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Today's managers are facing challenges that stem from overseeing a workforce in foreign countries. The question arises how to compensate and motivate employees in different countries effectively and efficiently. Based on an empirical study among employees of a multinational corporation (MNC) in Germany and the USA, Marjaana Gunkel shows that the employees in these countries have different preferences regarding incentives and that incentive plans designed for one country are not always effective in others. Money is an important motivator in both countries, but the motivational effects of non-monetary rewards differ greatly. In addition, the author presents an explorative study of employee groups in China and Japan and gives advice for designing appropriate compensation schemes for employees of MNC in different countries.
Performance awards. --- Incentives in industry. --- Incentive awards --- Employee awards --- Employees --- Superior performance awards --- Employee recognition --- Awards --- Incentives in industry --- Employee incentives --- Labor incentives --- Employee competitive behavior --- Employee morale --- Employee motivation --- Goal setting in personnel management --- Personnel management --- Performance awards --- Leadership. --- Personnel management. --- Business Strategy/Leadership. --- Human Resource Management. --- Corporations --- Employment management --- Human resource management --- Human resources management --- Manpower utilization --- Personnel administration --- Management --- Public administration --- Employment practices liability insurance --- Supervision of employees --- Ability --- Command of troops --- Followership
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