Business Pack 3

Helps you to understand Business better. All the best Danish!

Motivation

The process of encouraging employees to work well.

Importance of worker motivation

Motivated workers are likely to work harder and be more productive.

Wage

Payment to a worker, usually based on hours worked.

Salary

A fixed payment made to a worker, usually paid on a monthly basis.

Bonus

Extra money given to an employee as a reward for good performance.

Training

Teaching employees the skills needed to perform their jobs.

Key benefit of employee training

Workers gain skills that allow them to become more productive.

Recruitment

The process of finding and hiring new employees.

Interview

A meeting used by employers to assess and choose the best person for a job.

Communication

The sharing of information between people.

Internal communication

Communication that takes place between people inside the same business.

External communication

Communication with people or organizations outside a business.

Productivity

The amount of output produced by workers.

Impact of high worker motivation on productivity

Productivity is likely to increase.

Consequences of unhappy employees

Employees may work less effectively or leave the business.