Motivation Theories Flashcards
What are the 2 methods of employee motivation
Monetary
Non-Monetary
Monetary
Financial rewards
Money
Provided to employees for meeting their goals
E.g. Cash, Gift Cards, Paid holidays, etc.
Effective motivator for improving employee performance
Non-Monetary
An employee does NOT directly receive money
Physical rewards
E.g. a ticket to a show
Effective motivator for staff retention
Monetary Rewards
Bonuses
Fringe benefits – e.g. health insurance
Maternity/Paternity scheme
Performance-related pay
Profit-sharing – e.g. shares
Non-Monetary rewards
•Empowerment – being given more responsibility / confidence
•Consultation / Delegation – being involved in decision making
•Flexible working / Working from home
What are the 3 motivation theories
Maslow
Mayo
Herzberg
Maslow
pyramid of needs
people are motivated to fulfill basic physiological needs before moving on to higher-level
Maslow pyramid
Mayo
•self-actualization
•esteem
•love and belonging
•safety
•physiological
importance of social and emotional needs in employee motivation and productivity.
Key principles of Mayo
Social interactions
Social interactions and relationships at work significantly influence employee motivation and productivity.
Supportive work environment
Create a supportive and positive work environment where employees feel valued and respected.
Group cohesiveness
How well a group works together and overall morale
Leadership
Managers need good interpersonal and leadership skills, not just technical ability, to effectively lead a team.
Herzberg
also known as the two-factor theory
states that job satisfaction is influenced by two sets of factors
Hygiene factors and motivator factors
Hygiene factors
External conditions like salary, supervision, and workplace environment
Negative factors that decrease job dissatisfaction, like low pay and poor working conditions
Positive factors that satisfy basic needs, like good ergonomics and worker-friendly policies
Motivator factors
Intangible elements that increase job satisfaction, like recognition, achievement, and opportunities for personal growth (feelings and emotions)
Positive influences that cause employees to want to do a better job
Herzberg how to motivate employees
Give employees recognition and praise for their accomplishments
Provide opportunities for personal and professional growth
Create challenging and meaningful work
Increase employees’ sense of responsibility
Give employees ownership of their work
