Motivation strategies: Part 1

Question 1

What is the definition of Performance-related pay

Answer 1

Performance-related pay is a financial reward that employees receive for reaching or exceeding a set business goal.

Question 2

What is the 2 advantages of Performance-related pay?

Answer 2

• Can be used to motivate many employees at once, which can improve overall business performance.
• Employees can be motivated quickly through the incentive of financial rewards

Question 3

What is the 2 disadvantages of Performance-related pay?

Answer 3

• Employees may take harmful shortcuts to reach their set objective, potentially compromising quality.
• Over time, employees may require increases in the value of financial rewards to remain motivated.

Question 4

What is the definition of Career advancement?

Answer 4

Career advancement is the upwards progression of an employee’s job position.

Question 5

What are the 2 advantages of Career Advancement?

Answer 5

• Employees may feel more valued by the business when promoted, improving their overall morale.
• Promoting employees from within the business can be cheaper than recruiting new employees.

Question 6

What are the 2 disadvantages of Career Advancement?

Answer 6

• Some employees may not desire increased responsibility, so motivation may not increase through a promotion.
• Promoting employees to higher positions will usually involve an increase in the cost of wages.

Question 7

What is the definition of Investment in training?

Answer 7

Investment in training is allocating resources to improve employee skills and knowledge.

Question 8

What are the 2 advantaged of Investment in training?

Answer 8

• Employees may feel more valued as the business wants to advance their skills.
• The skills and knowledge gained from training may assist employees to complete tasks quicker.

Question 9

What are the 2 disadvantaged of Investment in training?

Answer 9

• Some employees may not value improving their skills and knowledge.
• Training employees is time consuming and can delay the completion of work tasks.

Question 10

What is the definition of Support?

Answer 10

Support strategies involve providing employees with any assistance that improves their satisfaction at work.

Question 11

What are the 2 advantages of Support?

Answer 11

• Employees who feel supported are less likely to leave the business.
• Implementation involves very few additional expenses.

Question 12

What are the 2 disadvantages of Support?

Answer 12

• May not motivate employees quickly if they do not see the benefits of support in the short term.
• Hiring wellbeing support for the business can be costly.

Question 13

What is the definition of Sanction?

Answer 13

Sanction strategies involve penalizing employees for poor performance or breaching business policies.

Question 14

What are the 2 advantages of Sanction?

Answer 14

• Can motivate employees immediately as they will improve performance quickly to avoid punishment.
• Does not incur any immediate cost to implement.

Question 15

What are the 2 disadvantages of Sanction?

Answer 15

• Prolonged use can lead to employees leaving the business.
• Levels of trust between employees and management may decrease.