It is important for employees to be paid on time

Introduction One of the most crucial tasks in running an organization is completing payroll. What is important for many employees is the pay they bring home at the end of the month. If their pay is late, then employees will start to question the financial veracity of the organization. The result is that employees will start to care less about their job and will start underperforming if they feel their job is not secure. With that said, organizations should strive to pay their employees in a timely fashion in order to keep their employees satisfied and their morale high. Employee satisfaction is fundamental to the success of any organization. A high rate of employee satisfaction is directly related to a lower turnover rate. Therefore, keeping employees satisfied by paying them on time should be a major priority for every organization. While this is a well known fact in management practices, some organizations seem to ignore it. In this paper I will argue that employee pay is not directly related to employee satisfaction and motivation, and a failure to compensate employees fairly and on time will not result to unhappy employees and an unmotivated workforce. I will refer to several sources to argue my standpoint that employee pay is related to employee satisfaction and motivation.
Main Body The use of monetary incentives is primarily based on reinforcement theory. This theory focuses on the correlation between a target behavior such as work performance and its consequences such as employee motivation and pay, and is premised on the techniques and principles of organizational behavior modification (Gregory 2011). Organizational behavior modification is a framework within which the behaviors of employees are recognized, measured, and evaluated with regard to their functional consequences, that is, existing reinforcements and where an intervention is designed using principles of reinforcement, rewarding performance with pay improves numerous management