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Week 6 – MotivationGradually, organizations are appreciating the need to establish a justifiable balance between the contribution of an employee to the organization and the contribution of the organization to the employee. There are various fundamentally prime components of a reward system that an organization focuses on in creating the balance following a strategic approach. These components of a reward system include compensation, benefits, motivation and recognition. Studies have indicated that there is a connection between the achievements of an organization and highly motivated employees who are creative and productive. It is thus paramount to appreciate the link between the motivation and performance. In principle, the behavior, in terms of emotions and attitudes, of an employee could be enhanced through the use of rewards and motivation. Reward and motivation has been reported to lift the employee’s satisfaction and engagement as well as business success (Aguinis, 2011).
Reward and recognition leads to employees feeling good and thus they are motivated which ensures that their performance increases. It is crucial hence that organizations need to look beyond rewards, at what drives people to succeed, and instead give provisions on how reward and recognition can be coupled as an instrumental motivational tool. In considering how to reward employees’ cash is often considered the easiest option (Sarvadi, 2005). However, giving money-based rewards would not generate the gains that organizations could achieve if they were to not to focus more on recognition that is tailored to the individual.