Managerial Economics) · (เศรษฐศาตร์เพื่อการจัดการ Managerial Economics)
Managerial implications
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Transcript of Managerial implications
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Managerial Implications By : http://essaywriting.com.pk/
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IntroductionName of author
Leonardo Becchetti, Stefano Castriota and
Ermanno C. Tortia
Title of the article
Productivity, wages and intrinsic motivation
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Title of journal, volume number, date,
month and page numbers
Small Bus Econ, volume number 41,
published 4th, May, 2013 and 379–399
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Statement of the problem or issue discussed
The problem is discussed is that to determine the impact of intrinsic motivation of employees on their wages and also the managerial implications
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Research Aims and Objectives
The main aims and objectives of the research are to explain by additional empirical analysis that findings are constant with the joint validity of the intrinsic motivation-productivity.
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Research Aims and Objectives
It is also the objective of research to collect the various data from different sources to determine the relationship of productivity
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Literature review
One dimension of theory of economics suggest that lower wages or donation to the work is usually accepted by the workers who are intrinsically motivated and to understand the unpaid overtime is a hypothesis is presented that is donative-labour hypothesis.
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Literature review
Leete in 2001 conducted an empirical analysis on US census data that demonstrate the negative wage gap on the non profit still persists upon the introduction of finer controls at on occupation level and industry level.
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Literature review
Identity can be a substitute of economic reward or incentives and these sufficient factors to motivate the employees to chase an organizational objectives or goals and it is a suggestion that is identical to the labour donative hypothesis in non-profit organizations
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Discussion Donative-labour hypothesis is
decomposed to illustrate into two testable hypotheses first is that workers who are intrinsically motivated workers donate more work hours
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Discussion
The first part of the hypothesis that more work is donated by the intrinsically motivated persons is only feebly assured by outcomes on the effect of some of the principal component
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ConclusionIt is conclude that this article have
reflection on the importance and unexplored characteristics of the relationship that exists among the productivity, wages and intrinsic motivation.
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ConclusionIn addition it is evident from the various
empirical studies that workers of non-profit organization earn less but they are intrinsically satisfied and have better work performance as compared to the profit employees
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