SECTION 2 (motivating employees) Unit 6 Flashcards
motivation
main reason why employees want to work hard and work effectively for the business
why do people work
> money: to pay for necessities
security: a sense of security not losing your job
social needs: feeling a part of a group
esteem needs: feeling important
job satisfaction: enjoyment is derived from feeling you have done a good job
benefits of a well motivated work force
> high productivity
high output per worker
willingness to accept change like new methods
two way communication with management
low labour turnover/ loyal workforce
low rate of absenteeism
low rate of strike action
motivation theories
Maslow hierarchy of needs
Taylor money is the main motivator
herzberg hygiene and motivation
wage
payment for work usually paid weekly
time rate
the amount paid to an employee for one hour of work
piece rate
the amount paid per each unit of output