| Rewards & methods of reward The wage-work bargain. Central to employment relationship & regulation Offer – Acceptance - Consideration (incentive package) unilateral or bargained? Buyer-seller power? Tailored or standardised? Individual or collective? The Cash Nexus Enid Mumford’s contracts Rewards systems vs. Payroll admin. Pay-offs in the Employer-Employee Relationship Knowledge & skill Er wants know-how, competence, experience. Ee wants to be put to good use & be developed Efficiency/rewards Er wants performance & quality output. Ee wants equity, felt-fair rewards & opportunity Ethical - values & commitments in right/wrong behaviour Psychological Mgt & co-workers want committed, loyal, motivated people. Individual wants satisfaction Task structure - work within policy, procedure & technical constraints. Jobs, work arrangements |
