Analysis Paper

My trucking company is trying to reach a goal of successfully completing 50% of their usual monthly loads within two weeks. If this goal is met, I will be able to reward my five drivers with more days off and a bonus. There are several ways that the employees can be motivated and one of them is by giving them incentives. Giving my employees incentives means that the given target has been achieved over more than that which has been set. In most cases, the employees may feel that they are working hard not for their gains but to help the company. This is the reason why I want to align the company needs with those of the employees so that they will feel whatever it is they are doing will also benefit them and hence the motivation to make big achievements will be aroused.

            Cost-benefit analysis is in the simplest words possible defined as the procedure through which the cost of a business analysis is analyzed and even the profits that will be realized from the implementation of any business opportunity. Since the aim of every organization is to maximize profits, the cost involved should always be as low as possible. In this case, the best program to motivate my drivers was the use of financial incentives for them after they have acquired the target set. However, a good organization does not just implement ideas without a thorough evaluation of the cost and benefits of that idea.  In this case, the use of financial organizations would have one benefit and that is the increase of performance by the employees. The employees will feel that whatever it is they are doing is not for the good of the organization, but they will also benefit from it too, which will be enough to motivate them. More to this, they will be able to embrace teamwork and work together towards the achievement of the company’s goal. This is because after the financial incentive will only be given if all the employees deliver quality and not just one employee. The use of financial incentives has its disadvantages. The first one being the employees might not look at the quality of work they are delivering but rather, they will begin to focus on the quantity they are delivering so that they will reach the target and get incentives.