Management is the art of getting things done by and through others. An Enterprise/organization is established to achieve some pre-determined objectives. These objectives can be achieved only if the employees of the enterprise contribute their wholehearted efforts.
Employee motivation is the process of encouraging and stimulating an individual for action. It has been derived from the ‘Motive’.
A motive is an inner state activates, energizes or moves an ‘individual and channelizes his behavior towards goals.
Thus, It reflects an impulse, drives or urges to move in a specific direction to reduce a need.
Ways to Motivate Employees and Increase Productivity
It has been made clear that it is necessary to motivate the employees of an enterprise to get the maximum production of the best quality at the minimum cost.
There is no definite method of providing motivation to the Employees, applicable to all the Enterprises at all times.
There are many creative ways to motivate employees. Which is the best method depends upon the nature of the enterprise, the goals of the Enterprise, physiology of the employees, the atmosphere of the enterprise, and prevailing social conditions?
The proper method of motivation must be applied to a proper method of motivation is not applied.
Related: 20 Importance of The Study of Business Environment.
It may have a negative effect on the efficiency of employees’ methods of motivation must be decided after careful and deep thought.
Following are some unique ways to motivate employees and increase productivity:
1. Positive Motivation
Positive motivation is the motivation which motivates the employees to their best and to produce more and better quality by providing them or wages and salaries and bonus.
Bonus: 15 Essential Features of Venture Capital (in Simple Words).
2. Negative Motivation
Negative motivation is the incentive that compels the employees of the Enterprise to do more work because of the fear of punishment or penalty.
These motivations include the termination of services, suspense, and punishment penalty. Negative motivation is not a popular incentive these days.
Conclusion
Positive motivation is more successful than negative motivation. Positive methods of motivating employees in an organization’s get the full co-operation of employees of the enterprise. The employees realize their existence in the enterprise and they were with greater efficiency.
In fact, nothing in the form of a negative approach motivates. It is a positive method only that works.
Negative motivation is always compulsion with the approach to punishing.
This may create fear but cannot works the motivation with the worker.
Hence, only positive motivation is advisable.
3. Individual Motivation
Individual employee motivation means the incentives which are offered to any individual.
These motivations are offered to those employees who contribute their special effort and who cause extra benefit from their efforts to the enterprise.
These motivations may be monetary as well as non-monetary.
Related: Top 21 Qualities and Characteristics of Creative Person.
4. Collective Motivation
Collective motivation is the motivation that is offered collectively by a group of workers.
These motivations are offered indirectly to the group. The aim of this is to motivate the whole group.
These motivations may also be monetary incentives and non-monetary motivation.
Related: Market: A Definitive Guide [with Classification and Structure].
5. Monetary Motivation
Monetary motivation is the employee motivation in which the workers are motivated to work more be giving them monetary benefits.
The first need of the life of a person is the security and pleasure. Which requires money. Everybody works to get the money.
Therefore, Monetary motivation is the best motivation to motivate workers to work more.
A monetary motivation may be in the form of higher wages and Salary, bonus, Premium Rewards, etc..
6. Non-Monetary Motivation
Non-monetary motivations are the incentives that motivate the workers to work more by giving them encouragement and reward.
The man does not work only to get the money. He works for social respect, self-satisfaction, ego satisfaction, etc.
The satisfaction of all these is possible only through Non-monetary motivations.
Related: 19 Factors Influencing Entrepreneurship Development.
Non-monetary motivations are had equal importance in an organization to motivate the workers.
In Fact, The management should try to maintain a proper balance between monetary and non-monetary motivations and should provide a balanced package of motivations to its workers so there may contribute their best efforts and co-operate the management in the accomplishment of organizational objectives.
Necessity of Employee Motivation
Employees of the Enterprise/organization may have the physical and mental ability to do the work.
They may be capable enough in doing the works of the enterprise but at the same time, it is not necessary that they use their efficiency and ability.
The Performance of activities in the best manner is possible only when the employees of the enterprise have the ability to work and they will work. Will to work can be developed only through motivation.
Related: Top 12 Techniques of Decision Making (Step by Step).
Thus, it is necessary that the employees must be properly motivated to get things done by them.
It has been the experience that if they are properly motivated they use 90% to 100% their ability and efficiency and they make their best efforts to achieve the organizational objective.
It may be concluded that motivation is a basic need of an enterprise and the success of an enterprise largely depend upon motivation.
Importance of Employee Motivation
Motivation inspired the employees of an enterprise to do more and better work. It develops the feelings of cooperation among employees of the enterprise.
It an Enterprise uses the best quality of raw materials, latest machines, and Technology but ignores the factor of workers and workers who are not properly motivated to work.
The enterprise can never achieve its objects. On the other hand, an Enterprise not using the raw materials and machines of that standards but motivates its workers to achieve predetermined objects.
Thus, for the proper exploitation of men, machines, materials, and money of the enterprise, it becomes necessary that the employees of the enterprise must be properly motivated. It will increase their efficiency and it will get the loyalty to the enterprise.
It reduces the rate of labor turnover.
On the other hand, if the employees of the enterprise are not satisfied and they do not work with their willingness,
The situation of frustration arises in the enterprise and such an enterprise cannot be one successful in achieving its objects.
Thus, it may be concluded that for the success of an enterprise the employees of the enterprise must be duly motivated.
See also: Macroeconomics & Microeconomics: A Definitive Guide.
Modern Theories of Employee Motivation
A good deal of researchers has been conducted on human relations at work. as a result of a good number of researchers in the field, by a number of Management Scholars and thinkers.
Various theories of motivation have been developed.
The important Theories of Employee Motivation Among:
Thus, Now you know ways to motivate employees and increase productivity.
Read More
- 10 Concept of Entrepreneurship (Updated)
- 12 Theories of Entrepreneurship (Explained with Examples)
- 16 Need and Importance of Business Environment (Updated)
- Top 10 Functions for Establishing A New Business Unit (Step by Step)
- Top 10 Need and Importance of Finance in Business
- Process of Decision Making: How to Make Decisions
- Organizational Change: Meaning, Concept, Nature (Updated)
- 22 Advantages and Disadvantages of Privatization (Economics)
- 8 Advanced Techniques of Motivation Research (Explained)
- 18 Requirements of Good Sales Compensation Plan (Explained)
Leave a Reply