Sunday, August 25, 2019
Motivation Essay Example | Topics and Well Written Essays - 2000 words - 3
Motivation - Essay Example GE as a company has been focused on HR and committed to its employees in many ways which go beyond the norms of reward management as compared to other companies. It has an innovative way of rewarding employees who uphold the values considered important by GE and this has given the company the respect and admiration of many business gurus (Demos, 2006). While the rewards for working at GE are many, the reward selection process uses a ranking system which punishes those employees who do not make the reward cut by termination. This has also caused some controversy as it can be seen as negative to the concepts of motivation but the overall effect of GEââ¬â¢s motivation techniques has been very positive and is well regarded by industry experts. Even though management and the rules applicable to motivating people change day to day as discoveries are made in the field (Beardwell &Holden, 1997). As early as the 1930s, GE was focused motivation for labour and had created profit based employee bonuses as well as pension plans. It is difficult to find companies which have innovated to such an extent that their name becomes associated with certain management practices. The vast majority of organizations will fade into history without establishing any leadership in management innovations but GE holds the unique position of not only having an established name, they have been the leaders in employee motivation for the better part of their existence (Colvin, 2006). The CEO of Ogilvy & Mather, Shelly Lazarus has been on the GE board for the past five years. She says that the process of rewarding employees begins as soon as the recruitment process is started. Even being offered a position at GE is a cause for celebration for a person since GE develops leaders who are groomed to take up positions at the head of the company (Colvin, 2006). I agree with this concept and the idea of evaluating employees for rewards as soon as they are recruited goes a long way towards
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.