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They later introduced a perpetual cash bonus scheme for the junior staff, where every year instead of bonuses being paid out, they would be retained in the company's employee fund. A bonus was typically a third of their net salary and with every completed year of service their bonuses would grow.

However if the employees engaged in activities detrimental to the organisations operations, such as pilfering, they would thus loose their accumulated bonus...

This proved very effective in not only retaining employees but also motivating them to work towards and within the organisational parameters at maximum productivity. It also encouraged a sense of belonging and loyalty to the organisation.

Incentives in the form of issuing company's shares was never considered or offered...

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A Comparison Of Options, Restricted Stock, And Cash For Employee Compensation ABC Company New Employee OH & S Manual Administrative Staff Motivation Motivation of Employee Motivation sales staff and communicating the reward systems Mutual Fund Cash Flows And Stock Market Performance Nh Employee Motivation Payment Systems: Control and Commitment in Newton’s Ingredients: Employee Motivation pplication of two motivation theories-Maslow’s hierarchy of needs theory and McGregor’s theory X &Y to increase the productivity of staff Employee Motivation Enron'S Performance Bonus For Top Employee'S How can managers use their understanding of motivation and communication theories to improve performance of staff? Analysis of Employee Motivation in Ilanco Inc. Understanding Employee Motivation Employee motivation in the workplace

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