Individuals and groups - Motivating people

3 important questions on Individuals and groups - Motivating people

What are financial incentives

Performance rewards tied to a certain basic salary, with a variable reward paid on top of a basic salary for example:
1. Bonuses
2.profit share
3 shares option arrangement

What is meant by motivation of task design

Motivating people by giving more tasks, which could be seen as a challenge.

there are 3 ways.
1: task enrichment: give harder tasks
2: task enlargement: give task that are on the same degree of difficulty
3: task rotation: employees rotate the tasks they perform

For what reason do you use SMART and what does it mean

SMART is a principle which can be used to formulate objectives

it means that the objectives need to be :
Specific
Measurable
Acceptable
Realistic
Time fixed

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