Comparative Study on Management Rewards Cover Image

Comparative Study on Management Rewards
Comparative Study on Management Rewards

Author(s): Daniela Coloiu Cretu, Balan Lacramioara Corches, Belciug Adrian Vintilescu
Subject(s): Business Economy / Management, Organizational Psychology, Behaviorism, Human Resources in Economy
Published by: EDITURA ASE
Keywords: Maslow's theory; rewards management; statistical analysis; needs;

Summary/Abstract: Human nature is extremely variable, and that determines the existence of an extremely broad spectrum of beliefs, needs and interests specific to each person. It is therefore very difficult to bring this range of objectives into the organization, the more so as each organization, in turn, act in a certain level, being influenced by external factors. For each organization there is a specific definition of organizational context, specific and strictly limited, both by internal variables and external ones. Therefore, while human needs are broadly similar, specific performance is obtained by each organization separately. Granting awards to employees, both public and private but can be a powerful tool to achieve the objectives of the organization but also a major element of expenditure. Thus, identifying levers that can lead to maximize the organization’s objectives and use a transparent means of allocating resources, can lead to an increased efficiency. The purpose of this study is to identify, on the basis of a questionnaire, which are the key elements that motivate a person, how these needs vary with age, sex and identify a package of rewards that are liked and desired by employees, having as a starting point the classification made by Maslow to the needs. Thus, in the study were performed quantitative analysis using various statistical tools of analysis. The study concludes that only by using all the levers available, levers designed to activate all four types of motivations, the managers may obtain the desired performance.

  • Issue Year: 10/2009
  • Issue No: S2
  • Page Range: 938-945
  • Page Count: 8
  • Language: English