People in business topic two Flashcards
Business
Definition of Motivation
Motivation is the reason why employees want to work hard and effectively for the business.
Why work?
Money - to pay for necessities and some luxuries
Social needs/effilication - feeling part of a group,organisation, meeting people and making friends at work
Security - a sense of security, knowing that your job and pay are safe you are not likely to lose your job
Motivation theories F.W Taylor
- employees are motivated by many things and not just money
- you can pay it employ me more money, but if they are on the bill by the work in someway there will be no increase in the effectiveness at work, and there will be no productivity gains
- a practical problem arises if you cannot easily measure an employees output
Maslow theory
known as the Hierarchy of Needs, suggests that people are motivated by different needs, which are arranged in a pyramid from basic survival needs like food and shelter to higher-level needs like belongingness, esteem, and self-actualization. Money is the main motivator
Herzberg
The hygiene factors - (status, security, work, conditions, company, policies, and administration relationship with supervisor and subordinates salary)must be satisfied if they are not satisfied, they can act as the motivators to the worker, whoever they do not act as motivators. True motivators are achievement, Recognition, personal growth/development advancement/promotion work itself.