Compensation and Benefit Free Samples †MyAssignmenthelp.com

Question: Discuss about the Motivation Compensation and Benefit. Answer: Rewards should be given to the employees so that satisfaction level and motivation can be enhanced effectively. The best way to motivate the different generations that exist in the organization would be proper incentive policy. There should be proper incentive policy in the organization so that employees can be motivated. The incentives are related to the monetary terms in which the employees get the reward according to the overall performance of the organization. In the present scenario, it is analyzed that each and every generation want proper monetary benefits. To motivate every generation in the workplace it is important to take into consideration effective incentive policy so that benefit to the employees related to recognition can be achieved. Incentives enhance the zeal of the workers to perform in a better manner. Therefore, it is analyzed that hope for a reward is one of the powerful incentives to enhance the motivation level of the employees. Incentives can sometimes help to accomplish the overall goals and objectives of the organization. The requirement of incentives can be many like to enhance the overall productivity, to enhance the commitment level of the employees towards the assigned activities and also to shape the behavior towards the working structure of the organization (Reeve, 2014). There are monetary incentives as well as non-monetary incentives that help human resource practitioner to enhance the overall satisfaction level of the employees. Non-monetary incentives are related to security of a job and also job enrichment. So, it is important to focuses on these aspects so that employees can give their best (Pinder, 2014). References Pinder, C. C. (2014).Work motivation in organizational behavior. Psychology Press. Reeve, J. (2014).Understanding motivation and emotion. John Wiley Sons.