Title

Utilization of Compensation/Benefits Strategy and Programming for Employee Motivation

Author

Yuxin Liu

Date of Award

6-5-2012

Document Type

Capstone Project

Disciplines

Strategic HR Management

Degree Name

Master of Professional Studies

Department

Strategic HR Management

Advisor

Richard Pochowicz

Keywords

Human Resource Strategy; Employee Motivation; Employee Satisfaction; Compensation and 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.

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