In this homework, 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.
1) Explain the pros and cons for each reward: financial, social, and developmental
2) Analyze how reward should be designed to reduce agency problems.
3) Evaluate the role for human resources in developing and managing a reward system.
4) Explain how the pay mix (pay & benefits) will exist (and why) between organizational levels (executives, managers, administrators, line employees.
Format your homework according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.