Motivating workers

Motivating Workers

Rowan E Wagner

Business Studies

Baku Oxford School

WHY WORK?

MoneyTo pay for necessities and some luxuries

Security A sense of security, i.e. knowing that your job and pay are safe –you are not likely to loss your job

Social needs (affiliation)Feeling part of a group ororganisation, meeting people,making friends at work Esteem needs

(self-importance)Feeling important, feeling that the job you do is important

Job satisfactionEnjoyment is derived from feeling that you have done a good job

MOTIVATION

Is the reason why employees want to work hard and work effectively for the business

F.W Taylor

Maslow

Hertzberg

Methods of Financial Reward

METHODS OF PAYMENT

performance-related pay commission bonus

wages

piece rate time rate

profit sharing

share ownership

salaries

Non-financial Rewards/Motivators

• Sometimes called perks or fringe benefits • Company vehicle (car)• Discounts on the firm’s products• Health care paid for• Children’s education fees paid• Free accommodation• Expense accounts (for food and clothing)• Pensions• Free trips abroad/holidays

Job Satisfaction

• Is the enjoyment derived from feeling that you have done a good job.

Job Rotation

• Involves workers swapping round and doing each specific task for only a limited time and then changing round again.

Job Enlargement/Enrichment

Summary: Motivating Factors at all Levels

• Holidays

• Prestige and recognition

• Chance to use creativity

• Chance to take responsibility

• Independence

• Chance for promotion

• Tasks which provides a sense of achievement

• Fringe benefits

• Reasonable level of pay

• Clean and safe environment

• Job security

• Working with colleagues who are friendly

• Interesting and simulating tasks