Methods Of Motivation At Work Flashcards
What is remuneration
Remuneration is the money paid to employees for their work or services to an organisation
Describe time rates
Many workers are paid according to the amount of time they spend at work this payment system is called a time rate
What is piece rates
Getting paid according to how much you produce
What are the advantages of piece rates
-Rewards productive workers
-help motivate workers
What are fringe benefits
Fringe benefits are the perks over and above the normal wage or salary
What are fringe benefits
Fringe benefits are the perks over and above the normal wage or salary
What are the reasons for rewarding workers with fringe benefits
Cheaper
Productivity may improve
Help to attract and retain employees
Why do business use non financial rewards???
-Some people are not motivated by money
-since some people work in teams it might not be appropriate
What is job rotation
When employers change their jobs time to time
Advantages of job rotation
-Gives workers more variety
-Reduces boredom
-motivates workers
-provides the business with more flexibility
Disadvantages of job rotation
-training might be needed for some jobs which can be expensive
-lowers productivity since workers learn new jobs and take time to settle in
What is job enrichment
It means jobs should be made more challenging and rewarding
Advantages of job enrichments
-Gives employees opportunity to develop unused skills
-May feel valued
What is autonomy
Autonomy is giving workers the authority to make choices and decisions about the way they work
Advantages of autonomy
- helps motivate workers
-increases their self confidence