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Understanding Issues in Organizational Behaviour
Date Submitted: 09/10/2006 06:01:46
a. How effective are non-monetary incentives in relieving stress?
Monetary incentives usually relieve stress instantly and temporarily. In order to keep productivity, this incentive is effective in short-term scheme.
But, for long-term, non-monetary incentives such as awareness-raising workshop should be considered as well as providing monetary incentives program.
In addition, monetary incentives may cause unfairness among employees.
Contrary to that, non-monetary incentives are effective to relieve stress gradually in longer period of time. This solution
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In today's business environment, what is the importance of a culturally diverse workforce?
Individual values and attitudes have strong cultural foundation (Schermerhorn, Hunt and Osborn, 2005, P121), understanding cultural diversity is essential for effective management.
"What proves 'motivational' as a reward in one culture might not work in another." (Schermerhorn, Hunt and Osborn, 2005, P121)
Reference:
J.R. Schermerhorn, J.G. Hunt & R.N. Osborn (2005). Organizational Behavior, 9th edition, John Wiley & Sons, Inc.
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