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Lincoln Electric How and why does Lincoln’s approach to motivating people work? How and why does Lincoln’s approach to motivating people work? –Making.

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Presentation on theme: "Lincoln Electric How and why does Lincoln’s approach to motivating people work? How and why does Lincoln’s approach to motivating people work? –Making."— Presentation transcript:

1 Lincoln Electric How and why does Lincoln’s approach to motivating people work? How and why does Lincoln’s approach to motivating people work? –Making everyone “owners” –Piece-rate wages –System meets many of Maslow’s motivation cirteria

2 Lincoln Electric What problems does this system create for management and the employees? What problems does this system create for management and the employees? –Coordinating the compensation system –Decreased morale in “bad” years

3 Lincoln Electric What types of employees would be happy working at Lincoln? What types of employees would be happy working at Lincoln? –People working hard –and are selfsdriven


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