Impact Of Employee Benefits On Work Motivation And Productivity Pdf
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- Why employee motivation is important and how to improve, measure and maintain it
- Impact of employee benefits on work motivation and productivity
- Motivation & Productivity in the Workplace
Why employee motivation is important and how to improve, measure and maintain it
Impact of employee benefits on work motivation and productivity
What is the opinion of the employees regarding this? I would be glad to acknowledge and show my profound and genuine gratitude to Ms Lankika Thalpawila, my honourable research supervisor of Research Methods for Human Resource Management project. The guidelines and instruction she provided me with was really progressive and helped me a lot complete this research work successfully. Whenever I tried to contact her, she responded to my query very promptly which was really appreciated. I would be happy to thank all the research participants who were a great support and part of this successful re-search work.
Employees Remuneration like- salary, wages, reward, payment encourage them to work in a satisfactory level. The motivational process is depending on the remuneration and it highly related with the employees productivity. The motivation and productivity has positive relationship. The employees motivation and productivity positively related to employees performance. Facebook Twitter Linkedin Flickr youtube. Research Article Open Access. Int J Fam Busi Manag 3 2 :
Motivation & Productivity in the Workplace
Everyone works in expectation of some rewards, and welfare is one of them. Hong, J. Report bugs here. Please share your general feedback.
There are companies that sadly fail to understand the importance of employee motivation. In this article, we look into why employee motivation is important in any businesses or companies. There are several reasons why employee motivation is important. Without a motivated workplace, companies could be placed in a very risky position. Motivated employees can lead to increased productivity and allow an organisation to achieve higher levels of output.
When researchers measured the total motivation of employees, they saw that those forced to work from home were the least motivated. The key is for leaders to make sure their weekly routines are not focused only on the tactical work. Many leaders have crossed the first hurdles of moving their teams remote : ensuring colleagues have set up their tech tools, defined their processes, and permanently logged into their video conference accounts. But this is just the first step towards creating an effective work environment for remote employees. The next critical question we must ask is: How do you motivate people who work from home?
Why is employee motivation so important?
One way of maintaining good and healthy employee relations in an organization is by attaching lucrative benefits to every job and task carried out by every employee in that organization. Employee benefits which are the various non-wage compensations provided to employees in addition to their normal wages or salaries cannot be over looked by the management of an organization, since the human resource of an organization is the most valued resource. This current era is highly competitive and organizations regardless of size, technology and market focus are facing employee retention challenges. To overcome these restraints a strong and positive relationship and bonding should be created and maintained between employees and their organizations. To enhance this strong and positive relationship, employees should be motivated to put in their best by providing employees with certain lucrative employee benefits like performance bonuses, Christmas bonuses, study allowances, leave allowances etc. Human resource or employees of any organization are the most central part so they need to be influenced and persuaded towards tasks fulfilment. In-order to achieve organizational goals, organizations must design various strategies to make employees happy, and place various incentives for them to benefit from, thereby adding value to themselves and increasing organizational performance.
Most employees need motivation to feel good about their jobs and perform optimally. Some employees are money motivated while others find recognition and rewards personally motivating. Motivation levels within the workplace have a direct impact on employee productivity. Workers who are motivated and excited about their jobs carry out their responsibilities to the best of their ability and production numbers increase as a result. An incentive is a motivating influence that is designed to drive behavior and motivate employees to be produce quality work. Employers use several types of incentives to increase production numbers. Employee incentives come in a variety of forms including paid time off, bonuses, cash and travel perks.
Reward management is the key to motivate employees in the present scenario of the work environment. Many researchers have deliberated on the same points that employ benefit packages will motivate employees at the workplace. In the case of benefits monetary benefits like cash rewards and insurances are most preferred by the employees. Many compensation personnel usually are in the state of fix to identify the right kind of benefit and most suitable to retain employees at the workplace. Usually benefit packages are kept a part of flexible plans and annually it is changed. One more important point to be considered at this juncture, it is understood that each industry or each organisation has set their own method of benefit packages.
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