2.1 – Motivating Workers Flashcards
Why do people work?
- Have a better standard of living
- Be secure
- Gain experience and status
- Have job satisfaction
Define Motivation
The reason why employees want to work hard/effectively for the business
Types of Motivators
- Money
- Socail needs
- Esteem needs
- Job satisfaction
- Security
Why motivate workers?
- Increased productivity
- Increased efficiency
- Decrease absenteeism
- Decrease labour turnover
- Increase profits
Types of Motivation Theories
- Taylor’s Scientific Management Theory
- Maslow’s Hierarchy of Needs Theory
- Herzberg’s Two Factor Theory
Concept of Taylor’s Motivation Theory
- Workers are motivated by money
- Piece-rate system (paid for no. of output produced)
- Scientific management in production
- Division of Labour
Cons of Taylor’s Motivation Theory
Cons:
1. There are more important motivators than money
2. Piece rate system isn’t measurable & doesn’t guarentee quality
Concept of Maslow’s Motivation Theory
- Employees are motivated by each level of the hierarchy
https://igcseaid.files.wordpress.com/2020/05/maslows-heirarchy-e1589767895741.png
Cons of Maslow’s Motivation Theory
Cons:
1. It doesn’t apply to all workers
Concept of Herzberg’s Motivation Theory
People have 2 sets of needs:
1) Basic animal needs called ‘hygiene factors’:
-status
-security
-work conditions
-company policies and administration
-relationship with superiors/subordinates
-salary
2) Needs that allow worker to grow psychologically, called ‘motivators’:
-achievement
-recognition
-personal growth/development
-promotion
-work itself
Hygiene factors need fulfilment, if not it de-motivates.
Motivators truly motivate workers.
Types of Financial Motivators
- Wages
- Salary
- Commission
- Bonus
- Performance-related pay
- Profit-sharing
- Share ownership
Define Time-Rate Wage
Pay based on no. of hours worked
Define Peice-Rate Wage
Pay based on no. of output produced
Types of Non-Financial Motivators
- Fringe benefits
- Job Satisfaction
- Job Rotation
- Job Enlargement
- Job Enrichment
- Team-working
- Training
- Promotion