Motivation is the way to let a person to be moved to do something (Ryan & Deci, 2000, p54). Nowadays, most companies all around the world start to reduce their budget for motivating their staff (Quarterly, 2009, p2). However, some other companies try to use other ways to motivate their staff in order to develop their talent and make profits (Quarterly, 2009, p2). It is interesting that why different companies and organizations try to use two totally opposite way to manage their financial problems. In one opinion, there could be two reasons. The first is that the cost of motivating staff is relatively high. The second reason may be that although a company has spend a lot of money on motivating, the effect from motivating do not worth the …show more content…
Conference is usually about large meetings in the United Kingdom (Swarbrooke & Horner, 2001, p4). Tom Costley made a British Conference Market Trends Survey showed that the whole conference industry in United Kingdom had already been £2000 million in 1998 (Swarbrooke & Horner, 2001, p32). Otherwise, conferences also bring a number of impacts to the society and organizations. To society, international conferences help the world to improve the performance better. It will also bring economic increase to local. A report entitled Beyond Tourism Benefits: measuring the Social Legacies of Business Events demonstrated the huge economic and social impact affected by five international conferences held in Sidney (BESydney, 2010). To organizations, there are three benefits. The first benefit is that the organization can make big decisions much more quickly than ask every opinion from staff or sending emails to collect information. As all the staff will be told about the conference at least a week before, they will prepare for the topic and then show their opinion during the conference. The second is that conference can improve the communication among the whole organization. People from different departments could see each other and share information. Especially in a big organization, there are so many departments and staff. Some of them are even not in the same country. They can communicate with each other,
Employee motivation is, or at least must be, one of the key issues for directors, managers and personnel managers. The leader must be able to find the sensitive strings of his subordinates, which can be motivated by influencing them to achieve high performance. The correct use of motivation encourages staff to make more efficient use of their knowledge, skills, and talents. In today's turbulent, often chaotic environment, commercial success depends on the employee's talent and effort. Despite the many existing theories and practices, some of the motivation of leaders today remains a mystical term. This is partly due to the fact that people are motivated by different things and techniques.
Motivation is derived from an internal force that provides an individual the opportunity to achieve their needs or goals. People are motivated by a variety of things and often have different motivating factors. Employers should be mindful of individual motivating factors when attempting to motivate staff to increase performance. While some people may be motivated by money, many are motivated by things like: recognition, promotion, and increased responsibility. Once an employer has identified motivating factors they are able to analyze a variety of motivational theories to design and implement a program that will motivate employees to go above and beyond what is expected of them.
There are as many different methods of motivating employees today as there are companies operating in the global business environment. Still, some strategies are prevalent across all organizations striving to improve employee motivation. The best employee motivation efforts will focus on what the employees deem to be important. It may be that employees within the same department of the same organization will have different motivators. Many organizations today find that flexibility in job design and reward systems has resulted in employees ' increased longevity with the company, improved productivity, and better morale.
It is very important to learn how to motivate employees, employees are one of the most important tools for any business, they are the ones that have a direct contact with customers. As we go over the chapter we learn that in order to motivate employees’ money is not the best option. We can motivate employee make the feel valuable, understanding their personal needs, thank them for their job performances, recognizing their improvements, respect them, etc. If an employee is happy at his job environment their performance will be the best, and management doesn’t have to be over them all the
So often we find that unsuccessful firms have staff that does not perform well according to their bad working conditions. The motivation factors include a sense of achievement, recognition, advancement, enjoyment of the work itself, the possibility of personal growth, and a sense of responsibility. Increasing job satisfaction and motivation and improving mental health, therefore, lead to increase productivity. Herzberg has called for attention to the need for increased understanding of the role of motivation in work organizations. He advanced a theory that was simple to understand and offered managers specific recommendations for actions to improve employee motivational levels. He also argued that money is not the most potent force on the job. According to this theory the most effective way to stimulate motivation is to improve the work itself. Herzberg argues that the most appropriate technique for building in motivation factors to enrich jobs. Job enrichment means expanding the critical functions and challenges of individual jobs (2/205). There are so many different ways to motivate employees. Employers can motivate their workers as individuals, groups, teams, or the organization as a whole. Motivation takes forms like offering rewards and employee recognition. Team-based reward systems have been raised as an issue in work management areas. Many employees prefer team-based reward systems to an individual approach. In a business journal in San Diego published an
The world is moving forward, so should everyone else, the organizations these days are spending more time thinking about motivating the employees than they would have a decade ago. New and improved motivational techniques are taking shape to improve work flow and reach the common or organizational goal at an earliest and at the closest efficient level possible. Motivation has stood out as the sole weapon against lethargy.
There are very many factors that motivate employees to do outstanding work in their jobs. Though most of them are non-monetary factors like participative decision making, work teams, challenging jobs, goals in life or in the company, power and other factors. Most of the employees that emerge in their workplace, either in a small cubicle or a mega office have got some drive that enable them to perform in their work, but the key question is, is money is the key motivation in their workplace? In this essay both sides will be argued in order to find the answer to this (Robbins, Odendaal & Roodt, 2003).
The motivational strategies developed by most companies refer to financial motivation, but also to other types of compensation and benefits that can stimulate employees' work improvements (McNamara, 2010). Such compensation and benefits usually refer to bonuses, paid vacations, public acknowledgement of results, paid subscriptions to health and fitness clubs, training programs intended to improve employees' skills, and others. There are numerous types of compensation and benefits that can be addressed, but the motivational strategy must develop
As the economy continues to struggle, it becomes more and more difficult to find ways to continue to motivate employees. To motivate your staff, you must be a role model to the staff and pave the way for motivation. The result of productivity within the business is measured by the effort that a manager puts into the employees to improve their occupational performances. It it thought that motivation comes from within ourselves, although, motivation from an outside source can boost the work rate as well. In today’s workforce, a manager endures various challenges with motivating their employees that did not exist in the workforce fifty years ago. Each challenge that a manager experiences ties hand in hand with one another and are all equally important. The three challenges that I will be discussing in this paper include: lack of communication, diversity and personal issues.
Motivation in the workplace is one of the major concerns that managers face when trying to encourage their employees to work harder and do what is expected of them on a day-to-day basis. According to Organizational Behavior by John R. Schermerhorn, James G. Hunt and Richard N. Osborn the definition of motivation is "the individual forces that account for the direction, level, and persistence of a person's effort expended at work." They go on to say that "motivation is a key concern in firms across the globe." Through the years there have been several theories as to what motivates employees to do their best at work. In order to better understand these theories we will apply them to a fictitious organization that has the following
Keeping employees motivated in addition to creating incentives and/or additional ways for employees to receive more compensation will create better performance overall within an organization. Contrary if company B gives their employees incentives to perform, without any motivational tactics they probably will not have as many top performances as company A, in addition the company may only seek short term rewards verses have long term success. Lack of motivation for employees within an organization, can cause long term damage for the company’s success. Different things motivate everyone; therefore there should be a system in place to keep employees motivated for the long term success of the company. In the MBM textbook under the concept of incentives, compensation, and motivation, there are a couple of different views of how it should be applied within an organization. We will discuss The Social Role of Profit, Personal Profit and Losses, and the way Market-Based Management view how incentives, compensation, and motivation should be applied and the things that effectively drive employees’ actions while at work.
What really motivates people at work? Is it simply the size of their paycheck? Is it another promotion? Or is it something else? Many contrasting views of motivation exist. However, most experts agree that motivation energizes, maintains and guides behavior. (John, 1992, pg. 63)
Over the past few decades, managers have realized that the motivational capacity of most organizations has a significant impact on the productivity and on the profitability of a firm. Much of the old paradigms regarding management theories have focused extensively on a single way of developing worker productivity and motivation in the firm through the
When a manager involves employees in decision making, he motivates them. Employees are not robots but human beings with the power to reason. In addition to that, these are people who can be motivated or disillusioned in one way or another. Therefore, when a manager involves them in processes that alter the working of the institution, they get motivated. In a working environment, remuneration alone does not contribute towards total motivation. However, if employees are invited in programs aimed at changing the status of the company, they are made to feel useful to the company. This makes them execute their specific duty with zeal, since they are aware of the value attached to them by the company or institution management. Thus, it is imperative that the management seeks the hand of employees in order to promote their motivation levels at work places.
The purpose of this essay is to distinctively identify the effects of financial rewards on the work motivation of an organization and also whether or not this system of reward can cause an increase in the levels of work motivation already present in the organization. It furthermore aims to discuss weather Financial Rewards are the best way to increase the work motivation present. Although the essay shall primary be focused on Financial Rewards and Work Motivation, other factors that may have an effect on work motivation shall be discussed. For this purpose the understanding of work motivation shall be taken as such: The factors that are internal and external to employees that determine when he or she works, how hard he