Motivation
Motivation is the reason that employees work hard and effective for the business.
Motivation is the reason that employees work hard and effective for the business.
Why people work?
-Money:
-Money:
- To pay for their daily life.
- Knowing that your job and pay are safe, you are not likely to lose your job.
- Feeling part of organization, meeting and making friends at work.
- Feeling important, feeling you are doing an important job.
- Someone encourage you to feel that you done a good job.
Frederick Taylor (all about money)
+ His ideas were too simplistic - employees are motivated by many things, not just money.
+ You can pay extra for an employee, but if they are unfulfilled by their work in some way, there will be less effectiveness at work and also no productivity gains.
+ A practical problem arises if you cannot easily measure an employee's output.
+ His ideas were too simplistic - employees are motivated by many things, not just money.
+ You can pay extra for an employee, but if they are unfulfilled by their work in some way, there will be less effectiveness at work and also no productivity gains.
+ A practical problem arises if you cannot easily measure an employee's output.
Wages
Wages are money that are paid every week, sometimes in cash and sometimes into bank accounts.
Wages are money that are paid every week, sometimes in cash and sometimes into bank accounts.
Time rate
This is payment by the hour. For example, if an employee is paid $10 per hour and they work 50 hours, then they will be paid $500.
-Advantages:
This is payment by the hour. For example, if an employee is paid $10 per hour and they work 50 hours, then they will be paid $500.
-Advantages:
- Easy to calculate the worker's wages and the worker knows exactly what they will be paid for working a certain period of time.
- Good and bad workers get paid the same amount of money
- Needed more supervisors to make sure the workers keep working and producing a good quality product.
- A clocking-in system is needed to determine the number of hours worked by the employees.
Piece rate
The workers are paid depending on the quantity of products made - the more they make, the more they paid.
-Advantages:
The workers are paid depending on the quantity of products made - the more they make, the more they paid.
-Advantages:
- It encourages workers to work faster and produce more goods.
- Workers may concentrate on making a large number of products and ignore the quality of it.
- Workers who are careful might not earn as much as those who rush.
- If machinery breaks down, the employees will earn less money.
