IDENTIFY THE MOST CORRECT ANSWER AND EXPLAIN WHY YOU SELECTED IT. A well-designe
ID: 469835 • Letter: I
Question
IDENTIFY THE MOST CORRECT ANSWER AND EXPLAIN WHY YOU SELECTED IT. A well-designed reward system: (1) should be free of elements that induce stress, anxiety, tension, pressure to perform, and job insecurity. (2) puts the primary emphasis on denying rewards to those who fail to perform tasks in the prescribed fashion. (3) emphasizes weeding out employees who are average performers. (4) strives for a 50-50 balance between positive and negative rewards and a 50-50 balance between monetary and nonmonetary rewards.
Explanation / Answer
(1) should be free of elements that induce stress, anxiety, tension, pressure to perform, and job insecurity.
Explanation: A well-designed reward system aligns the well-being or organization members with their contribution to strategy execution and achievement of goals. Reward system should encourage all employees to perform better. It should encourage the spirit of healthy competition, enthusiasm and positivity among its members, rather than inducing stress, anxiety, tension, pressure to perform and job security. If the reward program has elements that induce negative energy such as stress, anxiety, tension, then the very purpose of reward system is defeated. A well designed reward system compensates the deserving employees for their performance and contribution to organization goals. Simultaneously it should motivate and encourage other employees also to perform better and it should discourage employees who indulge in unproductive and negative actions.