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Extrinsic Reward
Compensation
• All extrinsic rewards that employees receive in exchange for their work (Byars & Rue, 1994)
• What the organization intends to pay for and how it intends to do so (Yoder & Standoher, 1982)
Bonuses
Commissions
Profit Sharing
Benefits
Rewards that employees receive as a result of their employment and position
within an organization
Motivation
Efforts
Higher pay rates will allow for higher selection standards, thus
Selection higher quality of health workers
222,278.00 399,739.00
(2018) (2019)
Implementation of Compensation Program
Procedures
• Preparation of job descriptions
• Merit system
• Performance evaluation
• Grievance procedures
Implementation of Compensation Program
Problems Encountered
• Job descriptions used for job evaluation may be inaccurate
• Non-compliance with some provisions by LGUs
• Faulty position classification
• Unsound practices
• Poor selection of rewards
• Misinformation about procedures
• Non-functioning grievance machinery
Responsibilities of Managers
Job Analysis Performance Evaluation
Make sure that job descriptions are
comprehensive, accurate, and up- Monitor worker’s performance on a
to-date regular and continuing basis