lesson 6 stuff to learn Flashcards
what is motivation ?
the3 factors that influence the behaviour of employees towards achieving set business goals
what is labour productivity ?
a measure of the efficiency of employees by calculating the output per employee
what is absenteeism
employees’ non-attendance at work without good reason
what is labour turnover ?
the rate at which employees leave a business
what are the five levels of human needs ? (order of least to most important)
self actualisation, esteem needs, social needs, safety needs and physical needs
what are the methods of motivation
financial rewards and non-financial rewards ?
what are financial rewards
cash and non cash rewards paid to employees which are often used to motivate employees to increase their efforts
what are non-financial rewards ?
methods used to motivate employees that do not involve giving any financial reward