FACTS YOU NEED TO KNOW ABOUT EMPLOYEE MOTIVATION AND ITS IMPORTANCE



(Figure 01, source: Institute of Entrepreneurship Development) 

Employee Motivation

Drives, needs, wants or desires of a person identifies as the motivation where the concept originated from the word “Motive”. Motivation is considered to be the most imperative substance for any institution exists in the public or a private domain (Chintallo & Mahadeo, 2013).

Key determinant factors of the motivation 

Influencers including salaries and wages, job security, promotion and bonus (Zameer et al., 2014) impact employee motivation (Rashid and Rashid, 2012) identifies that financial rewards, job content, career development opportunities, supportive and social atmosphere and respect for private life are the most important influences of any private or public organization. (Matheson, 2012) argued that employee work motivation is a combination of psychological and social fundamentals as Coercion and Job security, Material rewards, status, social acceptance, sense of meaning, intrinsic rewards.

Why Employee Motivation is important?

Rao (2008) said that when employees work to the best of their abilities and do their work with passion, enthusiasm and high commitment the business will grow significantly and continuously.

Thomas J. Watson, the founder of IBM states, “you can get capital and erect buildings, but it takes people to build a business” (Snell & Bohlander, 2012, p. 1). Jack Welch, the former director of General Electric also commented that human resources are the backbone of the organisation due to the fact that they develop and use technology, they contribute great ideas for product development and deliver superior customer services, they collect, analyse and distribute information, and they create and execute strategy (Rao, 2008).

Accordingly, the maximum potential and the commitment can be expected from an employee when they are motivated and inspired. When the maximum potential has unveiled the performance of the company will get a positive effect.

Benefits of Motivated Employees

  • ·         Increased employee commitment
  • ·         Improved employee satisfaction
  • ·         employee development
  • ·         Inculcate Positive work attitudes
  • ·         Helps in adopting changes
  • ·         Build a great brand reputation
  • ·         Handles uncertainty better
  • ·         Improved employee efficiency
  • ·         Higher productivity levels
  • ·         More innovation
  • ·         Lower levels of absenteeism
  • ·         Lower levels of staff turnover
  • ·         Great reputation and stronger recruitment 

( Figure 2 , source: The balanced career) 

What are ways and means that HR department can take to improve the motivation of employee

  • ·   Have a clear vision and lead employees towards it and make sure the mission of the company is understood by all the employees
  • ·     Set targets for and with employees
  • ·     Recognize and Reward great work
  • ·     Give autonomy to the employees or teams
  • ·     Create a welcoming work environment
  • ·     Offer a career ladder
  • ·     Support employee wellbeing
  • ·     Improve Communication
  • ·     Engage with employees

References

Chintalloo, S & Mahadeo, J. (2013). Effect of Motivation on Employees’ Work Performance at Ireland Blyth Limited: Proceedings of 8th Annual London Business Research Conference Imperial College, London, UK,

Zameer, H., Ali, S., Nisar, W., Amir, M. (2014). The impact of the motivation on the employee’s performance in beverage industry of Pakistan. International Journal of Academic Research in Accounting, Finance and Management Sciences, 4(1), 293–298.

Perkbok, why employee motivation is important and how to improve measure and maintain it. Available at: https://www.perkbox.com/uk/resources/blog/why-employee-motivation-is-important-and-how-to-improve-measure-and-maintain-it

https://inside.6q.io/employee-motivation-important/

Jonas,2021, Importance of Employee Motivation and How to Improve It. Available at: https://jonasmuthoni.com/blog/importance-employee-motivation/

 

 

 

Comments

  1. Dilini MBAApril 27, 2022 at 7:36 AM

    As explained, motivation of employees is very important for organisational success. Motivated employees will give their maximum contribution to the job role. HR managers should ensure that activities and benefits are arranged to keep employees motivated.

    ReplyDelete

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