Motivation
The internal & external factors that stimulate the desire in workers to be continually be interested in & committed to doing the job well.
Benefits of well-motivated workers for the business
How to satisfy human needs
Social connections, Challenge, Significance & Certainty.
Social connections
Working in groups/teams.
Challenge
Providing different work tasks & chance of promotion.
Significance
Praising & recognizing performance.
Certainty
Providing job contracts & offering job security.
Financial Motivators
Time-based wage rate, piece rate, salary, commission, bonus payment, performance related pay(PRP), profit sharing, share-ownership schemes & fringe benefits.
Piece rate
(Frederick Taylor) Payment to a worker each unit is produced
Advantages of piece rate
Disadvantage of piece rate
Piece rate is used in situations
Self actualisation
A sense of self fulfilment reached by feeling enriched and developed by what one has learned and achieved.
Why are there motivation theories?
These attempt to identify which human needs can be satisfied at work and how workers can be motivated to work.
People are motivated by money alone
Frederick Taylor
Elton Mayo assumed that…
Working conditions like lighting, heating and rest periods have a significant effect on workers productivity.
Hierarchy of needs are made by…
Abraham Maslow
Hierarchy needs structure
Physical needs, safety needs, social needs, esteem needs, self actualisation