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How reward should be designed to reduce agency problems

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Reference no: EM132477189

Assignment: In this assignment, you will make recommendations for reward practices for improved organizational performance. Consider both intrinsic and extrinsic motivators and their related financial rewards (including pay & benefits), social rewards, and developmental rewards.

Tasks: • Explain the pros and cons for each reward: financial, social, and developmental

• Analyze how reward should be designed to reduce agency problems.

• Evaluate the role for human resources in developing and managing a reward system.

• Explain how the pay mix (pay & benefits) will exist (and why) between organizational levels (executives, managers, administrators, line employees.

Submission Details: • Present a 2- to 3-page paper in a Microsoft Word document formatted in APA style. Cite any sources using the APA guidelines.

• Name your file as SU_HRM5010_W5_Project_LastName_FirstName.

Reference no: EM132477189

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