In: Accounting
discuss today's work environment and how the concepts for motivating employees and the laws impact the environment. Be sure to include the business perspective. Be sure to include real world examples.
In today's business environment as it is true with high job losses due to layoff and retrenchment to create a lean organization, it is also note worthy for organizations to stop loses of performing employees due to decreasing job satisfaction and lack of motivation to continue with the organization for long. Motivated and satisfied employees will have committed approach towards organizational objective; in turn organizations will also have to show similar commitment towards employee objectives.The Role of HR in such condition is to motivate the employees and make them stay at the job and by making them happy the efficiency will be imporved and leading to a better performance.. Job satisfaction or employee motivation is studied not just to handle the turnover but also there are other adverse effects of dissatisfaction like absenteeism, low performance, lower morale, low contribution to the team, less coordination, less orientation towards organizational objective these could affect the organization capacity to compete in the highly competitive business environment. Hence the HR has to induce an organizational environment and promote organizational culture which takes in to consideration of the prevailing need.
In the real world tech giants like Google and Facebook are the follow best techniques in Motivation of employees.Google uses free lunch and dinner, maternity benefits, financial support im adopting child etc.mostly all the companies use the same motivational techniques.