Learning Memo #2: The Compensation Package Vera Li LIRUD23 Fraser International College BUS272 Steven Gibson March 19‚ 2013 A vice-president of marketing is one of the top professionals in Telus who supervises‚ directs and develops strategies for all marketing programs. A compensation Package should includes salaries‚ profit-sharing and bonuses‚ paid annual leave‚ and nonmonetary benefits. Generally a vice-president receives a base salary‚ as well as other forms of compensation
Premium Marketing Salary Profit
MOTIVATION IN ORGANIZATION “Motivation refers to the force that cause people to behave in a certain way.” *(Psychological) forces acting on a person that initiate (begin) and direct behavior REWARDS: INSTRINSIC REWARDS The satisfaction received in the process of performing an action. Completion of complex task may give pleasant feelings or solving a problem that benefits other may fulfill person’s mission. A reward given by another person. Promotion Pay increase FOUNDATION OF MOTIVATION Different
Premium Motivation Maslow's hierarchy of needs
MOTIVATION STRATEGIES 1. Intrinsic motivation “Intrinsic motivation refers to motivation without any apparent external reward” ( Marsh (2004) pg 34) 2. Extrinsic motivation In technical terms we can refer to reinforcement ‚which is the external stimulus that follows as a result of a certain response.If it is a positive reinforcer then the stimulus or event results in improved learning.(Marsh (2004) pg 35) 3. Self Esteem A number of educators assert that
Premium Motivation Reward system
practical data‚ knowledge and experience. Grameenphone limited is a place where we would learn their telecommunicating service and their employee motivation policy. We faced a lot of problems to organize this term paper and I tried my best to fulfill this term paper. As instructed in the course schedule‚ we had to prepare a term paper of “Employee Motivation of Grameenphone Limited “supervised of Dr. Md. Morshed Hasan Khan‚ Faculty of Business Studies‚ Jahangirnagar University. Objective:
Premium Motivation Maslow's hierarchy of needs
Motivation in the Workplace University of La Verne Motivation in the Workplace The term motivation on its own can be defined in various ways‚ we can define motivation in its psychological aspect by looking into where motivation stems from and what makes people act in a certain way rather than in another. Motivation in a psychological point of view is concerned with determining why people act the way they do and what factors impact the behavior of human beings in general. On the
Premium Motivation Maslow's hierarchy of needs
Starbuck’s Commitment and Communication Starbucks has many different commitments and communications‚ but here it will discuss the different leadership styles‚ different sources of power and how it affects group communication‚ motivational theories and the commitment of the workforce. Leadership style is an approach of giving direction‚ motivating people and implementing plans. As there are many leaders‚ there are different leadership styles. A good leader uses the right leadership style
Premium Motivation Leadership
The Wisdom of My Crowd: Motivation and Audience in Enterprise Social Tagging Jennifer Thom-Santelli Cornell University‚ HCI Group 301 College Avenue Ithaca‚ NY USA 14850 +1 607 255 7826 Michael J. Muller IBM Research One Rogers Street Cambridge‚ MA USA 02142 +1 617 693 4235 jt17@cornell.edu michael_muller@us.ibm.com ABSTRACT Social tagging systems allow users to share resources categorized according to community-generated tags. These systems serve to organize personal information
Premium
Motivation theory Samantha Garza PSY/320 November 27‚ 2012 Dr. David Wallace Motivation theory Every business company in the world today cannot survive without the help of its employee’s. Business owners hire employees to make sure their company is running smoothly‚ correctly‚ and properly. For a business to achieve all of its goals and to be successful‚ they have to make sure the employees are happy. Companies should always have fantastic motivation strategies in order for their employees
Premium Motivation Employment Regulatory Focus Theory
Key Elements of Motivation Key Elements of Motivation Kaplan University Motivation is the process that account for an individual ’s intensity‚ direction and persistence toward attaining a goal. It is the result of the interaction of the individual and the situation. This paper will discuss motivational theories of Malsow ’s Hierarchy of Needs Theory; Herzberg ’s Two-Factor Theory‚ McClelland ’s Theory‚ Reinforcement Theory‚ Equity Theory and Expectancy Theory‚ how they apply to modern managers
Premium Motivation Maslow's hierarchy of needs
Motivation Evaluation PSY/230 Motivation Evaluation Motivation can help and hinder the choices an individual makes‚ sometimes simultaneously. People act and behave various ways and some people may never be understood or why may never be pinpointed. However‚ every action or behavior is an impulse of an experience or the potential of that individual. Whether it is to achieve a goal‚ better themselves‚ or gain success people will act or behave certain ways through their specific form of motivation
Premium Motivation Maslow's hierarchy of needs Psychology