What motivates you to get up every morning and do your best? Do you work hard for your family? For personal satisfaction and to meet personal goals? To earn more money? To be recognized by your peers and the community? There is a wide variety of elements that motivate people to work hard. Successfully managing a workforce requires managers to understand, acknowledge, and carefully implement rewards to motivate their employees to perform to the best of their abilities.
Research the total compensation plan for the company you have chosen (Walt Disney) for your final project. Very briefly describe the elements they use to reward their employees (base pay, bonuses, time off, daycare, flex time, benefits, etc). Is their approach the best that it could be? If you were leading the company, what would you do to ensure their approach to motivating employees was fair and equitable? Is your approach financially feasible? Would you choose to be 100% transparent in your approach? Why or why not?
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