• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

My company will be looking to motivate all staff by using different theories of motivation. Regardless of the type of job our new employees have they will all hope to achieve some type of job satisfaction.

Extracts from this document...

Introduction

My company will be looking to motivate all staff by using different theories of motivation. Regardless of the type of job our new employees have they will all hope to achieve some type of job satisfaction. People seek employment for a number of reasons. Pay is an important motivator for many employees, but people also seem to want to work for other reasons as well. I believe Motivation is important in my business, because it identifies how satisfied or dissatisfied pepole are in their work. Employees who are highly motivated tend to work efficiently: if their level of motivation is low output will suffer and labour disputes may also occur. Abraham Maslow Theories An American physiologist identified five human needs he believed people wanted to satisfy. As one set of needs was satisfied by an individual, it would stop acting as a motivator, but the individual would then be motivated by the next set of needs. Basic Safety Social E.g. shelter Ego Self-fulfilment E.g. Job Personal ambition 1. The first basic needs are to do with survival and include the need for clothing, warmth and shelter. People also want these basic needs to be met in a business enviroment. 2. Once the basic needs are satisfied, people's safety needs must be met. A person needs to be safe from harm both at home and at work: a safe (secure) ...read more.

Middle

Once they are well fed and comfortable, they will turn their attention to higher needs for example the pleasure of being with colleagues. Financial Motivators Time rate of 'wages' Paying by the number of hours worked Piece work Paying by the number of items produced or sold Overtime Extra pay for work done over and above normal working hours. It is usually paid at a higher hourly rate; e.g. double time means twice the normal hourly rate. Shift payments Usually paid for working unsociable hours such as night work. Bonus payments A special single payment for achieving a target. Profit sharing A percentage of the company's profit is shared amongst the workers. A loyalty bonus can be used to persuade workers to stay with their employer for a long period of time. Employees may not want to work longer than their contracted hours but they can often be persuaded to do so by receiving a higher rate of pay. A perk is a payment in kind. Instead of giving money the employer might provide: * cars * health insurance * free uniform * discounted products * first class travel It is often cheaper for the employer to provide goods rather than the money to buy them with. A good perk will make an employee reluctant to leave the business. My company 187 will use some of these ideas to motivate my employees. ...read more.

Conclusion

This is a problem that I originally planned to discuss with my employees but on thinking it out decided that not everyone will share the same view. I will make the decision based on what is best for my store and make sure all employees are aware of what hours they are expected to work before starting employment with me. The employee of the month side will be a difficult motivator to set up because people will be complaining that they are floor staff and they don't sell CD's so they will claim that they are being treated unfairly. People I will have to have criteria for the type of person I will want to employ and these are: 1. Qualities: The employer will have to be up to date in the latest Hip-Hop and Drum and Bass news as this is what my shops main products are. They will also have to know about computer games and videos for the upstairs section of my shop. 2. Qualifications: Normally my shop will want five A-C but my shop would consider you if you have a nice bubbly personality and like to chat to people. 3. Skills: You would get trained some skills, for example how to use our tills and customer care training, but it would be excellent if you had some computer skills and you enjoyed talking to people. 4. Experience: The employee will not need to have that much experience but I would prefer if you have worked in a shop before. Phillip Hogbin 1 ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE People in Business section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE People in Business essays

  1. Tesco's different stakeholders are:Employees

    Trade Unions represent the workers and if the workers aren't happy with their pay then the Trade Union will not be happy with Tesco. Tesco does not want to make their employees unhappy otherwise they will either go on strike or look for a better place which gives them better pay.

  2. Produce a case study comparing two business organisations, investigating the extent to which each ...

    A Refreshing Change Refresh My Superstore was launched this year, giving customers a real say in how their store is improved. Before any work is carried out, customers and staff are asked what changes they would like made, from the product ranges to the car park layout.

  1. "Managers should do everything they can to enhance job satisfaction of their employees? Do ...

    Commitment has favorable effects on decreasing turnover. This can help improve an organizations performance because the organization can save resources on recruiting to fill vacant positions, while simultaneously allowing them to get more from their investments in training of their current workforce. This would especially be of benefit for occupations such as teaching, where tenure is beneficial.

  2. Report: Type of ownership of J-Sainsbury

    In 2001 J-Sainsbury supermarkets, the UK's biggest retailer of fair-trade products, announced on the 26th November 2001 that it is working with the fair-trade foundation, which guarantees a better deal for tired world producers, to develop a range of own label products.

  1. Business at Work - ASDA

    the participant's opinions or responses will be retested and will only be sold when or if the product has passed. This process will add value to its product because Asda will take into consideration of want then customer wants to purchase. Quality assurance is implemented at all levels of Asda.

  2. Boots has a policy of retaining good staff; this is because the recruitment and ...

    This will result in businesses recruiting international; for example, doctors. Boots is constantly checking areas of local skill shortages so as to develop training programmes to make sure there are enough people with the necessary skills. Effectiveness of Boots human resource policies Boots HR policy's effectiveness is measured by the

  1. Improving Motivation and Job Satisfaction at the Laredo Federal Credit Union

    However, employee motivation has become a problem in the last year, and no one seems to know the exact reason behind the lack of motivation. In addition, no one knows how to solve this serious problem. The purpose of this report is to understand why motivating employees is crucial for an organization.

  2. Communications in Health & Social Care.

    * Sharing information and ideas with colleagues. * Short conversations whilst giving practical assistance to people e.g. helping young children to eat their food. Effective Communication Communication is a two-way process, thereby effective communication always changes both parties in some way. Effective communication can be described as rapport, this is where a relationship emurges naturally and is

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work