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Introduction The purpose of the proposed study

The purpose of the proposed study is to examine for the effects of reward (praise and recognition for a job well done) on the employee motivation (the will to accomplish work tasks) of individuals working in four small companies of 50 or less employees. According to Timm and Peterson (1995), all motivation is directed toward some desired payoff or reward. As to rewards, Vecchio (1992) informs that they can be either extrinsic or intrinsic.

Extrinsic rewards are external to the worker and commonly consist of such things as pay, promotion, or fringe benefits. Intrinsic rewards, on the other hand, are experienced internally; examples of intrinsic rewards include feelings of accomplishment, competence, responsibility, or personal growth. As noted by Vecchio (1992), a company can enhance extrinsic or intrinsic rewards.

In the larger companies, reward systems tend to be fairly complex and to incorporate both extrinsic and intrinsic rewards. However, in this regard, Timm and Peterson (1995) report that such reward systems, while often effective in terms of fostering high levels of motivation, can also be relatively costly. Since smaller companies have considerably less revenue to put into their reward systems, this leads to the question how the smaller company (a company of 50 employees or less) might enhance employee motivation in a cost-effective manner?

One answer to the foregoing question may be to increase the effectiveness with which managers/supervisors deliver praise to workers. In this regard, Feldman and Arnold (1990) discussed the situation of Emery Air-Freight which enhanced both employee motivation and company profits by training managers in praise delivery.

According to Feldman and Arnold (1990), this air-freight company did a lot of packaging and employees tended to be imprecise about choosing packaging materials, especially the boxes. For example, small items would often be packaged in the larger b...

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Introduction The purpose of the proposed study. (1969, December 31). In LotsofEssays.com. Retrieved 07:59, March 28, 2024, from https://www.lotsofessays.com/viewpaper/1707771.html