Incentive Plan Paper

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Pages 4
Employee Relations: Incentive Plans Paper
Katrina J. King
MGT/431 - Human Resources Management University of Phoenix
July 19, 2011 Dr. Cassandra Molavrh

Employee Relations: Incentive Plans Paper

Money motivates employees. Cold hard cash. Cash money will always and forever be the most important factor in motivating employees. However, money is not the only solution. Developing solid incentive techniques for Texas Sports Beat require the organization to take a deeper look within the organizational culture to find ways to offer and introduce the ‘Incentives Plan Program.’ “How can the organization attract and keep quality staff ensuring everyone is involved and interested?” As mentioned in the above paragraph, cash is not always the answer and in countless cases not even the best response. According to the Law of Individual Differences; People differ in abilities, needs, personality, and values. Thus people react to different incentives in different ways. Because TSB Sports, is a small organization, it cannot afford to pay salary wages to employees. The organization employs contract workers to perform specific tasks. For an example: A staff photographer would be paid hourly wages per game worked.. Usually, three to 12 games per week (home games only). Photographers are paid by the hour, no matter staff, or freelance. Photographer’s incentives are opportunities to take images of players and coaches and behind the scene events. If he or she is the staff photographer, the opportunity to trake images are priceless, yet very busy.. This person has a busy schedule during the season. They also have the opportunity to do some traveling.

Web Graphic Designers/Art Director- these employees are paid non-monetarily. However, job performance is evaluated and compensation is given—keep…...

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