Motivational Strategies

What is Performance-related pay? (+ 3 examples)

where an employees salary or bonus is linked to performance eg. pay increase, bonus, shares

Advantages (2) and Disadvantages (3) of Performance-related Pay

performance is rewarded, increased employee productivity. workplace jealousy, expensive for business, won’t motivate all employees

What is Career Advancement? (+ example)

where an employee has the opportunity to take on greater responsibility in the business eg. promotion

Advantages (3) and Disadvantages (3) of Career Advancement

retaining employees, rewards employees, satisfies desire for responsibility. conflict over limited positions, resentment, can’t promote beyond capacity

What is Investment in Training?

improving the skills of employees so they can perform to higher levels

Advantages (3) and Disadvantages (3) of Investment in Training

shows employees they are valued, more productive employees, increase staff loyalty. can be expensive, employees may leave once they are trained, training is not motivating for everyone

What is Support Strategies? (+ 3 examples)

where employees are provided with the resources they need to perform their role eg. supportive management, mentoring, counselling

Advantages (2) and Disadvantages (2) of Support Strategies

little to no cost, shows employees they are valued. employees may become to dependant on support, requires positive corporate culture

What is Sanction Strategies? (+ 2 examples)

where employees receive penalties or consequences for poor performance eg. loss of benefits, demotions

Advantages (2) and Disadvantages (3) of Sanction Strategies

improve employee performance, quickly stop inappropriate behaviours. reduce corporate culture, resentment of management, only a short-term motivator