Sunday, February 2, 2020
Case Analysis Memo Study Example | Topics and Well Written Essays - 500 words
Analysis Memo - Case Study Example The performance of employees is often found to be derailed by the threat of losing a job, but sometimes it may also prove as a driving force, for the employee to work hard and perform well for the survival. The status of the company mainly deals with it health, whether it has sufficient sources to balance the inputs and outputs, and does the company has enough revenue generation capacity to pay all the employees. Mistrust is another problem that was found prevalent among the employees of the company. The employees were often found complaining of problems with the pay bills and distribution of bonuses. They raised the issue of biasedness to be present among the ranks within the organization. The problem was of the transference. Employees were not aware of the proceedings that were carried out behind the scene, and the end of every month they found some discrepancy between what they expected to earn, and what they had actually earned. Another problem that was found closely associated with the level of mistrust among the employees was the absence of equality; rather the employees complained that there is unequal distribution of bonuses. Explicit rewards are those gains that can be measured. They are based on simple mathematics principles, where an individual is paid according to his or her performance. Further, a company can use an explicit reward scheme to motivate its employees, through setting clear bonuses, and defining the tasks. It is often observed that managers are too much occupied by traditional notions like presence and absence, they pay people for their regularity, but regularity is not always equal to productivity. The purpose of paying bonuses for regularity is to ensure the presence of individuals at the job site, and provide maximum output. However, employees may get regular but their productivity is found to be unsatisfactory. Giving autonomy to the employees can work in two ways it can work as a reward as well as motivator for better
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