Case Note Essay Example | Topics and Well Written Essays - 500 words - 1

Case Note - Essay Example Job characteristics theory is a working design with a set of principles for job enriching in organizations. Job characteristics theory has five major aspects of address including motivation, satisfaction, performance, absenteeism, and turnover. The scenario at DrainFlow in which employee dissatisfaction is a common occurrence, the employees should be given incentives as motivation for every good performance and an encouragement to other employees to work harder. Additionally, the duties of the order processors and the billing agents need to merge to ensure that customer issues are addressed from a single department. Such would prevent employee dissatisfaction from customer complaints. Indeed, Reynaldo has little clue on the implementation of cash reward system. In the current scenario at DrainFlow, proves very tedious for the implementation of the system considering that different departments handle customers at different levels and, therefore determining which employee to reward would be ideally a tough task. In order for effective implementation of the cash reward system, it is significantly important that all the departments operate from a common command center. In such a setting, a customer will deal with a particular employee from the time the customer submits a plumbing problem, sending of a plumber, and making payments all occur from a common pull. Such a way would ensure an easy track of the best-performing employees and worthy of a reward. Financial incentives are indeed a better way of rewarding best-performing employees for the success of an organization. The advantages associated with financial incentives includes increased performance among employees as a means of getting the financial incentives and recognizing of employee priorities and work on the areas of under-performance. Financial incentives also have its disadvantages such as the genesis of division among employees, especially

Fiscal policy and government debt Coursework Example | Topics and Well Written Essays - 2250 words

Fiscal policy and government debt - Coursework Example Through empirical tests, guided by the above representations, Romer and Romer (2010) conclude that irrespective of the given legislation, significant changes in an economy’s tax policy brings about a dominant motivation that fits into the following categories making up for increases in government expenditure, addressing an inherited government deficit and spurring long-term growth (799). Further, the findings illustrate that tax changes largely influence output. The baseline specification implies that one percent of GDP will lower real GDP by almost three percent. Additionally, changes in taxation are very much related to future changes, further, investments decline significantly following exogenous tax increases. Lastly, the study concluded that tax increases to reduce an inherited budget deficit do not have the large output costs associated with other exogenous tax increases. The observation, which points to the fact that improved welfare results from tax cuts are largely a position confounded by the New Keynesian multipliers which indicate that a tax cut should increase welfare mainly because it frees up private resources for spending. This thought is only countered by the initial Keynesian multipliers which have since been replaced by the more contemporary thought (Tsoukis, 2010). Therefore, it seems safe to base thoughts of tax policy changes on the view represented in this study. The main argument in this regard is that higher taxation acts as a disincentive to individuals and firms to work and invest.