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As the controversies surrounding performance related pay have demonstrated, reward management is a key issue. Collecting the results of 'fieldwork' investigations in factories and retail outlets, this book measures output before and after a change in methods of remuneration. The link between productivity and stress is explored and conclusions drawn. An introductory chapter, by the eminent economist P. Sargant Florence summarises previously published productivity studies.
Excerpt from Incentives in the New Industrial Order A new Industrial Order is struggling into life, displacing piece by piece the old system of private capitalism over large areas of industry. That order was based upon unrestricted profit as the motive, competition as the method, the autocracy of the employer as the government. This motive, method, and government were qualified by considerations of usage, humanity and public opinion, the bargaining power of labour, and state regulations in the interest of workers, consumers, or the general public, but remained the dominant features of our economic system. The recent rapid growth of combinations on the part of Capital and Labour, the strength...
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