3.6.4 Flashcards
(42 cards)
what are financial methods of motivation?
- piece rate
- commission
- salary schemes
- performance related pay
what are non financial methods of motivation?
- empowerment
- team working
- flexible working
- job enrichment
- job rotation
what are the three theories of motivation?
- taylor
- mazlow
-herzberg
what is taylors theory of motivation?
- scientific management 1909, taylorism
- believed in a ‘fair days pay for a fair days work’
- believed that employees would do the minimum amount of work if not supervised
- carried out time and motion studies
what are the implications of taylors theory for managing behaviour at work?
- main form of motivation is high wages- high wages equalled higher output
- a managers job is to tell employees what to do
- a workers job is to do what they are told and get paid accordingly
what was maslows theory?
- a hierarchy of needs
- he believed we all have a pyramid of needs
what is maslows hierarchy of needs in order from top to bottom?
- self actualisation needs
- esteem needs
- belonging/ social needs
- safety needs
- physiological needs
what is self actualisation? (mazlows theory)
- top of the pyramid
- we only rise to this level of needs once we have fulfilled all the others
- at the level we are playful, mindful and self sufficient
what are esteem needs? (mazlows theory)
- at this level we have the psychological need for the respect of others
- we want to feel important at work and feel that we are vital to a business
- we seek a feeling of accomplishment and we are focused on building a solid work image
what are belonging/ social needs? (mazlows theory)
- we seek love and friendship
- we crave affection
- we look to belong to social groups, clubs and community groups
- we wish to be trusted and accepted in society
- if these are not met we are unlikely to be productive
what are safety needs? (mazlows theory)
- we have the need for safety, security and health
- if employees think they may be sacked or made redundant they are unlikely to be productive or self actualising because their safety needs are not met
- equally an ill employee will not be working at their best either
what are physiological needs? (mazlows theory)
- basic needs- food, water, warmth
- if these are not being met we have no interest in joining clubs, actualising, having a family etc.
what is herzbergs two factor theory?
- employees have motivating factors
- employees have hygiene factors
what are the motivating factors? (herzbergs theory)
- status
- recognition
- responsibility
- challenging work
- promotion
- growth
> high motivation, high satisfaction, strong commitment
what are the hygiene factors? (herzbergs theory)
- salaries, wages
- other employee benefits
- job security
- working conditions
- work life balance
> general satisfaction, prevention of dissatisfaction
(not motivating factors)
what is piece rate?
- employees are paid per finished item or unit
- employers chose to pay either the minimum wage or a fair piece rate based on average times taken to complete the product/ service
what are some advantages of piece rate?
- experienced and efficient workers can earn more
- incentive to complete the work
- employees may work more hours to get the job done
- home workers can start and finish the work when they want- work fits around a family
what are some disadvantages of piece rate?
- quality may suffer
- slower workers may fall under the national minimum wage
what is commission?
- commission may be paid a percentage of unit price or per unit sold
- OTE is ‘on target earnings’ - lets the candidate know the potential top earnings that can be made in a job
- examples are: estate agents, car sales people
what are some advantages of commission?
- skilled salespeople can make very good money
- employer is not paying for down time when the employee is not selling
- motivates employees to sell more
what are some disadvantages of commission?
- salespeople on commission only could earn no money at all
- not a steady income
- risky in times if recession
- employees are selling rather than meeting needs of customers
- temptation to pressure sell or oversell
what is a salary scheme- bonus?
- a bonus is a lump sum paid on top of a salary or wages
- this could be for: sales, performance, holidays (yearly bonus e.g. at Christmas)
what are some advantages of salary schemes?
- can be used as an incentive- especially in a field where employees must make sales or meet specific goals
- can be used as a means of appreciation for an employees hard work throughout the year
what are some disadvantages of salary schemes?
- a cash bonus may be costly for a business
- when an employee receives a bonus, it becomes part of his total income at the dnd of the year, the employee will also be paying taxes on the bonus they receive