2 People in an Organisation - 2.2 Motivation Flashcards
Define Motivation
The internal and external factors that stimulate people to take action that lead to achieving a goal
Define Job Enrichment
Aims to use the full capabilities of workers by giving them the opportunity to do more challenging and fulfilling work
What are the different payment methods?
- Time Based
- Salary
- Piece-Rate
- Commission
- Bonuses
- Profit Sharing
- Performance Related Pay
Define Time Based payment method
Where workers are paid for each period of time they work
Define Salary payment method
An annual income that is usually paid on a monthly basis
Define Piece-Rate payment method
Payment to a worker for each unit they produce
Define Commission payment method
Payment to a salesperson for each sale they make
Define Bonuses payment method
An addition payment to the contracted wage or salary
Define Profit Sharing payment method
A bonus for staff based on the profits of the business (normally paid as a proportion of basic salary)
Define Performance Relate Pay payment method
A bonus scheme rewarding staff for above-average work performance
What are the Non-Financial Motivators?
- Training
- Induction
- Opportunities for Promotion
- Development
- Job Re-Design
- Team Working
- Fringe Benefits/Perks
Define Training as a Non-Financial Motivator
Work-related education = increase workforce skills + efficiency
Define Induction as a Non-Financial Motivator
An introductory training program to familiarise new recruits with the systems used in the business and layout of business site.
Define Opportunities for Promotion as a Non-Financial Motivator
When employees are moved to a level higher in the organisational structure (usually have more responsibilities)
Define Development as a Non-Financial Motivator
These are tasks and processes that develop and implement opportunities for growth within and between organisations