HRMT20024 Report: Motivation, Compensation and Employee Behavior

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Added on  2021/06/15

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This report analyzes the relationship between motivation, compensation, and employee behavior, drawing insights from two articles. The first article explores various motivation theories in the context of compensation, highlighting the impact of transactional and relational rewards. The second article examines how compensation structures and monetary rewards influence managers' decision-making processes, particularly in challenging situations. The report summarizes the main arguments and conclusions of each article, emphasizing their contribution to the field of Human Resource Management. It highlights the connection between employee motivation, compensation packages, and the willingness to work harder. The report provides valuable insights into motivational theories, compensation structures, and financial rewards for improved employee performance and management strategies.
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HRMT20024 Assessment 1
Week10
Week 10 Motivation, rewards and compensation
Name:
Student number :
Campus:
Lecturer/tutor :
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References of the two articles
Article 1:
Joshi, P., & Bisht, N. S. (2016). Motivation: The
Compensation Perspective. International Journal of
Engineering and Management Research
(IJEMR), 6(1), 70-76.
Article 2:
Rose, J. M., Brink, A. G., & Norman, C. S. (2016). The
effects of compensation structures and monetary
rewards on managers’ decisions to blow the
whistle. Journal of Business Ethics, 1-10.
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Article 1 (Motivation and
Compensation)
Objective:
The paper aims to analyse various theories of
motivation in light of the compensation view.
Compensation tends to impact the motivation
factor of the people and hence, this paper aims
to find the relationship between the two.
Method:
Various Motivational Theories have been
analysed in the given paper and their
applicability with respect to compensation have
been highlighted.
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Article 1
Argument:
The discussion was made on different theories
and how each of the theory relates compensation.
The theories like need base theory, expectancy
theory and re-enforcement theory were
discussed. Each were linked to motivation.
Conclusion:
The paper concluded that Transactional and
Relational rewards are powerful motivators and
that motivation is directly related to
compensation.
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Impact of Motivation and Reward
System on the behaviour of an
employee
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Article 2 (Effect of Compensation Structure and
Monetary Rewards on Manager`s Decision making)
Objective:
The objective of the given paper is to examine how
the compensation structure and monetary rewards
impact the manager`s decision making concerning
the different employees.
Method:
The paper involved research through a review of
literature available on the given topic in order to find
how financial rewards and compensation structures
influence the decision making of the managers which
may lead certain difficulties being faced by the
organization.
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Article 2
Argument:
The main findings of the paper was that compensation
along with a restricted stock and other related
components can actually encourage employees to work
harder in case any problems are faced by them due to
the decision of the management.
Conclusion:
The paper concluded that the relationship between the
will of the employees and the compensation package
offers is high. If the employees are offered with a good
compensation structure then, they might be able to face
the tough times of the organization easily.
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Contribution of articles to the topic
The relationship between the two articles is that
both the articles concentrate on finding the
relationship between the motivation and pay
provided to the employees and its link to their
willing to work harder.
The articles have contributed hugely to the field
of Human Resource Management and have
provided greater insights into the realm of
motivational theories, compensation structures
and financial rewards which should be offered
to the customers.
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