Banks and other organizations must find many slipway to motivate their employees to perform to the best of their abilities. The purpose of this report is to severalize the virtually effective ways to motivate employees. The specific areas to be discussed are financial and non- financial motivation.
Financial rewards are favorite in many organizations and the world today. Most researchers agree that cash is non necessarily the best motivator. The motivational effect of some financial rewards does not last very long. According to unconditional & Jason (2004) the absence of financial motivators is a powerful discouragement, which cannot be control out. Therefore, financial rewards are absolutely necessary in effect to successfully increase employees morale
Introduction
Motivation is a tell factor to every organization that intends to leap maximum benefits from their members of staff. How the employees feel, in the main and specifically, about their jobs directly affect the companys bottom- pedigree profit. Motivation is the motive force that moves employees to perform at their best. however as a locomotive pulls a train, so a companys workforce will pull a company to profit or ruin. Motivating employees can be a complicated task based on come compensation for the work performed for a company.
Compensation, as it is used in this context, is not strictly for explaining the total financial package to render an employee
Top Management Support
Top managers must show manifest support for the intervention. And in showing support, action speaks louder than words. Executives must not only verbally advocate the plan; they must excessively be covered by it. In their review Rodgers & hunter (1992) of 30 studies of performance appraisal interventions showed that productivity from interventions that received care support was 51 percentage points higher than those which did not Employees most important relationship is with their line manager, research shows. People go intot leave...If you want to get a full essay, do it on our website: Ordercustompaper.com
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