© 2015 albert-learning.com Motivation

© 2015 albert-learning.com Motivation Vocabulary Cordial : Warm and friendly. Delegation : A body of delegates or representatives. Congenial : Pleasing or liked on account of having qualities or interests that are similar to one's own. Liberal : willing to respect or accept behaviour or opinions different from one's own. Job enrichment : An attempt to motivate employees by giving them the opportunity to use the range of their abilities. Job security : The probability that an individual will keep his or her job.

© 2015 albert-learning.com Motivation What is Motivation? The creation of the desire and willingness to perform the job efficiently is known as motivation. Motivating means encouraging people to take more initiative and interest in the work assigned. It is an art of getting things done willingly from others.

© 2015 albert-learning.com Motivation Features of Motivation  Psychological Process  Initiative by Manager  Continuous activity  Goal-oriented and action-oriented  Broad concept  Essence of management process  Beneficial to employees and management  Varied measures available for motivation  Motivation is different from satisfaction  Related to a person in totality

© 2015 albert-learning.com Motivation Advantages of Motivation A) Advantages of Motivation to Management / Organization  Increase in the efficiency and productivity of employees. Motivation ensures a high level performance of employees.  Better co-operation from employees and cordial labour-management relations.  Reduction in the rate of labour absenteeism and turnover.  Reduction in the wastages and industrial accidents.  Improvement in the morale of employees.  Quick achievement of business/corporate objectives and favorable corporate image.

© 2015 albert-learning.com Motivation (B) Advantages of Motivation to Employees / Workers  Employees get various monetary and non-monetary facilities/benefits which provide better life and welfare to them.  Security of employment and other benefits due to cordial relations with the management.  Job attraction and job satisfaction.  Higher status and opportunities of participation in management.  Positive approach and outlook of employees towards company, management and superiors.  Reduction in the rate of labour turnover which is harmful to employees and management.  Better scope for improvement in knowledge and skills of employees.

© 2015 albert-learning.com Motivation A) MONETARY FACTORSB) NON MONETARY FACTORS 1) Attractive salary and wages1) Job security and job enrichment 2) High rate of bonus2) Fair treatment to employees 3) Liberal monetary incentives3) Encouragement for self development and career development 4) Allowances such as over time allowance, medical allowance, leave travel allowance, house rent, educational and re creation allowances and so on 4)Delegation of authorities to subordinates 5) Special incentives5) Congenial working conditions 6) Helpful attitude of management 7) Recognition of good work 8) Fair opportunity of promotion 9) Labour participation in management 10)Designation and status MOTIVATIONAL FACTORS

© 2015 albert-learning.com Motivation Conversation : 1) How do you get motivated? 2) How do you motivate your team for any work? 3) What are monetary motivational factors? 4) What are non monetary motivational factors? 5) Are you self motivated?

© 2015 albert-learning.com Motivation Reviewed By Reviewed On Comments / Changes Made Vidyesh N.A