Mgt501 GDB No. 2 Solution
Monday, January 24, 2011 Posted In MGT Edit ThisThere is a firm XYZ. The management claims to offer lucrative and market competitive salaries to all its employees. It offers same financial package to all the employees who work in the same cadre. While the organization claims for good packages, some of the workers are very motivated with these packages while others are not. They assert that money is not the only thing in the world for motivation and organization must do some thing that can satisfy the inner urge.
Q1: What are the factors of motivation that cause some of these employees to be happy?
Q2: What are the factors of motivation that cause some of these employees to be unhappy?
Q3: What could be reasons that are making these employees dissatisfied?
Q4: Which compensation system this organization has employed?
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SOLUTION:
It is interesting that out of the 23 job factors listed for the survey, yet with the exception of two items (white-collar workers' choice (B) and blue-collar workers' choice (C)) groups selected the same top ten factors, although with different rankings. It is significant that good pay was considered as the most important factor by the blue-collar workers, but it ranked as the least important for white-collar workers.
4): Direct financial compensation consisting of pay received in the form of wages, salaries, bonuses and commissions provided at regular and consistent intervals
