{"id":57761,"date":"2021-10-11T00:22:50","date_gmt":"2021-10-11T00:22:50","guid":{"rendered":"https:\/\/papersspot.com\/blog\/2021\/10\/11\/week-3-journal-entry\/"},"modified":"2021-10-11T00:22:50","modified_gmt":"2021-10-11T00:22:50","slug":"week-3-journal-entry","status":"publish","type":"post","link":"https:\/\/papersspot.com\/blog\/2021\/10\/11\/week-3-journal-entry\/","title":{"rendered":"Week 3 Journal Entry"},"content":{"rendered":"<p>In early 2018, United Airlines President Scott Kirby emailed all 88,000 employees with an announcement: \u201cAs we look to continue improving, we took a step back and decided to replace the quarterly operational bonus and perfect attendance programs with an exciting new rewards program called Core4 Score Rewards.\u201dOld quarterly bonus system: if United (i.e., the company as a whole) met its performance goals, employees received a maximum of $375 per quarter. Recently employees received an average of $1200\/year in bonus.Core4 Score Rewards: if United meets its performance goals AND an employee has perfect attendance, that employee will be entered into a quarterly lottery for a range of prizes, from $2000 to Mercedes automobiles to $100,000. About 1.6 percent of employees would win something each quarter.Apply what you learned from &#8220;Do Financial Incentives Drive Company Performance?&#8221; to this real-life scenario. Using concepts from that reading, give 2 reasons why you think this would be a good or bad idea for United to implement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In early 2018, United Airlines President Scott Kirby emailed all 88,000 employees with an announcement: \u201cAs we look to continue improving, we took a step back and decided to replace the quarterly operational bonus and perfect attendance programs with an exciting new rewards program called Core4 Score Rewards.\u201dOld quarterly bonus system: if United (i.e., the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[10],"class_list":["post-57761","post","type-post","status-publish","format-standard","hentry","category-research-paper-writing","tag-writing"],"_links":{"self":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/57761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/comments?post=57761"}],"version-history":[{"count":0,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/57761\/revisions"}],"wp:attachment":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/media?parent=57761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/categories?post=57761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/tags?post=57761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}