Topic 4 - Human Resources (3. motivating employees) Flashcards

1
Q

Motivation

A

The drive to work hard and effectively for a business

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2
Q

Financial motivation

A

Good work is rewarded with money in the form of extra pay such as commission and bonuses

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3
Q

Non-financial motivation

A

Fringe benefits or perks and job satisfaction

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4
Q

Abraham Maslow

A

An American psychologist

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5
Q

Maslow’s hierarchy of needs

A

A pyramid diagram representing basic needs at the base moving up to higher-level needs at the top

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6
Q

Physical needs

A

Housing, food, electricity, and services

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7
Q

Security needs

A

Personal safety and safety of possessions, no risk of crime

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8
Q

Need to belong

A

Sense of being part of a larger group or enterprise

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9
Q

Self-esteem needs

A

Self worth, ego and sense of personal success

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10
Q

Self-actualisation

A

Reaching maximum potential, being stretched to the limit of your abilities

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11
Q

Job-enrichment

A

Adding motivators to roles to increase satisfaction and productivity for staff

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12
Q

Fringe benefits

A

Extra benefits such as free child care, company car, staff canteen, etc

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13
Q

Remuneration

A

Wages or salary paid to employees plus any extra benefits, perks, company pension, etc

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14
Q

Salaries

A

Money paid to employees monthly at a set amount, not dependant on hours worked, expressed as an annual figure

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15
Q

Wages

A

Money paid, often weekly, to employees dependent on the number of hours worked, expressed as an hourly rate

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