1/16
Looks like no tags are added yet.
Maslow’s theory
Employees are motivated by 5 levels of needs, from basic needs like food and safety to reaching their potential
Herzberg’s Two-Factor Theory
Hygiene factors such as pay and working conditions prevent dissatisfaction while ,Motivators such as recognition and responsibility create job satisfaction
Taylor’s Scientific Management
Employees are mainly motivated by money. Higher pay for higher output can encourage employees to be more productive
Mayo’s Human Relations Theory
Employees are motivated by teamwork which means having good relationships and feeling valued by managers
Impact of motivation
Higher productivity, better service, lower absence and staff turnover
Salary
Fixed regular payment for a job
Wages
Money paid based on the number of hours worked or shifts completed
Bonus
Extra money awarded for meeting targets or achieving good performance
Commission
Extra payment based on the number or value of sales an employee makes
Piece rate
Employees are paid for each item they produce or complete
Profit sharing
Employees recieve a percentage or share of the businesses profits
Job Enrichment
Giving employees more responsibility and challenging tasks to make work more rewarding
Job enlargement
Giving employees additional tasks at the same level of responsibility
Job rotation
Moving employees between different tasks or roles to develop skills and reduce boredom
Recognition
Praising employees for their hard work and achievements to make them feel valued
Promotion
Offering employees a higher position with more responsibility and opportunities
Training and Development
Improving employees’ skills and knowledge to build confidence and improve performance