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Exploring employee preferences for the Farm Credit System incentive program

Master of Agribusiness / Department of Agricultural Economics / Brian Niehoff / The purpose of this thesis was to examine the relative efficacy of the incentive plan for loan
officers within Farm Credit of the Virginia’s, ACA (FCV). The purpose of FCV’s incentive
plan includes promoting firm financial growth and stability, employee retention, and
encouraging teamwork. Incentive plans are important financial decisions for companies and
these plans have upside potential and downside risk that should be considered in the
decision making process. A literature review was conducted to analyze incentive practices
and management theory in addition to a review incentive plans from other Farm Credit
associations. A survey was also conducted to understand loan officer perceptions of the
current incentive plan at FCV. The results of the survey provide insight into employee
perceptions about job satisfaction, intrinsic motivation, extrinsic motivation, organizational
commitment, understanding of the incentive plan, and timing of incentives. Finally,
observations with regards to potential improvement in the incentive plan were provided.

Identiferoai:union.ndltd.org:KSU/oai:krex.k-state.edu:2097/14042
Date January 1900
CreatorsCrider, Autumn Marie
PublisherKansas State University
Source SetsK-State Research Exchange
Languageen_US
Detected LanguageEnglish
TypeThesis

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