Utilization of Compensation/Benefits Strategy and Programming for Employee Motivation

Yuxin Liu

Date of Award

6-5-2012

Document Type

Undergraduate Capstone Project

Degree Name

Master of Professional Studies

Organizational Unit

University College, Strategic Human Resources

Disciplines

Strategic HR Management

First Advisor

Richard Pochowicz

Keywords

Human resource strategy, Employee motivation, Employee satisfaction, Compensation, Benefit, Motivation crowding theory

Abstract

Because of the increased global competition, having motivated, high-performing employees is crucial to the business success of any company. For a long time, human resource managers have been trying to design a variety of compensation and benefits policies expected to motivate employees to work harder in order to maximize the utilization of human resources (Salem 2004). However, motivation as an extrinsic incentive factor may not always be effective to motivate employees (Frey and Jegen 2001). In this research the author examines why and how to use monetary and nonmonetary incentives compensation and benefits plans to inspire employee enthusiasm and indicates the efficiency and opportunities of using compensation and benefit plans to motivate top employees.

Publication Statement

Copyright is held by the author. Permanently suppressed.

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