Workplace Motivational Processes

Motivation is a key aspect in the organization or workplace, and it is imperative to know the basic theory application and methods dealing with any problems that usually unavoidable for the employee and will come up in any work environment. This is a mandatory skills for a leader or future manager to know how important on how to motivate his or her employee to work more efficient. Motivating employees is a big dilemma for managers. To produce a higher level of performance and productivity, manager’s today are obliged to pay more attention on this matter. Every employee needs different types of motivation. In this paper will elaborate three motivational methods that a

Offer a competitive benefits package that fits your employees’ needs. Providing health insurance, life insurance and a retirement-savings plan is essential in retaining employees and bonuses. But other perks, such as flextime and the option of telecommuting, go a long way to show employees you are willing to accommodate their outside lives.

Costco provide good welfare to the employees. According to the video, Costco has the highest average wage in the industry, employees have 20 dollars per hour and the company also offers health care coverage. The good welfare in Costco can satisfied the need of employees, they can get the highest income in Costco than in other supermarket. More than that, employees can work as hard as they can for Costco because they have the health care coverage. For Costco, they do not need to worry about the problem of recruiting and they can make sure the quality of service to the customers.

Every organization no matter how large or small has goals they wish to meet. Each organization will have changes in its future and has to have certain set goals and objectives in place to help map out their course of action that will lead to their desired end result (Martin, 2009). In order for a company to successfully meet their final goal it is important for them to continually motivate their employees. According to Organizational Behavior by David Baack, motivation is what starts, maintains and stops behavior (Baack, 2012). Organizations each have their own way to set goals and motivate their

Nowadays, companies are running on leaner budgets. There is competition in attracting good employees between companies. The most popular cafeteria plans that may have multiple options for health coverage, vision coverage and other benefits are what many employees desired. Employees have the ability to use a fixed amount allotted to custom-design a

Insurance programs are set in place to grab the attention of applicants and current employees. How the employer does that depends on their organizations mission. Human Resource managers play a major role in maintains a strategic focus in hiring and retention employees. They work hard to secure the applicants and employees are an appropriate fit for the company. According to Dias (2011), a compensation plan includes all aspects of how employees are rewarded for their work, such as pay, benefits, bonuses and 401K plans (p. 114). There are different types of insurance programs for employers to consider when trying deciding what they want to add to their compensation and benefits package for their employees. Employers recognize their employees

They offer a wide range of benefits such as health care coverage, retirement savings, room for improvements, flexible leave, job movement, training, etc.

They offer a pension plan after just one year of working in the company plus a 401k program. They work with their employs so that they can have a good retirement.

Today’s managers have a lot of tasks on their plate, even more so than managers of the past due to stricter rules and regulations imposed by the Federal Government, as well as the arduous amount of paperwork involved with documenting employees work habits and interactions be they good or bad. Ad on top of all this the need for annual or quarterly performance appraisals and daily supervision, it can make a manager feel overwhelmed, especially if they have employees who don’t seem to be overly motivated to do their jobs, or do them adequately. With this in mind, it is important to understand the motivational theories that make employees want to excel, management theories that we can use to better guide our employees, and their effect on leadership styles today. It is also important as well to understand how they relate to our personal lives, career enhancement opportunities, and ultimately and most importantly, our relationship with God.

A Business week article makes an interesting statement that Costco belongs to the very short list of companies with a culture so favorable to employees that it gives the company a competitive advantage, and it’s most likely to keep on rising over many decades. Costco sees workers as an asset to invest in, rather than a cost that must be reduced. In the U.S. Costco pays workers an average of nearly $21 per hour, almost three times the minimum wage and about twice as much of what most competitors pay. They receive great benefits and are part of a safe and healthy working environment as well. At Costco they are committed to providing its employees with opportunities for personal and career growth. Costco has implemented a strategy for a competitive advantage by having a mix of low-cost providers and differentiation. Company differentiates itself by providing consumers with products in bulk at a low per unit cost. Costco offering two types of memberships- the regular and executive membership. With an executive membership, Costco gives a 2% reward on annual Costco purchases. A holder of the executive membership receives incentives for shopping there, which leads to more sales and higher customer visits. This is just one of the many reasons customers keep going back to Costco. It has made itself a highly successful company by offering quality products and excellent customer service.

Chapter conclusion: Benefits for employees are very important for companies. Benefits for employees include various insurance plans, paid vacation days, paid sick leave, paid days off, etc. Different companies need to establish different benefit plans based on their company conditions. In brief, benefit in one of the bridge between employers and employees.

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

For its employees, Long term employment recognition and benefits like Pension Plans, Group Medical Policy, Accident Policy, Bonus, Annual Medical Check-ups, Budgets for quarterly team lunch, Annual outings as part of team building activities and flexible work hours. In addition to the above mentioned benefits, Managers and employees above in the hierarchy level also get these additional benefits – Large salaries, Company vehicle with fuel and driver charges,

2. What is MOTIVATION? Derived from the Latin word „MOVERE‟ which means „to move‟ The processes that account for an individual’s intensity, direction, and persistence of effort towards attaining a goal.

Insurance is an important part of an organization’s compensation and benefits package because it serves as a safeguard against uncertainty. Insurance is a way for an organization to take care of one of their most important assets, which is the employee. There are many types of insurance that can be included in an employee’s compensation and benefits package. Those that will be discussed here are term life insurance, whole life and universal life insurance, accidental death and dismemberment insurance, and short-term or long-term disability insurance. These types of insurance will be discussed and presented, along with their advantages.