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The Use Of Merit Pay And Incentives
Part 1 of Paper
....is the system at
Richmond Memorial Hospital. To do so, one must begin at the beginning…..
The use of financial incentives (financial rewards) paid to workers whose
production exceeds some predetermined standard was popularized by Frederick
Taylor in the late 1800s. As a supervisory employee of the Midvale Steel
Part 2 of Paper
of graduation is our incentive. In psychology, at its most basic, a motivator is
that which impels or compels an individual to act toward meeting a need. On a
physiological level, thirst, hunger and sex are motivators or drives. They are
basic needs which must be met.
Relating this to a hospital environment, it is not base compensation which
drives the employee, but what the base compensation can satisfy in a higher
level of needs. Money can't buy love, but it can buy some secur....
|Number of words: 1708 - Approximate pages: 7
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