Monday, May 25, 2020

Employee Motivation For An Organization - 1646 Words

1. Introduction: Employees are one of the most important assets in the organisation (Hume, 1995; Shields, 2007), it is believed that a lot of organisations and employers wish to maximise employees’ effort on its work and therefore enhance organisational performance. According to Armstrong (2012:50), high-performance is accomplished by well-motivated people who are prepared to exercise discretionary effort. Therefore, it is critical for the organisation to find a pathway to motivate its employees. Some scholars state that employee motivation can be encouraged by offering appropriate rewards and establish systematic reward systems (Amstrong, 2012; Pratheepkanth, 2011 and Manzoor, 2011). In contemporary business environments, whether multi-national corporations (MNC), large organisation or small-medium enterprises (SME) want to gain employee’s motivation and thus achieve company objectives, it usually relates to financial or productivity. Compared to large organisation or MNC, SMEs have relatively fewer resources to develop systematic reward management, welfare schemes and fewer training and promotion opportunities. In other words, SMEs may not have the resources to develop effective and efficient reward approaches. The purpose of this research is to examine the relationship between financial and non-financial rewards and motivation among employee of SMEs in Hong Kong, in order to understand how and SME can increase employee productivity. 1.1 Research question:Show MoreRelatedEmployee Motivation : An Organization1059 Words   |  5 Pages Employee motivation is one of the most critical functions in an organization. It gathers people together to get work done efficiently. Employee motivation influences every part of the business from the sales floor into corporate level offices. It is very important in an organization to have employees working as a team and towards the same goal. 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