2. MOTIVATION TECHNIQUES:
Motivation techniques are classified into two types.
1. Monetary motivation
2. Non – monetary motivation
R.ArunKumar,AP/Mech,RIT
3. MOTIVATION TECHNIQUES:
1. Monetary motivation:
Money in any form will be a kind of motivation for every
employee.
Only money can satisfy the urgent needs of any human.
Money can satisfy a person, when additional payment is
relatively equal to person’s income.
R.ArunKumar,AP/Mech,RIT
4. MOTIVATION TECHNIQUES:
1. Monetary motivation:
1a) Individual incentive plans
1b) Group incentive plans
1c) Other incentive plans
R.ArunKumar,AP/Mech,RIT
6. MOTIVATION TECHNIQUES:
1. Monetary motivation:
1b) Group incentive plans:
Employees are rewarded collectively.
This includes profit sharing, production bonus, etc.
e.g.: Scanlon plan, profit sharing plan.
R.ArunKumar,AP/Mech,RIT
7. MOTIVATION TECHNIQUES:
1. Monetary motivation:
1c) Other incentive plans:
Apart from individual and group incentive, organization gives
other mode of monetary motivation.
e.g.: Provident Fund (PF), pension.
R.ArunKumar,AP/Mech,RIT
8. MOTIVATION TECHNIQUES:
2. Non – monetary motivation:
Non – monetary incentives provide psychological and
emotional satisfaction.
Non – monetary incentives satisfies an employee based on his
requirement.
R.ArunKumar,AP/Mech,RIT
9. MOTIVATION TECHNIQUES:
2. Non – monetary motivation:
2a) Job security:
Leads to peaceful working environment.
R.ArunKumar,AP/Mech,RIT
10. MOTIVATION TECHNIQUES:
2. Non – monetary motivation:
2b) Promotion:
Enthuse employee to improve the working standard.
R.ArunKumar,AP/Mech,RIT
11. MOTIVATION TECHNIQUES:
2. Non – monetary motivation:
2c) Delegation of responsibility:
Fact that a manager believes his / her subordinates.
R.ArunKumar,AP/Mech,RIT
12. MOTIVATION TECHNIQUES:
2. Non – monetary motivation:
2d) Work challenge:
Job nature will be acting as a greater motivating force.
R.ArunKumar,AP/Mech,RIT
13. MOTIVATION TECHNIQUES:
2. Non – monetary motivation:
2e) Status and recognition:
Appreciation of good performance is called recognition.
Inspires employees to maintain and improve the performance.
R.ArunKumar,AP/Mech,RIT
14. MOTIVATION TECHNIQUES:
2. Non – monetary motivation:
2f) Growth opportunity:
How far the organization ensures career development of
employees.
R.ArunKumar,AP/Mech,RIT
15. MOTIVATION TECHNIQUES:
2. Non – monetary motivation:
2g) Participation in decision making:
Enhances commitment in attaining the goal.
R.ArunKumar,AP/Mech,RIT
16. JOB SATISFACTION:
A pleasurable or positive emotional state resulting from the
appraisal.
It is also defined as the overall positive feelings that individuals
have towards their job.
R.ArunKumar,AP/Mech,RIT
17. JOB SATISFACTION:
Factors relating to job satisfaction are:
1. Personal factors
2. Job factors
3. Organizational factors
R.ArunKumar,AP/Mech,RIT
18. JOB ENRICHMENT:
Improving the quality of a job.
Ways to enrich a job are:
1. Giving freedom
2. Responsibility
3. Encouraging participation
4. Giving a regular feedback
5. Decision making involvement.
R.ArunKumar,AP/Mech,RIT
19. JOB ENRICHMENT:
Advantages:
Improves efficiency of organization.
Reduces absenteeism and turnover.
Improves work ethic behaviour.
Improves decision making ability.
Reduces work load of supervisor.
R.ArunKumar,AP/Mech,RIT
20. JOB ENRICHMENT:
Limitations:
Fear of failure to those employees who prefer less
responsibility.
Negative impression if the job is not satisfactory.
Limited to non – managerial jobs.
Takes time for adapting.
R.ArunKumar,AP/Mech,RIT