Mana 3320 exam 4 - Study guides, Class notes & Summaries

Money is one of the main reasons why people work! -️️ Not the only reason: Satisfaction, meaning, status, etc. matter too Pay for Performance: Why? A strong way of motivating the performance behaviors we want. Based on ratings of performance appraisals: -️️ Merit pay Bonuses Reinforcement Theory -️️ A response + (followed by) a reward -> more likely to recur in the future High employee performance + (followed by) a monetary reward -> make future high performance mor...