This book gives you a comprehensive introduction to rewards in general and project team rewards in particular. Motivation theories and their impact on designing an effective and efficient reward system are explained. Throughout the book six so-called ‘reward questions’ are considered that need to be answered for designing a reward system. These reward questions are: Rewarding or not rewarding? Whom to reward? What to reward? What kind of reward? How much reward? When to reward? In addition, impacts of variable factors that may influence the answers to the reward questions are identified and explained. Some of those factors are employee’s age, the company’s culture but also project characteristics such as the project’s goal clarity, applied success criteria, project duration or member fluctuation.
After reading this book, you will not know the universally valid best reward practice that fits for every project team and every project. Such a best practice just does not exist in rewarding as also shown in the book. Instead, the book provides you with profound information that will help you developing your own good reward practice for your unique project and your unique project team. Finally, this will lead to higher project team members’ motivation and therefore higher probability of project success.
Primarily, the book’s target audience are project managers and line managers. Project managers shall be sensitised to the numerous aspects that need consideration for designing a reward system in general. Line managers shall be sensitised to the differences between line and project work and resulting differences in designing a reward system. In addition, this book is for interested students, professionals, and of course researchers in the field of team rewards and project team rewards respectively.
Download