Motivation Theories Flashcards
What are the 2 methods of employee motivation
Monetary
Non-Monetary
Monetary
Financial rewards
Money
Provided to employees for meeting their goals
E.g. Cash, Gift Cards, Paid holidays, etc.
Effective motivator for improving employee performance
Non-Monetary
An employee does NOT directly receive money
Physical rewards
E.g. a ticket to a show
Effective motivator for staff retention
Monetary Rewards
Bonuses
Fringe benefits – e.g. health insurance
Maternity/Paternity scheme
Performance-related pay
Profit-sharing – e.g. shares
Non-Monetary rewards
•Empowerment – being given more responsibility / confidence
•Consultation / Delegation – being involved in decision making
•Flexible working / Working from home
What are the 3 motivation theories
Maslow
Mayo
Herzberg
Maslow
pyramid of needs
people are motivated to fulfill basic physiological needs before moving on to higher-level
Maslow pyramid (selsp)
•self-actualization
•esteem
•love and belonging
•safety
•physiological
importance of social and emotional needs in employee motivation and productivity.
Mayo 😭
•Human Relations Theory,
•employees more motivated by social/relationships than money
Key principles of Mayo(ceil)
•Social interactions
•Supportive work environment
•Group cohesiveness
•Leadership
Herzberg
•two-factor theory
•job satisfaction is influenced by two sets of factors
•Hygiene factors and motivator factors
herzberg Hygiene factors(scrp)💸
•Salary
•Working conditions
•policies
•Supervision/relationships
herzberg Motivator factors(saro)
•job satisfaction
•recognition
•achievement
•opportunity for personal growth
•Intangible elements that increase job satisfaction
Herzberg how to motivate employees
recognition and praise for their accomplishments
opportunities for personal and professional growth
Increase employees’ sense of responsibilities
