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Words: | Submitted: Sun Aug 17 2003
... His methods are still evident in big business countries such as the US, Japan and former communist countries because they were so efficient, if not motivating. Taylor came up with the phrase 'Economic man' to describe workers nature, this theory was that workers only worked for the purpose of getting money. He believed managers needed to devise efficient systems to maximise profits so the workers could be paid more and managers needed to devise threats and incentives. This is the most basic type of motivation that any of the four theorists being covered came up with, and possibly the one least likely to produce good results in today's workplace. Taylor's method that linked with this theory was known as differential piece rate, whereby the workers would be paid a barely living wage below a threshold and then a generous wage per unit above this threshold. Even though Taylor was ...
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