MOTIVATING WORKERS
(JAMES FERDINAND BUSINESS - 9B)

REASONS TO MOTIVATE WORKERS

FACTORS OF MOTIVATION

FINANCIAL FACTORS

NON-FINANCIAL FACTORS

SALARY

WAGES

COMMISSION

BONUS

PERFORMANCE-RELATED PAY

PROFIT SHARING

BENEFITS:

  • HEALTHCARE
  • INSURANCE
  • EDUCATION FOR CHILDREN
  • FREE ACCOMODATION
  • PAID TIME OFF

JOB SATISFACTION

JOB ROTATION

TEAM WORKING

JOB ENRICHMENT

A feeling of enjoyment, because you feel that you've done a good job.

  • INCREASED PRODUCTIVITY

WHY PEOPLE WORK?

  • INCREASED EFFICIENCY
  • REDUCED LABOUR TURNOVER
  • INCREASED OUTPUT
  • REDUCED ABSENTEEISM

MOTIVATION THEORIES

  • IN TURN HIGHER PROFITS

HERZBERG

MASLOW

TAYLOR

  • Workers are motivated through personal gain.
  • Not practical in service industry (tertiary sector)
  • Piece-Rate System

MOTIVATORS:

  • WORK ITSELF
  • PERSONAL GROWTH
  • PROMOTION

ACHIEVEMENT

FACTORS:

  • STATUS
  • SECURITY
  • WORK CONDITIONS
  • SALARY
  • SUPERVISOR RELATIONSHIP
  • SUBORDINATE RELATIONSHIP
  • COMPANY POLICY
  • ESTEEM NEEDS
  • SELF-ACTUALISATION
  • SOCIAL NEEDS
  • SECURITY/SAFETY NEEDS
  • PHYSIOLOGICAL NEEDS

MOTIVATION DEFINITION: 

      - Someone drive to do and to continue to do something.
  • JOB SATISFACTION
  • SOCIAL NEED
  • ESTEEM
  • MONEY
  • EXPERIENCE
  • Learn about their careers.
  • Self-Importance
  • Being happy that you've done a good job.
  • Help others, helping friends at work.
  • Pay for Needs
  • The process of collaborating with a group of people to accomplish a common objective.
  • A method of re-assigning workers to various jobs in order to increase their experience.
  • It is a process that involves adding certain aspects to tasks in order to make them more appealing.
  • It means to compensate an employee, like giving an employee their base salary.
  • It is a salary that is linked to an employee's performance.
  • A set recurring payment given by the employer to an employee on a monthly or weekly basis.
  • It is a set amount of money paid to an employee by their employer.
  • Money added to a wage or salary, given as a reward.
  • Profit sharing refers to different incentive programmes used by companies that offer payments to workers based on the company's profitability in addition to regular salaries and bonuses.
  • Pay for Wants