Employee Motivation in Practice Flashcards
Why do people work
- to earn money
- for a sense of achievement
- to belong to a group
- for a sense of security
- to obtain a feeling of self worth
How did Taylor motivate employees?
-emphasise pay, in particular piece rate
What did Mayo, Herzberg and Maslow think was important for financial rewards to motivate?
- job financial rewards such as team working, empowerment or job enrichment, acted as a better incentive for employees to work harder
Wages
Normally pairs per hour worked and receive money at end of week
Salaries
Normally an annual salary which is paid at the end of each month
Bonus system
Usually only paid when certain targets have been achieved
Profit sharing
A system whereby employees receive a proportion of company’s profits
Performance related pay
Paid to those employees who meet certain targets
Share options
Common incentive for senior managers who are given shares in company rather than a straightforward bonus or membership of a profit sharing scheme
Fringe benefits
Items an employee receives in addition to their normal wage or salary e.g company car, private health insurance
Job empowerment
Delegating power to employees so they can make their own decisions
Praise
Recognition for good work
Promotion
Promoting employees to a position of higher responsibility
Job enrichment
Giving employees more challenging and interesting tasks
Job enlargement
Giving employees more take of a similar level of complexity
