If you were the CEO of a company, what would you do to your compensation and benefits plan to make it effective in aligning employee behavior

READINGS AND RESOURCES

CourseSmart Textbook:

Milkovich, George T., Newman, J. M., & Gerhart, B. (2014). Compensation (11th ed.). New York, NY: McGraw-Hill.

Chapter 9 – Pay-for-Performance: The Evidence

Chapter 10 – Pay-for-Performance Plans

Chapter 11 – Performance Appraisal

Articles & Websites:

Burton, N. (2012, May). Our hierarchy of needs: Why true freedom is a luxury of the mind. Psychology Today.

This article summarizes one of the most prominent theories of human motivation – Abraham H. Maslow’s “Hierarchy of Needs.”

Chamorro-Premuzic, T. (2013, April). Does money really affect motivation? A review of the research. Harvard Business Review.

This scholarly article cites numerous studies on the motivational power of money to engage employees. In a nutshell, intrinsic motivation is much stronger predictor of job performance and satisfaction for most of us.

Oberoi, M., & Rejgarhia, P. (2013, April). What your performance management system needs most. Gallup Business Journal.

This article defines “Performance Management” as a system designed to continuously improve and engage our human assets for competitive business advantage. It includes “rewards and recognition,” but only as one element of a larger human resources management system.

Use the following resource to assist you with your response for Unit 5.1 DB: Employee Engagement.

Dori Meinert. (2015, April). Is It Time to Put the Performance Review on a PIP? SHRM

This article seeks to make the case that Performance Reviews are dysfunctional at best and often destructive to productivity and morale.