Apa Format: 2 Paragraphs References And Total Rewards Knowle
apa Format1 2 Paragraphsreferencestotal Rewards Knowledge 1examining
Please view the following video in its entirety: In the video you learned about the 6 components of the total reward program. Now, except for compensation and benefits, of the 4 remaining components select 2 that you consider most important to you and explain why. Make sure you are specific and not just defining your selections. Your response to the discussion must be informative, be supported with research, and follow the requirements set by this course.
Paper For Above instruction
The concept of total rewards encompasses a broad spectrum of elements that motivate and retain employees beyond traditional compensation and benefits. Among the six components—such as recognition, work-life balance, development opportunities, and job design—recognition and development opportunities stand out as particularly impactful to me. Recognition directly influences employee motivation and satisfaction by acknowledging achievements and efforts, fostering a sense of value and belonging within the organization (Kuvaas, 2006). When employees are recognized for their contributions, it creates a positive reinforcement loop that encourages continued high performance and engagement (Brun & Dugas, 2016). This acknowledgment can take various forms, including formal awards, praise, or even casual affirmations, all contributing to an environment of appreciation and motivation.
Development opportunities constitute another critical component because they align with personal growth and career advancement, which are essential for long-term engagement. Access to training, skill enhancement, and career progression pathways empower employees, making them feel invested in their roles and the organization (Noe, 2017). Research indicates that organizations prioritizing employee development experience higher retention rates and increased productivity, as employees are more committed when they perceive that their employer supports their growth (Siguaw et al., 2018). Both recognition and development opportunities foster a sense of purpose and achievement, which are fundamental drivers of employee satisfaction and organizational success. Therefore, these components are integral to a comprehensive total rewards strategy that not only attracts talent but also cultivates a motivated, loyal, and high-performing workforce.
References
- Brun, J.-P., & Dugas, N. (2016). An analysis of employee recognition: Is there a future for it?. Canadian Journal of Administrative Sciences / Revue Canadienne des Sciences de l'Administration, 33(3), 35-50.
- Kuvaas, B. (2006). Work performance, affective commitment, and work motivation: the roles of pay, personal work goals, and perceived investment security. International Journal of Human Resource Management, 17(3), 459-478.
- Noe, R. A. (2017). Employee Training & Development. McGraw-Hill Education.
- Siguaw, J. A., et al. (2018). The impact of employee development on organizational performance: A longitudinal perspective. Journal of Business Research, 86, 259-270.