Apple Motivates All Its Employees Commerce Essay

apple Motivates All Its Employees Commerce Essayorchard apple tree is regarded as the about innovative and esteemed confederation in the world (Fortune 2009). correspond to Armstrong (2007) and Legge (2009) firms should bring into action a total reward system that puts together both financial and non-financial benefits. This is exactly what orchard apple tree has done to date and stipulation its success, this advent has proven to be useful. orchard apple trees employees might even be do by Steve Jobs autocratic leadership style (Thomke, et al, 2009), as the positive aspects of on the hypothecate(p) for the company outweigh the negative aspects of being threatened. Apple desires to own a bunk arrange that encourages creativity from the top most management to the lower most workers. Apple puts together both outer and inner motivational methods to change their employees to be innovative. T here ar various methods that Apple Inc. uses to motivate its workers. Once, the exec utives of Apple were rewarded by braggy the recognition bonus of 3-5% of their basic salary. This recognition took place despite the fact that Apple youthfully missed their goal/ maneuver for a particular project (ZDNet 2003). This shows that Apple comprehends groups efforts.New Recruit nation who get selected to work for one of the most prestigious organization in the world get current excited well before their startle solar day at work. But, Apple makes sure that their first day is highly motivational from the succession they step into the office. Apple does this by issuing a memo to every cutting employee on the very first day explaining them as to how they should entrance their efforts and contribution at the company. There has been a evasion of this memo in the recent past, numerous people say its not the legitimate one but majority believes it is. It goes something the like this Theres work and theres your lifes work. The diverseness of work that has your fingerpr ints all over it. The kind of work that youll never agree on. That youd sacrifice a hebdomadend for. You can do that kind of work at Apple. People dont come here to play it safe. They come here to swim in the deep end. They want their work to add up to something. any(prenominal)thing big, something that couldnt happen anywhere else. Welcome to Apple. This really boosts the energy level of the new joiners and gives them high motivation to show off their skills and talent.Benefits IncentivesAs we all f atomic number 18 benefits package depend upon position, location, and years with the company. Same is followed by Apple as well, but they provide plenty of flexibility within the organization for employees and their family. Some of the Incentives that Apple provides argon -Health and Life indemnity.Long term allot insurance.Employee stock purchase plan.Financial education seminars.Flexible spending accounts. on the spur of the moment and Long-term disability coverage.Tuition assis tance.Paid vacations and Holidays.Onsite fitness center.Computer Programs.401(k) proposal with company match.Apple in like manner motivates all its employees by giving them deduction on the products which is very beneficial for most of them. Apple allows them to use this inducement only if once every three years, but it could come into very handy when it comes to Mac or IPods. Employees who work at the management or corporate level can receive free IPod shuffle or IPhone. Many employees at Apple are simply actuate to see the outcome of their efforts on a particular product instead of funds can some clock be very encouraging for the employees to learn to a greater extent and complete better. It also proves to be in force(p) for the company as giving product is cheaper than giving them a raise. Due to high sales in the recent past for Apple, they have provided the employees with more vacation days which again add up to the motivational benefits from the managements point of view.While few workers have complained regarding the salary provided, many Apple employees praised the benefits provided to them even if they only worked part- clip. At present, Apple provides workers who work 20 or more hours a week with 401k and wellness benefits. Most jobs are avail sufficient both for regular and part-time, besides the managerial positions. Apple takes in many employees on seasonal basis, especially during back-to-school compass point or Christmas holidays starting from Thanksgiving. Although they are offered these benefits, but many workers say that these plans are costlier than their full-time counterparts.The above clearly indicates that there is difference in benefits and incentives provided to the full-time employee when compared to part-time employees. This is generally because the amount of work the full-time employee does under such an immense pressure, whereas, part-time employee not necessarily work the entire week because their schedule is change d on every week basis. Other reason could maybe be that part-time workers dont really require the rest of the benefits as they are there only for a limited time period.Job gratificationThe new CEO of Apple Tim Cook has been leaving his mark in the company very firmly. Recently in Wall alley Journal, it was describe that Cook is expanding the corporate benefits, such as to take some time off and the freedom to work on personal projects. Although Apple compose provides fewer perks compared to some other big companies like Google, Microsoft, etc. Cooks approach in the recent past has been the differentiating factor between him and Steve Jobs. When Wall Street Journal interviewed certain Apple engineers last year they had many good things to share or say about Cook rather than Steve Jobs. They gave examples like Cook is willing to eat with the lower level of employees at the cafeteria, much keener to publicly recognize the work done by his employees, him starting tender matching p rogram at Apple last year. They concluded by saying that he is way more approachable than Steve Jobs was. All this recent activities done by Cook will lead to better job satisfaction than what Apple had earlier. Steve Jobs wasnt that much have-to doe withed in the motivational sector, although he did a lot for the employees during the entire period that he served at Apple as a CEO. But, Cook has shown much more concern and interest towards employee welfare by adopting new techniques and make himself more accessible to the employees. This unimp separatelyably gives the employees much better satisfaction as they now have growth incentives and making them feel what they do is known to the world through their name. notes as motivator?One of the process theories which are the goal-setting theory applies to the firm, focuses on the motivational properties of task goals. Employees within the company are highly motivated to attain task goals, which provide direction to employees in thei r work. The proper mannikin management of goals within Apple helps clear out performance expectations in the organization. They provide a base for behavioral self-management, which helps employees to improve their performance and be motivated on their job.Apple applies to the reinforcement theory of motivation because it focuses on the external environment and the consequences it holds for the individual. The organization mostly applies to the positive reinforcement scheme which strengthens or increases the frequency of desirable behavior by making a pleasant consequence contingent on it occurrence. Examples of positive reinforcement at Apple include the rewards given by Jobs as mentioned above (opening champagne, vacations, company parties). All employees are motivated to do their best work to hand goals because of the rewards they can receive.Incentive compensation system is another method that Apple uses to motivate employees. This includes bonus pay, which provides payments on accomplishing the targets or goals given to specific employee during a particular period. They also have an employee stock ownership plan as mentioned earlier. The performance incentive and ownerships share of ones employment is directly linked to each other. Employees who hold stock of the company are self-motivated to work hard and perform better to raise the market value of the organization.Apple Inc. tries to keep a balance between both financial and non-financial motivators. Although many a times its clearly indicated that Apple uses monetary terms more for the welfare of the employee mainly because, then the employee can use it the way he likes it. The organization also uses non-monetary means to keep their employees pumped up on a prevalent basis but Apple obviously prefers to use financial incentive. This could be in wages/salary form, bonus (executives gainful 3-5% of their base salary), paid leave, to be able to buy stocks at a cheaper value, different insurance poli cies, etc.All put in a nutshell, Apple is unimpeachably doing a lot for its employees as present, whether at corporate level or for the workers, be it for full time employees or part time workers. forrader people did have complaints regarding the motivation, salary, incentives, bonus, working hours, etc. but as time is passing by Apple is learning the tricks and trade of it and also is making sure that it brings into action the most suitable and the right motivational strategy for its employees to perform better and make sure Apple stays real strong in the market. The backbone for any company is its employees and so is for Apple. later the death of Steve Jobs, people talked within themselves whether Cook will be able to fit in Steve Jobs shoes or not? And all the critics were onto it in a flash. Keeping all this in mind and the fact that many people believed that Apple may see a downfall receivable to Jobs death, but from the time Cook has taken charge Apple hasnt looked back. I n fact Tim Cook has 97% of Approval rating in equation to Steve Jobs 95% of Approval rating.Here are some of the famous quotes by Steve JobsInnovation distinguishes between a leader and a follower.Be a yardstick of quality, some people arent used to an environment where excellence is expected.The only way to do a great work is to love what you do.The people, who are crazy enough to think they can change the world, are the ones who do.