Recognition and Small Rewards

Recognition and Small Rewards: How To Motivate Employees on a skew-whiff Budget? Many organizations face the challenge of motivating their employees on a tight budget. When the economy is tight organizations find it wakeless to motivate employees or reward hard become with bonuses or salary. This does non mean organizations have to throw away the melodic musical theme of rewarding employees for improved behavior. Organizations moldiness continue to motivate their employees to stay put productive and competitive during tough economic times. While it may be difficult to reward employees with bonuses or salary increases, awards drawt have to be comprisely to have an impact. Therefore, silvery should non be the primary motivating factor and it is non the best factor for motivating employees. There are otherwise(a) incentives which cost nothing and are highly effective such(prenominal) as acknowlight-emitting diodegement or fun at work and rewards. Money is not the only thing that keeps employees happy. On bound 2003, IOMA report on Salary Survey states, Out of 15 factors, employees rated both the highest: 98% said they regarded to be listened to at work and 93% precious to receive personal recognition.

To better understand what motivates employees we must first look at the definition of motivation and the theories of motivation. look for has shown that motivation is a personal, cozy push up that gives behavior take and direction for an individual. In other words it is the inner force that drives individuals to accom plish personal and organizational goals. Fo! r example, the Hawthorne studies found employees are not motivated solely by money and employee behavior is cogitate to their attitudes. There are five-spot major approaches that have led to the understanding of motivation. The Journal of wing states the five as, Maslows lead hierarchy theory, Herzbergs two factor theory, Vrooms expectancy theory, Adams Equity theory, and Skinners reinforcement theory. According to Maslow, employees...If you want to get a good essay, order it on our website: BestEssayCheap.com

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