Definition of Motivation
To motivate means “to cause to act.” It has also been defined as “that inner state which energies activates or moves and, which directs or channel's behavior towards certain goals.”
According to Koontz and O'Donnell definition motivation are followed:
“A general term applying to the entire class of drives, desires, needs, wishes and similar forces.”
According to to Michael Jucius definition motivation are followed:
“Motivation is the act of stimulating someone or oneself to get a desired course of action, to push the right button to get a desired reaction.”
Various Incentives which Motivate Employees
There are several factors that motivate a person to work. These factors can be classified as monetary and non-monetary factors.
Various Incentives which Motivate Employees given in the image below.
Image credits © Manoj Patil.
Various incentives which motivate employees performance are followed:
- Monetary / Financial Factors
- Non-Monetary / Non-Financial Factors
Factors that motivate employees to work are.
1. Monetary / Financial Factors
The monetary factors include wages or salaries, bonus and other incentives. Adequate and prompt amount of wages or salary's acts as motivational factors. Employees should be paid a bonus regularly. Companies should also give special incentives for valuable suggestions provided by the old employees.
2. Non-Monetary / Non-Financial Factors
Non-monetary factors include praise and recognition, job security, status of higher standard, good cordial relations and better working environment. By providing these factors, the employees become more efficient and responsible for their work.