1.
1. There are several compensation schemes that employers may use to motivate workers.
A.
Solution
a>.Normally people in the low and medium income bracket , looks for a piece-rate incentive
scheme because that adds to their immediate financial needs. In the cited case , if the employees
are in this bracket , then they will look for piece rate system ( Maslows Law also justifies it)
b>.Normally males are more future concerned than the women. Women are more interested for
immediate consumption. This conclusion can be drawn from the fact that the percentage of
insurance coverage undertaken by men is more than women.Therefore women are more likely
than men to hold jobs that pay workers a piece rate, but less likely to hold jobs that promise
workers raises if they perform well.
c>Computer is a low volume business compared to furniture and hence the piece-rate incentive
system may not work in promoting sales of computer.
d>When Industry Bodies and Professional bodies regulate the performance and code of coduct of
employees , they are more guided as anything wrong they do will become a professional
weakness and will create employment problem in future. Further , these bodies will not protect
their interest as they have violated the code or have not met the expectations.