Problem of Pay Employees

Problem of Pay

Most employees who feel generously compensated repay the gesture, (Wagner & Harter, 2006 p. 195). Researchers shown if a company offers an above market rate, employees put forth more effort. It may be a challenge for some managers to gage effort based on pay. A skilled manager should be knowledgeable about regarding the average pay. An effective manager needs to make sure his employees pay is competitive. If an employee feels underpaid research shows that they will perform at the minimum level required. I find this statement to be true. If my company paid me 20% above market , I would feel valued. I would feel that they’ve invested in me and were concerned about my financial security.  

What Every Great Manager Needs

An organization needs to invest in people to promote great managing practices. One of the most fundamental needs of a great manager is a great manager (Wagner & Harter, 2006 p.197). The best managers take an interest in their employees and display emotional intelligence.  They are able to understand what motivates their team to succeed. A manager’s leadership style may impact his success. A great manager needs to be aware of how receptive his employees are to his leadership style.

The Heart of Great Managing

A reciprocal relationship is a partnership. You do for others as they would do for you. It’s give and take. An effective manager should be like this with his team. He should provide them with the tools to succeed and in return they should put forth effort to achieve their goals. Great managers achieve sustained profitability because they make a connection to something beyond profit (Wagner & Harter, 2006 p.202). Employees will work harder for a manager that cares for them. A board of directors may have activities or events away from work, that promote this element.