A New Manager Recently Was Given an Assignment to Create

question 121

Essay

A new manager recently was given an assignment to create two possible wage schemes for a design firm.The manager came up with the following packages:
(1)Each employee will start at $15 per hour and will work eight hours per day; (2)each employee will receive $8 per hour and one-tenth of 1 percent of profits (expected profits are $80,000 per day if everyone puts out maximum effort).Which program will motivate the employees more?
Which program would you choose?
Why?

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Definitions:

Stimuli

External events or occurrences that can elicit responses from sensory organs, leading to a reaction or response.

Moment

A brief period of time or a specific point in time.

Iconic Storage

Refers to a very brief (<1 second) storage of visual information in the sensory memory, representing an exact copy of the visual stimulus.

Real-World Uses

Practical applications or implications of a theory, concept, or product in everyday life and activities.