPDA administrators can offer the following non-financial rewards to the employees.
a). Empowerment :-
Empowerment is like delegation. It is when power or authority is given to employees so they can make their own decisions regarding their working life. For instance workers have control over how to use their time and deciding the priority of tasks that need to be done. They are encouraged to consider problems they face and come up with some solutions.
b). Job enrichment:
- By Job enrichment the administration gives employees workers more interesting, challenging and complex tasks. Workers should also be given the opportunity to complete a whole unit of work rather than individual separate tasks.
c). Recognition. While money matters, people also require other rewards for their performance. Recognition of people's performance takes two forms: team and individual. When everyone has worked hard to complete a project, throw a little party or take everyone to lunch. There are endless inexpensive ways to recognize people's value including the simple thank you in the hall. Remember to give the recognition as quickly as possible after the accomplishment takes place.
d). Holidays
e).Free Health Care Facilities
f). Work Life Balance: This Work Life Balance training is the best benefit that WAPDA provided its employee.
2: What role does Equity theory play in the new system?
Ans : The Equity Theory of employee motivation describes the relationship between how fairly an employee perceives he is treated and how hard he is motivated to work. In a company an employee will take in to consideration that he is being treated in a fair manner if the ratio of his inputs to the outputs is equal to those around .Thus all else being equal, it would be acceptable for a senior employee or colleague to receive higher reward since the value of experience to output is higher. Dissatisfaction grows when people base their satisfaction for their job by making comparisons with themselves to the people they work with .The feeling of dissatisfaction results in employee feeling unappreciated and in case worthless .This is a direct contrast with the Equity theory .In it the theory is to have the rewards (outputs)to be directly related to quality and quantity an of the employees inputs .The workforce will realize that the organization is fair and observant and appreciative if both employees are rewarded the same.

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