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Do Corporate Incentive Programs Pay - Thesis Proposal Example

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According to a survey conducted by Incentive Federation in 2005, organizations implement incentive programs with aim to: boost morale; show concern for workers; generate leads; improve customer service; improve quality and productivity; foster teamwork (Incentive Performance Center, 2008)…
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Do Corporate Incentive Programs Pay
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Download file to see previous pages According to a survey conducted by Incentive Federation in 2005, organizations implement incentive programs with aim to: boost morale; show concern for workers; generate leads; improve customer service; improve quality and productivity; foster teamwork (Incentive Performance Center, 2008). Of these, increase in workers’ productivity and efficiency is an important corollary of the corporate incentive programs. A Russell Index study on publicly held stocks of Fortune magazine’s list of “100 Best Companies to Work For” observed that since 1998, these companies have returned to the investors five times that they could have earned by a broader market index, such as the S&P 500 (Incentive Performance Center, 2008). This undoubtedly exemplifies the relationship between “best places to work for” and return on investment (ROI) viewed from the stand point of investors. But does the same relationship hold good for productivity and efficiency; more importantly in organisations that are outside the gambit of Fortune magazine’s list of 100 best companies to work for; though, the researcher personally believes it to be. Further, does “best-place-to-work-for” include corporate incentive? Therefore, it becomes necessary to empirically verify that corporate incentive programs invariably do have a strong positive correlation with workers’ productivity and overall organisational efficiency....
This undoubtedly exemplifies the relationship between “best places to work for” and return on investment (ROI) viewed from the stand point of investors. But does the same relationship hold good for productivity and efficiency; more importantly in organisations that are outside the gambit of Fortune magazine’s list of 100 best companies to work for; though, the researcher personally believes it to be. Further, does “best-place-to-work-for” include corporate incentive? Therefore, it becomes necessary to empirically verify that corporate incentive programs invariably do have a strong positive correlation with workers’ productivity and overall organisational efficiency. In other words, do corporate incentive programs work well in enhancing workers’ productivity and organizational efficiency? It also becomes necessary to understand about the elements that are contained in the recipe of “best-place-to-work-for” and their interrelationships; and how they are correlated? Literature Review In pursuit of this research question, it is intended that a thorough understanding of the current conditions in the field of study is made so that besides being familiar with the studies undertaken so far and current thinking on relevant issues, the researcher is also aware of the general problems and opportunities existing in this field of research. Nonetheless, the necessity of identifying the key gears of this study and developing sufficient insight on how they work cannot be overestimated. The researcher identified a three-component assembly for this research: (1) corporate incentives, (2) workers’ productivity, and (3) organisational ...Download file to see next pagesRead More
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