people in business Flashcards
(137 cards)
motivation def
the factors that influence the behaviour of workers towards achieving a set goal
labour productivity def
a measure of the efficency of the workers by calculating the output per worker
absenteeism def
workers non attendance at work without good reason
labour turnover def
the rate at which workers leave a business
benefits of a well motivated workforce
improved productivity more competitive low rate of absenteeism better quality goods and services low rate of labour turnover
maslows’s hierachy: concept of human needs
self actualisation esteem needs social needs safety needs physical needs
esteem needs
respect, recognition, status
self actualisation needs
realising ones potential
social needs
friendship, acceptance, belonging
safety needs
heath and safety, job security, free from threats
physical needs
water, food, shelter, clothing and rest
how does maslows hierachy work
all humans start at the lowest level (physical) and are then motivated to try and reach the next level. once a need has been satisfied it is no longer a motivator.
limitations of maslows hierachy
difficult to identify whether a need has been met or not
some things like money might satisfy multiple levels
not everyone has the same needs
self actualsiation is rarely achieved
the theory of economic man def
the view that humans are only motivated by money
piece-rate def
paying workers for each unit produced
what is the taylors scientific management theory
to get workers to increase their efforts they had to be motivated with money.
hygiene factors def
factors that must be present in the workplace to prevent hob dissatisfaction
motivators def (herzberg)
the factors that influence a person to increase their efforts
give some of herzberg’s hygiene factors
working condiditons relationships salary supervision company policy
give some of herzberg’s motivators
the work itself responsibility advancement achievement recognition
job dissatisfaction def
how unhappy and discontent a person is with their job
financial rewards def
cash and non cash reqards paid to workers which are often used to motivate workers to increase their efforts
non-financial rewards def
methods used to motivate workers that do not involve giving any financial reward
hourly wage rate def
payment to workers based on a fixed amount for each hour worked