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Motivation is an important tool which can have a significant impact to improve the performance of employees in any organization and in the current competitive world, employees' commitment is crucial in achieving the organizational goals. The current research is aimed at examining the role played...
Persistent link: https://www.econbiz.de/10012116778
We study employee absence in Danish organizations. In contrast to Steers and Rhodes (1978), who stress the importance of individual and organizational characteristics in shaping employees' motivation to attend work, we show that absence is predominantly an individualized phenomenon. Because the...
Persistent link: https://www.econbiz.de/10011925427
We present a dynamic model in which an employee of a firm searches for business projects in a changing environment. It is costly to induce the employee who found a successful project in the past period to search for a new project. Past success can therefore result in profitreducing corporate...
Persistent link: https://www.econbiz.de/10008695543
We investigate whether referral-based hiring exacerbates or mitigates control problems. Incentive contracts can be used to attract employees with certain traits. However, whether the outcomes are positive for the firm or not depends on the quality of incentive contracts. Our research setting...
Persistent link: https://www.econbiz.de/10012839109
The term ‘incentive' (from Latin incentivum ‘something that sets the tune') is a tangible and/or intangible reward that motivates people and creates favorable environmental conditions to maximize performance to achieve specific goals in organization or competition and/or society
Persistent link: https://www.econbiz.de/10012889370
Labor motivation is a subject of competence of the area under management of the human resources sector, which seeks to minimize employee dissatisfaction with the organization and with a view to promoting the employee's professional fulfillment. With this article we intend to make a theoretical...
Persistent link: https://www.econbiz.de/10014112525
The literature supports the view that the employees, who are empowered, self-determined and intrinsically motivated, have a greater degree of innovativeness. However, there is a gap between theoretical issues and practical recommendations regarding the organizational design aimed at...
Persistent link: https://www.econbiz.de/10014173206
Employers want motivated and productive employees. Are there ways to increase employee motivation without relying solely on monetary incentives, such as pay-for-performance schemes? One tool that has shown promise in recent decades for improving worker performance is setting goals, whether they...
Persistent link: https://www.econbiz.de/10011433170
We study the relation between formal incentives and social exchange in organizations where employees work for several managers and reciprocate to a manager's attention with higher effort. To this end we develop a common agency model with two-sided moral hazard. We show that when effort is...
Persistent link: https://www.econbiz.de/10011350353
We study optimal incentive contracts for workers who are reciprocal to management attention. When neither worker's effort nor manager's attention can be contracted, a double moral-hazard problem arises, implying that reciprocal workers should be given weak financial incentives. In a...
Persistent link: https://www.econbiz.de/10011377049