research the reasons that employees are motivated to perform and assess the role of compensation in motivation. A motivated workforce is integral to organizational success and profitability. You’ll create a compensation model using a motivation philosophy. A compensation plan that does not stem from a strong motivation core will not be sustainable. For a review of the Capstone project and scenario, see the Module 8 folder.
Though the number of employees has remained the same, productivity and profitability have slipped over the past three years. Ellard Williams has requested human resources to address the apparent lack of motivation and enthusiasm in the workplace, as evidenced by higher sick leave usage by employees and higher turnover, but to date no strategies have been developed.
In a brief survey with employees, compensation was seen as a primary impediment to worker satisfaction. At present, Ellard Williams compensates its employees at about 10 percent below the market, and there is a perception that most of the profitability gains accrue to senior management.
Develop a well-written paper that addresses the following, as requested by Ellard Williams.
Your paper should meet the following requirements: