Friday, September 27, 2013

Motivation

 Motivation is the reason why people work, and it drives them to work better. Therefore, managers will try to seek what motivate their employees.

Ways to motivate

Financial Reward

The basic reason who people work for. For certain people, more rewards they get, more harder they work.

  • Wages-extra pay
  • Time rate
  • Piece rate
  • Commission
  • Bonus

Non-financial Reward 

Giving things or rewards that are not financial purpose. It is just to satisfy the employee.
  • Fringe Benefits- company's car, children's education
  • Job satisfaction
  • Job rotation
  • Job enlargement
  • Job enrichment


Maslow

Maslow created what is know as the hierarchy of needs. Each level of motivation must be achieved before going to the next level. Once one level of motivation is met, more of that will no longer motivate the employee. 

  • Physiological needs: basic requirements for survival.
  • Security needs: the need to by physically safe.
  • Social needs: the need to belong and have good relationships with co-workers.
  • Esteem needs: the need for self-respect and to be respected by others.
  • Self-actualization needs: the need to reach your full potential and be promoted.

Herzberg

Humans have hygiene factors and motivation factors that we can grow psychologically. If the hygiene factors are not satisfied, they will act as demotivators. 

Hygiene factor

  • Status
  • Security
  • Working condition
  • Company policies
  • Relationship with supervisor.
  • Relationship with subordinates.
  • Salary

Motivational factors

  • Achievement.
  • Recognition.
  • Personal growth/development.
  • Advancement/promotion.
  • Job satisfaction




How does Walmart motivate their employees?

For employees like cashiers, salesmen, the more they can sell, the more commission they will get.
Walmart also make it fun for everyone. you could have won certain items for correctly guessing how much they sold in the previous weeks.  However, such events promote camaraderie and a sense of fun that define the working experience at Walmart.


For employees with higher position, Walmart will share them with the profit the stores earns. Walmart also wants their managers being respect. When the managers feel that they fulfill their esteem needs, they will give out all their effort, to run the store even better.


If I work in Walmart, it will definitely motivate me, even though I am a cashiers. It is fun to work in Walmart. It is not like the other jobs where you just face your computer for 8 hours. A lot of activities are held to make sure we do not feel bored. For managers, it is important that they feel they are respected. Managers will try their best to help their workers because they feel that they are needed.


To make their employees work even harder, Walmart have to gain their employees loyalty, fulfill their employees needs. Instead of paying the employees based on how long they work, Walmart can pay them how much they work. So they will put more effort. But this is for the workers with lower position. For managers, they have to give them recognition and power. As Walmart gives them high salary, money will not motivate them anymore. Walmart allows them to make more decision, enlarge the managers; job. 


























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