Introduction:
Motivation:
Motivation is a term derived from the word "motivation" and means a person's needs, desires, desires, or motivations. It's a process that inspires people to take action to reach their goals. Psychological factors that motivate people's behavior may be behind their work goals
- Job-Satisfaction
-
- Achievement
-
- Term Work, etc
-
- Need for Money
- Respect
Incentives and types of incentives
- Offering incentive plans
Financial incentives:
Non-financial incentives:
Monetary and non-monetary incentives
The Effect of Motivation on Employee Productivity:
Motivated
employees tend to be
more productive than unmotivated employees.
Most companies strive to
motivate their employees, but it's usually not as easy as it sounds. Employees
are all individuals with different tastes and
needs, and many things
motivate everyone.
1. Increase productivity of motivated employees:
If employees are happy and satisfied, he does a very
impressive job and
the results are good, but motivated employees Employees motivate
other employees in the office.
2. Decision-making and practical expectations:
It is important to involve employees in the decision-making process while setting realistic expectations.
3. Job Description, Work Environment, and Flexibility:
Employees who do the right job according to their personality and skills and work well at work will greatly improve their motivation and satisfaction. To keep employees motivated, we need a safe and non-hazardous work environment. Flexible workforce policies, flexible working hours, working from home, and childcare can also lead to happier and more motivated employees.
4. Salaries and Benefits:
Good benefits are easy to motivate your employees. Draw a line between salary increases and high salaries to keep and attract the best employees, keep them happy and motivated to work for you, with the extravagant benefits that motivate all employees is difficult. Motivation occupies an important place and position in the overall management process. This technique can be successfully used to encourage employees to actively contribute to the achievement of their organization's goals. Human nature needs motivation because it needs some kind of incentive, encouragement, or incentive to perform better. Motivation for offers from employees can benefit both the organization and the employees. This shows how important it is to motivate employees. Motivation serves as a way to improve the performance of employees working at different levels.
Motivation Factors Influencing the Productivity:
1. Intrinsic vs. Extrinsic:
It is a kind of internal motive. It comes from the personal joy we get from doing that particular thing and the academic performance of that is the essential motive. It's a kind of motive that comes from things and factors outside the individual. Social cognition, competition, money, or fame is examples of external motivation.
2. Cognition:
Motivational cognition, on the other hand, suggests that our experience produces internal cognition (such as desires and beliefs). These findings are current performance. But the question arises: where does the recognition of come from? They are the result of past interactions with our environment. For these cognitions to be useful, they must be related to the human environment. Cognition is only our ability to explain the contingency of specific reinforcements of our own behavior, based on our own past experience.
3. Environment:
Recent models of work motivation deal with the role of the environment as a determinant of behavior. The environment provides the background for motivational mechanisms and processes to determine appropriate options for action. When behavior or performance does not require social or work standards, we tend to assume that there is something wrong with the person, rather than looking for flaws in the person's environment.
Importance of Motivation:
Employee motivation is a feature that all managers must perform in addition to other administrative tasks. Managers need to act as friends and motivators for their subordinates. Motivation helps in every aspect of life and in our family life. It's the same in business. This suggests that motivation is very important. This is an integral part of the management process itself.
Conclusion
The purpose of this article was to evaluate the topic of incentives and their impact on business productivity. Basically, there are many forms of such incentives. Financial and non-monetary incentives, intrinsic and extrinsic incentives, and individual or team incentives. Applying these incentives has many benefits, and increasing organizational productivity is a necessary consequence of workplace incentives. Analysis shows that incentives improve organizational productivity by positively impacting key determinants of an organization's performance. Determinants affected by incentives to improve an organization's productivity are employee job performance, employee involvement, innovation and creativity, organizational involvement, and job satisfaction. Using these determinants and enriching them with incentives can improve a company's productivity. However, the literature reserves the use of incentives as it can lead to individualism, the right to monetary compensation, and reduced employee motivation during a recession. In general, providing incentives to talent is important for improving business productivity. Therefore, organizations need to use a wealth of incentive systems and strategies as options to improve their productivity.
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