4.3 Implementation of a structured system is required taking into account other plans which can compliment each other. This will ensure the organisation is continuing in the correct direction.
4.4 Evaluation of the system regularly to monitor its effect on productivity, morale or outcomes is required regularly. This will enable the business to monitor results contingent with the system.
4.5 The culture of the organisation is strong with the business enjoying good successes, this needs to be reinforced through the implementation of a rewards scheme taking the current motivational factors for the required culture into account.
5. References
Bartol, K.M. & Martin, D.C.(1998). Management (3rd ed.). USA:McGraw Hill.
Luthans, F. & Stajkovic, D. (1999). Reinforce for performance: The need to go beyond pay and even rewards. Academy of Management Executive, 13(2), 49-57.
Steers, R.M. & Black, J.S. (1994). Organizational Behavior (5th ed.). Harper Collins:New York.
Young, S. (1999, April). Attraction & Retention. Management, p. 78.
Waters, M. (1999, November). Thank them & they ll follow. Management. P. 33-34.
Bibliography
Kerr, S. (1995) An Academy Classic: On the folly of rewarding A, while hoping for B. Academy of Management Review, 9 7-16.
Pfeffer, J. (1998, May-June) Six Dangerous Myths about Pay. Harvard Business Review p. 110-119.
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