Some employers reward members of staff for their exceptional contribution to the company by giving them extra money. This practice can act as an incentive for some but may also have a negative impact on others.
To what extent is this style of management effective?
Are there better ways of encouraging employees to work hard?
Excellent performance by employees in an organisation is usually rewarded in different ways and giving money to the best employee is a common trend in most of the organisations. Though this is a good way to motivate employees to work harder and better and engage in a positive competition, some people opine that this is not the best way to encourage employee. They think that there are better alternatives for this type of rewards. In my opinion money as a reward in combination with other motivations can be the best way for encouraging people to work harder.
First of all, one of the main reasons people work in an office is money. No matter how cordially we deny the fact that we work for money, the reality is we need money to support our family, our personal needs and to live in this world. There are definitely other factors like job satisfaction, passion for work, working environment, career prospect, relationship with co-workers and bosses that determine whether an employee is motivated to work in an organisation or not but the money the employee gets at the end of each week or month is the main determining factor. From this regard, additional money as a reward for exceptional contribution by a staff is the best way to motivate him.
Some people would argue that there are definitely better ways to motivate an employee for an exceptional performance like allowing extended holidays, giving crest, congratulating and praising. They also think that giving money to the employee of the month has a detrimental impact on others. I quite disagree with this opinion from my personal experience. I worked in a multinational company where more than 200 people worked. The best employee of the month used to get more than $600 and a certificate. This worked quite well as most of the employees in different teams wanted to be the employee of the month for the prestige and the money. I am pretty positive that other forms of rewards would have motivated employees for a short period but would not ignite the performance completion among employees in a long run.
Again, I think that giving additional money to an employee for his work performance would not create any negative impact on others. Any form of rewards like a plane ticket, crest, certificate, holidays is quite restricted in terms of their utilisation while money would give the employee complete freedom on how to spend it. For instance what if an employee wants to buy his mother a gift with the additional money he might earns- only money as a reward would ensure that. Finally, the motivations and encouragements are not universal and hence do not apply for all. This varies from person to person. While money can motivate the majority of the employees some of them might already have it in plenty and could find motivation from the praising and positive feedbacks from bosses. From this regards, congratulations from higher authority, certificate along with the money would be most effective to inspire workers to work even better in my opinion.
I would like to conclude my essay saying that money with proper recognition for the best performing employee could be the best way to motive and inspire employees in an organisation to work smarter and harder.
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2019-06-10 | Davaa | 73 | view |
2019-06-04 | pandaree.r | 73 | view |
2019-06-02 | pandaree.r | 73 | view |
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Grammar and spelling errors:
Line 7, column 789, Rule ID: THIS_NNS[1]
Message: Did you mean 'these'?
Suggestion: these
...nd positive feedbacks from bosses. From this regards, congratulations from higher au...
^^^^
Transition Words or Phrases used:
also, but, finally, first, hence, if, so, well, while, for instance, i think, first of all, in my opinion
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 18.0 13.1623246493 137% => OK
Auxiliary verbs: 15.0 7.85571142285 191% => OK
Conjunction : 18.0 10.4138276553 173% => OK
Relative clauses : 11.0 7.30460921844 151% => OK
Pronoun: 43.0 24.0651302605 179% => Less pronouns wanted
Preposition: 76.0 41.998997996 181% => OK
Nominalization: 18.0 8.3376753507 216% => Less nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 2695.0 1615.20841683 167% => OK
No of words: 551.0 315.596192385 175% => Less content wanted.
Chars per words: 4.89110707804 5.12529762239 95% => OK
Fourth root words length: 4.84493438435 4.20363070211 115% => OK
Word Length SD: 2.80054351783 2.80592935109 100% => OK
Unique words: 240.0 176.041082164 136% => OK
Unique words percentage: 0.43557168784 0.561755894193 78% => More unique words wanted or less content wanted.
syllable_count: 848.7 506.74238477 167% => OK
avg_syllables_per_word: 1.5 1.60771543086 93% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 10.0 5.43587174349 184% => OK
Article: 3.0 2.52805611222 119% => OK
Subordination: 2.0 2.10420841683 95% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 3.0 4.76152304609 63% => OK
Performance on sentences:
How many sentences: 23.0 16.0721442886 143% => OK
Sentence length: 23.0 20.2975951904 113% => OK
Sentence length SD: 64.2074261498 49.4020404114 130% => OK
Chars per sentence: 117.173913043 106.682146367 110% => OK
Words per sentence: 23.9565217391 20.7667163134 115% => OK
Discourse Markers: 4.5652173913 7.06120827912 65% => OK
Paragraphs: 5.0 4.38176352705 114% => OK
Language errors: 1.0 5.01903807615 20% => OK
Sentences with positive sentiment : 18.0 8.67935871743 207% => Less positive sentences wanted.
Sentences with negative sentiment : 2.0 3.9879759519 50% => More negative sentences wanted.
Sentences with neutral sentiment: 3.0 3.4128256513 88% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.248822887476 0.244688304435 102% => OK
Sentence topic coherence: 0.0927386002498 0.084324248473 110% => OK
Sentence topic coherence SD: 0.0521683637209 0.0667982634062 78% => OK
Paragraph topic coherence: 0.158665552337 0.151304729494 105% => OK
Paragraph topic coherence SD: 0.0515602668452 0.056905535591 91% => OK
Essay readability:
automated_readability_index: 13.6 13.0946893788 104% => OK
flesch_reading_ease: 56.59 50.2224549098 113% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 11.1 11.3001002004 98% => OK
coleman_liau_index: 11.38 12.4159519038 92% => OK
dale_chall_readability_score: 7.9 8.58950901804 92% => OK
difficult_words: 109.0 78.4519038076 139% => OK
linsear_write_formula: 11.5 9.78957915832 117% => OK
gunning_fog: 11.2 10.1190380762 111% => OK
text_standard: 12.0 10.7795591182 111% => OK
What are above readability scores?
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Rates: 73.0337078652 out of 100
Scores by essay e-grader: 6.5 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.