¶ … team assigned a large project current organization ( organization ). Prepare a paper 1,050 words describes an incentive plan applied a business setting increase team's motivation, satisfaction, performance.
Incentives Plan
The performance of employees is influenced by certain factors that must be addressed by companies in order reach their objectives. The motivational level within the company is one of the most important factors that affect personnel's performance level. Therefore, it is important that companies identify the best incentives plan that can be applied in accordance with the characteristics of each company.
Company Overview
United Natural Foods is one of the largest organic foods producers in the U.S. The company's range of products includes natural and organic groceries, frozen foods, personal care products, nutritional supplements, and others. The company has approximately 5,000 associates in its network of distribution centers. United natural Foods' interest in its employees' satisfaction is recognized by the Business Ethics Magazine. The company's incentives plan is based on providing a base salary and commissions in accordance with the sales level of each employee. In addition to this, the company is interested in creating a workplace environment that helps employees develop strong relationships with the company.
Incentives Plan Proposal
It is recommended that the company develops different incentives plans for each category of employees. The incentives plan for employees involved in production should be represented by the basis salary, piece rate, bonuses in certain periods where demand is higher, and other perks (Sammer, 2007). The incentives plan for employees involved in the sales activity refers to a basis salary, commissions, and other incentives. The company must also develop the incentives plan that addresses managers. In this case it is recommended to focus on financial stimulation and on diversifying the activities of these managers in order to motivate them (Encyclopedia of Business, 2011).
In addition to this, the company should focus on improving the working conditions in order to develop a friendly environment that helps employees increase their performance. This strategy refers to team building programs, attention to employees with various occasions, parties, socializing, and others. The company should also organize competitions and reward the winners with certain products and services.
Effects on Attitudes
The proposed incentives plan is intended to improve employees' attitude towards the projects that the company intends to develop. This is because certain employees manifest resistance regarding these projects that they probably consider of not being in accordance with their principles. Therefore, these incentives are expected to improve their opinion on these projects and increase their motivation (Instructional Design, 2010).
The satisfaction of employees also depends on the attitude they have towards the activities and tasks they are supposed to perform. In other words, if employees have a negative attitude towards these activities, they cannot experience satisfaction at the workplace. This also affects the efficiency of the company. Therefore, it is important to develop an incentives plan based on including employees in the decision making process. This allows them to express their opinion towards the company's projects and to collaborate with their superiors in developing these projects. This is intended to improve their job satisfaction.
Effects on Emotions
The proposed incentives plan is also intended to develop a workplace environment that helps employees express and improve their emotions. This helps employees improve relationships at work, which leads to increased motivation. This is important in improving their efficiency and productivity. The satisfaction of employees is also targeted by the incentives plan. The financial improvements proposed by the plan can be used by employees in investing in certain activities that they like. This leads to increased job satisfaction. Their performance is also influenced by this factor.
Effects on Personalities
The incentives plan developed by the company is intended to adapt to the different personalities of its employees. This is mostly the case of managers. Their importance determines the company to develop strategies that focus on using the strengths of these personalities and in reducing the importance of their weaknesses. These managers' behavior at work should be considered an example for other employees. Therefore, the company's interest in adapting to their personality is intended to increase their motivation and satisfaction. In addition to this, the proposed incentives plan is expected to allow these managers the opportunity of satisfying higher needs.
Effects on Values
It is important that the employees' values are in accordance with the values promoted by the company. If employees work towards reaching certain objectives that they consider useful to their community, their motivation is expected to increase. Therefore, it is important to analyze employees' values and to determine how they can be used in developing the company's mission and objectives. The company's interest in their values is expected to increase job satisfaction and employees' loyalty. When working towards reaching objectives that are in accordance with their values, employees tend to increase their performance at work.
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