This short 30 minute workshop will highlight how performance related pay can be best used in different businesses to motivate workers
This workshop will build on exciting research undertaken in the University of Leicester School of Business on the performance of performance related pay. In particular we will look at how schemes that determine bonuses or rewards based on individual performance, and those based on the performance of teams, compare in motivating and encouraging worker effort. We will discuss different types of job design and how the best scheme varies with the demands of the job and what is required of workers. This workshop should give you insights on how best to think about the structure of reward systems in your business.
Daniel Ladley, Professor of Finance and Dean, University of Leicester School of Business and Stephen Wood, Professor of Management, University of Leicester School of Business
Anyone is welcome to attend this event
This event will be of particular interest to managers, business people and those working in human resources.