Recommendations for reward practices for improved organizational performance

Recommendations for reward practices for improved organizational performance

In this assignment, you will make recommendations for reward practices for improved organizational performance. Consider both intrinsic and extrinsic motivators and their related financial rewards (including pay & benefits), social rewards, and developmental rewards. Tasks: -Explain the pros and cons for each reward: financial, social, and developmental -Analyze how reward should be designed to reduce agency problems. -Evaluate the role for human resources in developing and managing a reward system. -Explain how the pay mix (pay & benefits) will exist (and why) between organizational levels (executives, managers, administrators, line employees.