Motivation Flashcards
Why is motivation important
Staff work harder which means higher productivity
More likely to stay with the firm
May attract new employees
Financial motivation methods
Remuneration
Bonuses
Commission
Fringe benefit
Promotion
Remuneration
Money given to an employee in return for work or service
Bonus
Extra money given to a person when certain performance targets have been met
Comission
Paid to staff for every item they sell
Fringe benefit
Any reward that is not part of a workers main income
Non financial
Job rotation
Job enrichment
Autonomy
Job rotation
Occasionally moves workers from one job to another
Autonomy
Giving workers freedom to make their own decisions
Job enrichment
When a worker is given greater responsibility