10
10-1 Desires fulfillment is the essence of ultimate satisfaction, need and security Key to Human Motivation & vigor to perform Though not necessarily true! Money as a Motivator to personal life Money Makes You Smile ! 1

Money motivation ppt

Embed Size (px)

Citation preview

Page 1: Money  motivation ppt

10-1

Desires fulfillment is the essence of ultimate satisfaction, need and security

Key to Human Motivation & vigor to perform

Though not necessarily true!

Money as a Motivator to personal lifeMoney Makes You Smile !

1

Page 2: Money  motivation ppt

10-2

Money And Motivation

A worker is working without any sign of interest. Looking de-motivated

2

Page 3: Money  motivation ppt

10-3

John Enterprises: Where Employees are the Company

John Stevens have created a company for which people are motivated to work for the long hours.

3

Page 4: Money  motivation ppt

10-4

what motivates employees to perform better on the job is the prime importance of organizational Productivity.

Nature of human needs

Motivating the Workforce

4

Page 5: Money  motivation ppt

10-5

•Motivation is a core drive that stimulates a person’s behavior toward goal attainment

•A goal is the satisfaction of a need , security & satisfaction

•A need is the difference between a desired and the actual state.

What motivates?

Motivating the Human resource

5

Page 6: Money  motivation ppt

10-6

Motivating the Human Resource

Motivation Boosters:•Respect•Involvement•Appreciation•Compensation •Promotion•Pleasant work environment•Positive organizational culture

6

Page 7: Money  motivation ppt

10-7

Classical Theory of Motivation

Money – sole motivator for Humans.

Taylor & Gilbreth – scientific focus on work tasks & productivity.

Satisfactory pay & job security – motivate employees to work hard.

7

Page 8: Money  motivation ppt

10-8

Work-Life Balance

Primary reason for accepting position8

Page 9: Money  motivation ppt

10-9

Maslow’s Hierarchy of Needs

Physiological needs – basic needs for food, water, shelter

Security needs– protection from physical & economic harm

Social needs – need for love, companionship

Esteem needs – self-respect and respect from others

Self-actualization – maximizing one’s potential

9

Page 10: Money  motivation ppt

10-10

Equity Theory

Equity theory – the assumption that how much people are willing to contribute to an organization depends on their assessment of the fairness (equity) of the rewards they will receive in exchange.

10