motivation topic- HR Flashcards

1
Q

financial methods of motivation

A
  • promotion opportunities
  • company cars-FB
  • bonus schemes -
  • company pension-FB
  • good pay
  • staff discount -FB
  • health insurance -FB
  • piece work
  • commission
  • profit share
  • share ownership
  • profit related pay
  • FB- fringe benefits
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2
Q

non- financial methods of motivation

A
  • Job enrichment
  • Job rotation
  • Job enlargement
  • Good communication
  • Empowerment
  • Quality circles
  • Training
  • Flexible working
  • Praise
  • Recognition
  • Training
  • Social events
  • Good relationship with management
  • Interesting work
  • Flexible working
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3
Q

Problems with non-financial methods of motivation

A

-Existence of theory X managers
-cost
-External factors
-Structure of the workforce

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4
Q

Benefits of effective motivation

A
  • More efficient/productive
  • Lower unit costs
  • Better reputation to attract quality staff
  • Increased levels of innovation
  • Increased quality
  • Improved communication
  • Lower labour turnover
  • Greater work satisfaction
  • Improved customer service
  • Lower levels of industrial action
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5
Q

Importance to a business of having a motivated workforce

A

Motivated employees are more productive

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6
Q

Productive employees are ……….

A
  • more creative
  • more accurate
  • more analytics
  • better at handling problems and customer complaints
  • better customer service
  • better at selling
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7
Q

motivated staff are….

A

more reliable and loyal to the business…..

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8
Q

loyal staff are………

A

less likely to leave- improving about turnover rates

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9
Q

loyal and motivated staff are …….

A

less likely to take time off – improving absenteeism rates
this reduces business costs of having to recruit and train new staff to replace those that leave or hiring temporary staff to cover

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