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motivation - Coggle Diagram
motivation
benefits of motivation
less people will leave the business (less turnover rates)
Reliability and loyalty of workers increased
employees are more effective and efficient
motivational theories
Taylor's scientific management
workers mainly motivated by pay
workers work in tightly defined tasks/ very specific tasks
The thory consists of breaking down complex tasks into simpler ones
https://cdn.savemyexams.com/cdn-cgi/image/f=auto,width=1920/https://cdn.savemyexams.com/uploads/2023/03/1-4-4-taylors-scientific-management.png
An example of this method in real life would be Mcdonalds
steps of taylor's management
1.study and analyse the work process--> complex task broken down into simpler ones
standarise the work process-->look for the most efficient way to completethe process
3.select and train workers-->workers are selected by specific skills and are trained to do one specific task
Provide financial incentatives to motivate workers
advantages and disadvantages
advantages
specialisation of labour
better training for each one of the employees/ more specific
everyone follows standard procidures
increased efficiency
potential for explotation
disadvantages
workers not as interested in their job
limited application for creative jobs
overemphathis on efficiency reduces employee satisfaction and creativity
Herzberg's two factor theory
Herzberg's theory says that there are 2 factors that influence employees: hygene factors and motivation
hygene factors
factors that don't cause direct motivation but if they are missing they lead to dissatisfaction
exp:
light
pay
policies and rules
supervision
motivation
elements that lead to motivation and satisfaction of the employee
exp:
achivements
bonus
recognition
responsability
Maslow's theory of hyerarchy needs
the theory outlines the five basic needs of a human and places it in a pyramid
the needs in the pyramid go from more important on the bottom to less important to the top
https://cdn.savemyexams.com/cdn-cgi/image/f=auto,width=1920/https://cdn.savemyexams.com/uploads/2023/03/1-4-4-maslows-hierarchy-of-needs.png
as needs on the bottom of the pyramid are given the employee will look for the needs highr up on the pyramid
advantages and disadvantages
advantages
when needs are met and employees feel valued they work at a higher level
meeting needs improves staff loyalty
meeting the needs of an employee will lead to them being satisfied which leads to more productivity and less turnover rates
disadvantages
meeting individual demands can be expensive
It requires a lot of effort to find the best way to motivate workers
the business will need to change the strategy and create an aproach for every one of their employees
how businesses motivate employees
business acn use financial or non-financial incentatives to motivate a worker
financial incentatives
rewards or payments given to an employee in return of their labour
examples of financial incentatives
remuneration
Remuneration is the total compensation and rewards that an employee receives from an employer for their work
comission
a percentage of the sale revenue that is given to the employee who sold the product or service
bonus
An additional payment given to an employee for achieving a specific goal.
promotion
giving a higher level of responsability to an employee
higher pay is normally given with a promotion
fringe benefits
additional benefits that are given to a salaried employee
as for example things like car or healthcare
non-financial incentatives
job enrichment
giving an employee more challenging or meaninful tasks so they feel moer acomplishment
job rotation
giving staff varied roles within a business
autonomy
giving staff the authority to make decisions by themselves, giving them independence