Motivation Flashcards

1
Q

Why is motivation important

A

Staff work harder which means higher productivity
More likely to stay with the firm
May attract new employees

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2
Q

Financial motivation methods

A

Remuneration
Bonuses
Commission
Fringe benefit
Promotion

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3
Q

Remuneration

A

Money given to an employee in return for work or service

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4
Q

Bonus

A

Extra money given to a person when certain performance targets have been met

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5
Q

Comission

A

Paid to staff for every item they sell

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6
Q

Fringe benefit

A

Any reward that is not part of a workers main income

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7
Q

Non financial

A

Job rotation
Job enrichment
Autonomy

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8
Q

Job rotation

A

Occasionally moves workers from one job to another

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9
Q

Autonomy

A

Giving workers freedom to make their own decisions

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10
Q

Job enrichment

A

When a worker is given greater responsibility

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