Question

In: Psychology

Explain, with examples, the character of such work motivation system, and the benefits it stands to...

Explain, with examples, the character of such work motivation system, and the benefits it stands to provide the firms, if it is well designed and managed.Also argue with justifications, how the design and management of the system should be approached

Solutions

Expert Solution

Please like for efforts.

Work motivation systems are managerial instruments which can be used to enhance the productivity of a company by motivating its employees. Per motivation systems can consist of several forms of managerial entity which can involve inclusion of different kinds of perks for the employees so that they feel motivated to do a particular work efficiently in a given period of time. While one of the famous work motivation system involves salary hikes at regular interval time periods along with bonus pay, the best way to motivate the employees is for the manager to provide extra benefits to the employees working under them so that the employees feel a psychological security which will help them stay in the particular company for a long period of time while maintaining their high grade productivity.

For example, the manager of a company can talk to the human resources department to organise events which not only e motivates the employees to increase their efficiency but also provide reinforcement to the employees in the form of a reward. This can vary from a party every few months on selected occasions to sport activities which can help in breaking the ice between coworkers.


Related Solutions

Explain with examples the character of such work motivation system and the benefits it stands to...
Explain with examples the character of such work motivation system and the benefits it stands to provide the firm if it is well designed and managed
Explain below work motivation system, with example and the benefits it stands to provide the firms,...
Explain below work motivation system, with example and the benefits it stands to provide the firms, if it is well designed and managed.Also argue with justifications, how the design and management of the system should be approached i) intrinsic satisfaction ii) economic rewards iii) social relationship
Identify a work motivation system, and the benefits it stands to provide firms if it is...
Identify a work motivation system, and the benefits it stands to provide firms if it is well designed and managed.Also argue with justifications, how the design and management of the system should be approached.
Explain the characteristics of work motivation and its benefits Characteristics of extrinsic motivation and benefits
Explain the characteristics of work motivation and its benefits Characteristics of extrinsic motivation and benefits
Characteristics of extrinsic motivation and benefits
Characteristics of extrinsic motivation and benefits
Explain the benefits and costs of having a floating exchange rate system. Give examples of each...
Explain the benefits and costs of having a floating exchange rate system. Give examples of each point.
Explain why, if “A” stands for “There is thunder” and “B” stands for “It is raining,”...
Explain why, if “A” stands for “There is thunder” and “B” stands for “It is raining,” you would expect p(A|B) to be greater than P(A). Suppose you have a fair coin which is equally likely to come up heads or tails. Let “A” stand for “the first toss comes up heads” and “B” stands for the 2nd toss comes up heads.” Calculate the following: P(A)= P(B)= P(A&B)= P(B|A)=
Please explain the following the words: 1) the host country’s motivation 2) benefits for multinational corporations...
Please explain the following the words: 1) the host country’s motivation 2) benefits for multinational corporations 3) the “catch” or downside of the opportunity 4) the concept of a tax holiday
How do social costs and benefits differ from private costs and benefits? Explain with examples.
How do social costs and benefits differ from private costs and benefits? Explain with examples.
Choose two work motivation theories from the text and compare and contrast these two theories. Explain...
Choose two work motivation theories from the text and compare and contrast these two theories. Explain how each theory is applied to employee motivation.  Discuss some of the limitations that are apparent after making these comparisons.  
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT