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Team Incentives and Unintended Consequences

The document discusses incentives in the workplace and their potential unintended consequences. It provides examples of common incentives used like monetary bonuses, recognition programs, and flexible work hours. While incentives aim to increase productivity and efficiency, they can sometimes undermine other important goals like safety if not carefully designed. The document recommends incentives should have clear goals, criteria, and guidelines to avoid unintentionally motivating unsafe or disrespectful behaviors. Team incentives in particular need strategies to maximize both efficiency and safety.

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Mahudha Mohamed
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87 views

Team Incentives and Unintended Consequences

The document discusses incentives in the workplace and their potential unintended consequences. It provides examples of common incentives used like monetary bonuses, recognition programs, and flexible work hours. While incentives aim to increase productivity and efficiency, they can sometimes undermine other important goals like safety if not carefully designed. The document recommends incentives should have clear goals, criteria, and guidelines to avoid unintentionally motivating unsafe or disrespectful behaviors. Team incentives in particular need strategies to maximize both efficiency and safety.

Uploaded by

Mahudha Mohamed
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Team Incentives and Unintended Consequences

Case study answers


1. Do you think the new incentive plan is impacting the safety of this workplace? Explain
your reasoning.

Associations receive employee recognition programs to raise employee assurance; pull


in and retain key employees; hoist efficiency; increase seriousness, incomes, and
gainfulness; improve quality, wellbeing, and client assistance; and lessen employee
stress, truancy, and turnover. In an SHRM/Globo force review, Using Recognition and
Other Workplace Efforts to Engage Employees, 68 percent of HR experts concurred
that employee recognition positively affects maintenance and 56 percent said such
programs likewise help with enlistment.
Strategy and Design: Businesses ought to give an unmistakable, composed strategy
and guidelines describing the recognition program and its terms, including:
● Employee qualification prerequisites.
● The endorsement procedure.
● The kinds of grants that will be given.
● The recurrence of grant introductions.
● The performance objectives that will be estimated.
● The edges for grants.

2. What types of team incentives would maximize both efficiency and safety while
maintaining a respectful workplace? Explain why your strategy would be effective.
Rewards and incentives in the workplace have benefits for the two employees and
businesses. At the point when perceived for heavenly performance and efficiency,
employees have increased confidence, work fulfillment, and involvement in authoritative
capacities. Thus, managers experience more prominent proficiency and an increase in
deals and profitability. Through workplace rewards and incentives, bosses and laborers
appreciate a positive and profitable workplace.
● Fiscal Incentives Motivate Monetary incentives to reward laborers for
performance and profitability through cash. These incentives include employee
investment opportunities, benefit-sharing plans, took care of time, rewards, and
money grants. Extra financial incentives include yearly or semi-yearly rewards,
for example, mid-year and end-of-year rewards. These incentives energize
neighborly rivalry between partners when linked to work performance. Money
related rewards rouse employees to create ideally.
● Non-Monetary Opportunities: Non-financial incentives reward employee
performance through advantages and openings. These rewards include
adaptable work hours, training openings, and the capacity to work independently.
The rewards and incentives are important to an employee since they permit
laborers to learn new aptitudes and seek after progression openings. For
instance, ongoing alumni may see a praiseworthy training program within an
association as more significant than a higher base compensation since he feels
the learning opportunity will profit his vocation.
● Employee Recognition Improves Morale: Employees who get recognition for their
work achievements will in general have increased spirit and positive workplace
mentalities. Employee recognition is incentive bosses use to offer criticism and
support to employees. Recognition rewards can include grant functions and open
declarations, her decision for the following task, and asking him to be a guide to
others. And don't think little of the intensity of a straightforward, sincere thank-you
for work all around done. Workplace recognition rewards happen now and again,
for example, by the day's end, week, or at the finish of the business month.
3. What are the benefits and drawbacks of Pittiulak’s self-directed project team
structure? Is it a good choice for his business? Explain your answer.

The current compensation package brings features of extrinsic motivation by giving


bonuses to team members who complete projects on time. Along with that, the hourly
salary will also ensure better working efficiency of employees.
Bonuses and hourly wages make it competitive and as a result people are forced to
work to earn more. Here are some of its advantages.
While downsides include, there is only one type of dynamics. The company has to come
up with more reward criteria such as the best quality of work done, workers get the best
feedback from customers, etc. in addition to completing the work on time. This will
ensure that quality is maintained along with speed of completion. There is a bonus for
a single criterion that forces employees to complete it within a deadline.
While base salary, here implied hourly rate, can increase efficiency. This can
exacerbate the attrition problem, as people won't be forced to work fixed hours to earn
wages. While this can work for temporary employees, full-time employees must be paid
at all times, not by the hour. Hourly wages will also make them more engaged in their
work, no matter how productive it is.
The company must coordinate the provision of medical benefits for its employees with
the government agency. Everyone needs peace of mind. They must also be trained in
the safety measures to be taken. As mentioned earlier, incentives should also include
bonuses for quality work rather than just closing, so people don't try to get their work
done in a hurry.

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