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Total rewards strategy for a multi-generational workforce

Dissertation (MBA)--University of Pretoria, 2010.

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Other Authors: Bussin, Mark
Format: Thesis
Published: University of Pretoria 2013
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access_status_str Open Access
author2 Bussin, Mark
author_browse Bussin, Mark
author_facet Bussin, Mark
collection Thesis
dc_rights_str_mv © 2010 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretori
description Dissertation (MBA)--University of Pretoria, 2010.
format Thesis
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institution University of Pretoria (South Africa)
last_indexed 2026-06-10T12:40:00.333Z
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provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2013
publishDateRange 2013
publishDateSort 2013
publisher University of Pretoria
publisherStr University of Pretoria
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spelling oai:repository.up.ac.za:2263/26571 Total rewards strategy for a multi-generational workforce Bussin, Mark dirkvrooy@gmail.com Van Rooy, Dirk Jan UCTD Reward preferences Total rewards strategy Generation Dissertation (MBA)--University of Pretoria, 2010. The presence of different generations in a workforce can cause several complications in terms of employee performance and rewarding a workforce effectively. The preferences that each generation has towards a certain reward differs and therefore nullify a homogeneous total reward strategy. The study is aimed at uncovering if there are any generational specific preferences for certain rewards; and if they exist, can a company use them to attract, motivate and engage their workforce better than with a standardised total reward package as currently exists in the work environment. A quantitative study using a questionnaire as the data collection method was performed on a company in the South African financial industry, to determine if there is any evidence of a disparity in the preferences the identified generations have to the same package of rewards. The sample size collected was 6 316 respondents and the analysis of their responses were statistically completed. It was found that the different generation cohorts have different preferences to components of the total reward package. As each of them value a reward diffently, a more strategic approach in using the total reward package should be considered by the employer. Gordon Institute of Business Science (GIBS) unrestricted 2013-09-07T06:37:45Z 2011-10-04 2013-09-07T06:37:45Z 2011-04-12 2010 2011-07-23 Dissertation Van Rooy, DJ 2010, Total rewards strategy for a multi-generational workforce, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/26571 > F11/589/ag http://hdl.handle.net/2263/26571 http://upetd.up.ac.za/thesis/available/etd-07232011-130927/ © 2010 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretori application/pdf University of Pretoria
spellingShingle UCTD
Reward preferences
Total rewards strategy
Generation
Total rewards strategy for a multi-generational workforce
title Total rewards strategy for a multi-generational workforce
title_full Total rewards strategy for a multi-generational workforce
title_fullStr Total rewards strategy for a multi-generational workforce
title_full_unstemmed Total rewards strategy for a multi-generational workforce
title_short Total rewards strategy for a multi-generational workforce
title_sort total rewards strategy for a multi generational workforce
topic UCTD
Reward preferences
Total rewards strategy
Generation
url http://hdl.handle.net/2263/26571
http://upetd.up.ac.za/thesis/available/etd-07232011-130927/