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Q: How large firms especially corporations are rewarding employees who have entrepreneurial skills?
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Do you think most managers use punishment?

No, many managers improve performance by rewarding their employees. They offer them incentives to help them meet their quotas when they work.


What is the Effects of performance appraisal on employee delivery of service?

performance appraisal is used by an organisation to promote work abilities and eviroment in an organisation. it is the review of the different inputs of employees in an organisation and a system of rewarding there contributions this could be done through monetary rewards and pronotions. performance apprisal is good in an organisation as it enables the workers to contribute seriously to their own quota of the job and promotes good inputes amongst employees.


Difference Theory x and theory y?

In 1960, Douglas McGregor formulated Theory X and Theory Y suggesting two aspects of human behaviour at work, or in other words, two different views of individuals (employees): one of which is negative, called as Theory X and the other is positive, so called as Theory Y. According to McGregor, the perception of managers on the nature of individuals is based on various assumptions.Assumptions of Theory XAn average employee intrinsically does not like work and tries to escape it whenever possible.Since the employee does not want to work, he must be persuaded, compelled, or warned with punishment so as to achieve organizational goals. A close supervision is required on part of managers. The managers adopt a more dictatorial style.Many employees rank job security on top, and they have little or no aspiration/ ambition.Employees generally dislike responsibilities.Employees resist change.An average employee needs formal direction.Assumptions of Theory YEmployees can perceive their job as relaxing and normal. They exercise their physical and mental efforts in an inherent manner in their jobs.Employees may not require only threat, external control and coercion to work, but they can use self-direction and self-control if they are dedicated and sincere to achieve the organizational objectives.If the job is rewarding and satisfying, then it will result in employees' loyalty and commitment to organization.An average employee can learn to admit and recognize the responsibility. In fact, he can even learn to obtain responsibility.The employees have skills and capabilities. Their logical capabilities should be fully utilized. In other words, the creativity, resourcefulness and innovative potentiality of the employees can be utilized to solve organizational problems.Thus, we can say that Theory X presents a pessimistic view of employees' nature and behaviour at work, while Theory Y presents an optimistic view of the employees' nature and behaviour at work. If correlate it with Maslow's theory, we can say that Theory X is based on the assumption that the employees emphasize on the physiological needs and the safety needs; while Theory X is based on the assumption that the social needs, esteem needs and the self-actualization needs dominate the employees.McGregor views Theory Y to be more valid and reasonable than Theory X. Thus, he encouraged cordial team relations, responsible and stimulating jobs, and participation of all in decision-making process.Implications of Theory X and Theory YQuite a few organizations use Theory X today. Theory X encourages use of tight control and supervision. It implies that employees are reluctant to organizational changes. Thus, it does not encourage innovation.Many organizations are using Theory Y techniques. Theory Y implies that the managers should create and encourage a work environment which provides opportunities to employees to take initiative and self-direction. Employees should be given opportunities to contribute to organizational well-being. Theory Y encourages decentralization of authority, teamwork and participative decision making in an organization. Theory Y searches and discovers the ways in which an employee can make significant contributions in an organization. It harmonizes and matches employees' needs and aspirations with organizational needs and aspirations.


Is communism or capitalism more efficent?

Yes: people in Communism are free to do worthwhile and rewarding work, and can live comfortably with free access to what has been produced. Under capitalism, the vast majority have to work for an employer and their consumption is limited by their wage.


Reason why people want to engage business?

Business owners run their own business for a number of reasons. they may wish: To be their own boss To be in control To work for themselves To keep all the profits To turn a hobby into something that will make money Business - when run well - is very rewarding, not everyone wants to work for another boss in a big company. This is why people engage in "business".

Related questions

What is a cooperative effort between employees and their employers to promote rewarding work experiences throughout employees' work lives called?

employment termination


What has the author Assaf Hamdani written?

Assaf Hamdani has written: 'Rewarding outside directors' -- subject(s): Directors of corporations, Salaries


How to achieve achieving high performance and employee satisfaction?

To achieve high performance and employee satisfaction, prioritize clear communication, provide opportunities for growth and development, recognize and reward achievements, foster a positive work culture, and seek feedback from employees to continuously improve the work environment. Encouraging work-life balance and offering flexible work options can also contribute to higher job satisfaction and performance.


What are the best practices aproach in rewarding employees?

The 2 main rewards are recognition for work undertaken and salary increase


Role of promotion?

Promotions help motivate individuals to perform while they are at work. Promotions are also a means of rewarding employees when they excel.


Do you think most managers use punishment?

No, many managers improve performance by rewarding their employees. They offer them incentives to help them meet their quotas when they work.


Is dating Asian ladies weird?

Why should it be weird? Girls are girls, wherever they come from, and Asian girls can be especially rewarding.


What was Peter Cartwright's management style?

a visionary in the modern power industry, colleagues and employees note that Cartwright fostered the company's growth by rewarding creativity and embracing risk.


What has the author Harriet Diamond written?

Harriet Diamond has written: 'Grammar in plain English' -- subject(s): Problems, exercises, Grammar, English language 'E-Z English' -- subject(s): Problems, exercises, English language, Usage, Grammar 'Perfect phrases for motivating and rewarding employees' -- subject(s): Incentive awards, Employees, Employee motivation, Rating of 'English the easy way' -- subject(s): Problems, exercises, English language, Usage, Grammar 'Perfect phrases for motivating and rewarding employees' -- subject(s): Incentive awards, Employees, Employee motivation, Rating of 'Teambuilding That Gets Results (Quick Start Your Business)'


What has the author Sunny Fader written?

Sunny Fader has written: '365 ideas for recruiting, retaining, motivating, and rewarding your volunteers' -- subject(s): Nonprofit organizations, Employees, Volunteers, Recruiting


How do you say cheerleading is rewarding?

cheerleading is rewarding because then you will have great body strength


How can you use rewarding in a sentence?

Doing voluntary work can be very rewarding for people.