AOS 2.3 Flashcards
Motivation
willingness of an individual to expend energy and effort into a task
Performance related pay
a financial reward that employees receive for reaching or exceeding a set business goal such as a pay rise
Performance-related pay (+)
+ Can be used to motivate many employees at once
+ Employees can personally gain from achieving objectives through tangible reward
Performance-related pay (-)
- May take harmful shortcuts to achieve objective, compromising quality
- Increase overall expense of wages significantly
Career Advancement
upwards progression of an employee’s job position`
Career Advancement (+)
+ Employees can complete tasks more effectively after improving skill set
+ Employees feel more valued
Career Advancement (-)
-Training may not be directly relevant to tasks undertaken by employees
-Training programs can be costly for a business
Support Strategies
involve providing employees with any assistance that improves their satisfaction at work
Support Strategies (+)
+ May feel more valued by managers, as their wellbeing is considered
+ Problems can be dealt with efficiently before they escalate saving time
Support Strategies (-)
- May not motivate employees quickly if they do not see benefits of support in short-term
- Hiring wellbeing support can be costly
Sanction Strategies
penalising employees for poor performance or breaching business policies
Sanction Strategies (+)
+ Can pressure employees to act in accordance with management instructions
+ Can motivate employees immediately as they will improve performance quickly to avoid punishment
Sanction Strategies (-)
- Levels of trust between employees and management may decrease
- Replacing employees who have left due to excessive penalties can be time consuming/costly