Professional Documents
Culture Documents
ALTERNATIVE WORK
ARRANGEMENTS
&
USING REWARDS TO MOTIVATE
EMLOYEES
Presented by:
Group 12
Md. Ayaz Qureshi-119
Nidhi Gupta-138
Mohit Singla-125 (Moderator)
Ojoshwi Bhattacharjee-146
Nandana K-132 (Observer)
ALTERNATIVE WORK
ARRANGEMENTS
Alternative Work Arrangements are the approaches to motivate
employees working for an organization especially designed for a
diverse workforce of dual-earner couples, single parents, and
employees caring for a sick or aging relative. Such as:
-Flextime
-Job Sharing
-Telecommuting
FLEXTIME
FLEXTIME IS A SYSTEM WHEREIN EMPLOYEES CHOOSE THEIR
STARTING AND QUITTING TIMES FROM A RANGE OF AVAILABLE
HOURS.
PROS CONS
UNDERMINE GOAL
POSITIVE WORK OUTCOME ACCOMPLISHMENT
REDUCTION IN NOT APPLICABLE TO EVERY
ABSENTEEISM JOB/WORKER
NOT EFFECTIVE FOR TIME BOUND
JOB SATISFACTION JOBS
IMPROVEMENT IN MAY MAKE EMPLOYEE LESS
PRODUCTIVITY PUNCTUAL
SUITABLE FOR
Flextime works best when work is either highly individual or when information technology allows
opportunities for asynchronous collaboration.
JOB PROFILES: Content Writers, SEO, SMO, Data Analysts, Graphics Designers, Video Editors
JOB SHARING
A TYPE OF WORK ARRANGEMENT WHERE TWO OR MORE
INDIVIDUALS SPLIT WORK/TASK TO PERFORM A JOB NORMALLY
FULFILLED BY ONE PERSON WORKING FULL-TIME.
PROS CONS
REDUCE STRESS AND SCHEDULING CHALLENGES FOR TRAINING
TIREDNESS AND MEETING
SUITABLE FOR
SKILL AND TALENT BASED JOBS, STAGED AND FRAGMENTABLE TASKS
JOB PROFILES: SALES AND MARKETING, DATA ENTRY, TEACHING
TELECOMUTING
WORKING FROM HOME ATLEAST 2 DAYS A WEEK
:THROUGH VIRTUAL DEVICES – LINKED TO
EMPLOYER’S OFFICE
PROS CONS
INCREASE PRODUCTIVITY LEADS TO SOCIAL LOAFING
REDUCES ROLE STRESS AND TURNOVER COULD JEOPARDIZE SECURITY FOR THE
INTENTIONS COMPANY
SUITABLE FOR
TASKS THAT REQUIRE CONCENTRATION : DESIGNING/WRITING
JOB PROFILES: WRITER, ATTORNEYS, ANALYSTS, TELEMARKETERS
USING REWARDS TO MOTIVATE EMPLOYEES
INNOVATIVE WAYS TO GET JOBS DONE NOT FEASIBLE FOR MANY JOBS
SUITABLE FOR
TASKS THAT REQUIRE MORE PRODUCTION
JOB PROFILES: SALES/DAILY WAGE EARNERS/ FARMERS
MERIT-BASED PAY
A PAY PLAN BASED ON PERFORMANCE APPRAISAL
RATINGS
PROS CONS
INADEQUATE PERFORMANCE APPRAISAL
HIGH PERFORMERS ARE REWARDED SYSTEMS
SUITABLE FOR
LARGE ORGANIZATIONS
JOB PROFILES: FOR ALL TYPES
BONUSES
A PAY PLAN THAT REWARDS EMPLOYEES FOR RECENT
PERFORMANCE RATHER THAN HISTORICAL PERFORMANCE.
PROS CONS
Increases employee motivation.
Productivity may fluctuate
SUITABLE FOR
All types of jobs and ranking
SKILL BASED PAY
AN ALTERNATIVE TO JOB BASED PAY THAT BASES PAY LEVELS ON
HOW MANY SKILLS EMPLOYEES HAVE AND HOW MANY JOBS THEY
CAN DO.
PROS CONS
Easier staffing
Redundancies in skills
SUITABLE FOR
Manufacturing businesses
PROFIT SHARING PLAN
A PROFIT SHARING PLAN DISTRIBUTES COMPENSATION BASED ON
SOME ESTABLISHED FORMULA DESIGNED AROUND A COMPANY'S
PROFITABILITY.
PROS CONS
Employees get a feeling of psychological
Added cost for the employer
ownership
Increases workforce loyalty
May create issues of entitlement
SUITABLE FOR
For all types of jobs and ranks
GAIN SHARING
SYSTEM USED TO INCREASE PROFITABILITY BY
MOTIVATING EMPLOYEES TO IMPROVE THEIR
PERFORMANCE.
PROS CONS
SUITABLE FOR
Manufacturing, health care, distribution, and service, as well as the public sector and non-profit
organizations
EMPLOYEE STOCK OWNERSHIP PLANS