It is important to stress that the process of linking performance and training and development the process of appraisal and other forms of evaluation should be closely linked to training and development. If the organizations to achieve its objectives, it is essential to train and develop its people so they are best able to support the organization in working towards objectives. At the same time the individual needs to have the opportunity to be able to communicate employees’ own personal development needs to the organization through appraisal or personal development planning schemes.
The Financial and non-financial can be no doubt that financial reward is perhaps the most significant factor in persuading people to do jobs. This is why some people will do jobs nobody else will touch. Ask many people why they do their jobs and they will say ‘for the money’. However, money is not everything. People stop doing some of the best-paid jobs because they can’t stand the people or they can’t put up with the conditions or because of other factors that are demotivating them.
Organization are like to improve performance, in term of productivity, attendance rates, cooperation and quality, if they can find ways of increasing the willingness of their employees to make even greater efforts at work.
Job satisfaction is achieved through the work environment, and is influenced by factors such as target setting, responsibility, independence, teamwork, interaction and achievement. Motivation may be generated by a pay increase, by promotion or simply by the status and satisfaction associated with possessing a new skill and using the most up-to date machinery and equipment. William Hill use those theory means to motivate employees. In doing so, they hope to minimize labour turnover, attract new recruits and create an effective, productive working environment.
Motivation suggests it is important to link rewards closely with performance. Successful management involves providing meaningful and valued rewards to employees. Employees need to have the opportunity to engage in good performance, and expectations must be clearly communicated to employees. Rewards must be clearly and visibly linked to performance.