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motivation - Coggle Diagram
motivation
motivational theories
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Equity theory
His theory looked at the comparative view and awareness of what is deemed to be fair (equitable) in the workplace.
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Expectancy theory
it is assumed that workers will choose the route that offers the greatest probability of achieving their goals.
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3 motivators
Instrumentality
People hold the perception that if they meet performance targets then they will be rewarded accordingly
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Expectancy
People have different expectations about their capability and self-confidence in tackling a task. There are also different perceptions about the level of difficulty of the task.
advocates creating and maintaining positive links between the high level of effort (inputs) with appropriate rewards to generate high performance (outputs).
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Labour turnover
The amount of people who leave an organisation expresed as a percentage of the workforce per period of time
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Training
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enables workers to develop heir level of skills and expertise to develop competence in the workplace
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Types of training
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Inductio training
intended for new employees in order to help them acclimatise with the people, policies and processes of the organization.
Mentoring involves pairing, or attaching, an employee (the trainee or mentee) with a more experienced colleague (the mentor) who acts as a coach, trainer or advisor
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appraisals
the formal procedure of assessing the performance and effectiveness of employees in relation to their job description and the organization's business objectives.
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Types of appraisals
Formative appraisals
take place on a regular and continual basis in order to allow workers to improve their performance and effectivenes
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Recruitment
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main steps
job evaluation
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Helps determine the rewards, objectives andthe performance expected for the new employee
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Interviews
The interview enables the employer representatives to ask a series of questions to the applicants in order to assess the extent to which they might fit the job and the organization
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internal and external
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External recruitment
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done through
headhunters
are highly specialist individual agents or organizations that provides recruiting services on behalf of employers.
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Rewards
Financial rewards
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Salaries
A salary is a type of financial payment rewarding staff a fixed annual amount of money, but paid monthly.
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salaried workers may feel aggrieved during busier periods when extra work is not remunerated with extra pay.
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Comissions
Commission is a type of financial payment system that rewards workers a certain percentage of the sales of each good or service that they are responsible for completing.
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Performance related pay
s a type of financial payment system used to pay employees a bonus for reaching or exceeding a set target.
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Profit related pay
a type of financial reward system which remunerates workers a certain percentage of the annual profits that the business earns.
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Employee share ownership
a type of financial payment system that involves giving workers shares in the company they work for.
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Non financial
Non-financial motivation is based on intrinsic motivation, i.e., motivation that comes from within and is driven by personal satisfaction, passion, and a sense of accomplishment
Job enrichment
enhancing the experiences of workers, giving workers a wide range of challenging tasks and more responsibility at work
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Job rotation
s an operational management technique and form of non-financial motivation that involves workers switching between jobs (tasks) for a period of time.
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dis
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Some employees see this as merely adding to their workload, especially without remuneration
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Empowrement
is the delegation of decision-making power to workers, thereby helping to boost their morale.
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