Saturday, September 7, 2019
Reinforcement Research Paper Example | Topics and Well Written Essays - 750 words
Reinforcement - Research Paper Example mber Scholarship Program introduced in the year 1973, which has now been renamed as the Leadership Scholarship program encourages the restaurant employees to participate in community activities and enhance their leadership skills. The company has so far offered over $32 million in financial assistance to team members (Chick fil A, 2014). At McDonalds the positive reinforcement strategy is used in tune with its pay and rewards program whereby the employees are rewarded based on their performance. The "pay for performance" management philosophy incorporated by the management ensures that the employees are motivated to perform better in order to earn greater pay opportunities (McDonalds, 2014). McDonalds uses both short-term as well long-term incentives, over and above the base pay, to motivate employees to perform better. The short-term incentives refer to incentives offered to the employees based on their annual performance while the long term incentives refer to LTI stock awards that are granted to eligible employees who are likely to continue working at McDonalds for a long-term and contribute to its growth and development (McDonalds, 2014). The company offers various recognition programs whereby the strong performers are recognized and reward for their contribution. The awards are offered to both - individuals as well as teams for their effort. For instance, the Presidents Award is given to the top 1 % of individual performers worldwide, thus providing a strong incentive / motivation to work harder and perform better. The company also gives away the Circle of Excellence Award to top teams for the efforts and contribution in helping the company achieve its desired goals and objectives (Mcdonalds, 2014). The Company Car Program is a type of incentive offered by the company to its eligible employees whereby the selected employees are afforded an opportunity to choose from a range of vehicles, based on their designation and level at workplace, to be used for
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