Sample Term Paper
There are various ways and methods through which people can be motivated to perform effectively and efficiently. People are usually motivated when they are certain their basic needs and wants will be fulfilled. In order to motivate people one needs to analyze the basic needs and wants of these people.
It is a known fact that every individual needs to be paid fairly and according to the amount of input applied in the organization. The real test here is to analyze whether pay for performance motivates people or not and if it does motivate people, what are the reasons behind this motivation. Pay for performance basically signifies that each individual is paid according to the performance displayed in an organization. This is also referred to as piece rate plan in some organizations where employees are paid according to the number of units produced by them in a particular day or week (Sims, 2002).
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