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Motivational Factors: 1. Salary

The document discusses 9 key motivational factors for employees: 1) Salary, 2) Non-monetary incentives, 3) Relationships with colleagues, 4) Relationship with leadership, 5) Company culture, 6) Learning and development opportunities, 7) Internal processes, 8) Personal life considerations, 9) Finding meaningful work. Motivation is driven by both intrinsic and extrinsic factors and understanding what drives each individual employee is important for increasing performance and engagement.

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0% found this document useful (0 votes)
97 views5 pages

Motivational Factors: 1. Salary

The document discusses 9 key motivational factors for employees: 1) Salary, 2) Non-monetary incentives, 3) Relationships with colleagues, 4) Relationship with leadership, 5) Company culture, 6) Learning and development opportunities, 7) Internal processes, 8) Personal life considerations, 9) Finding meaningful work. Motivation is driven by both intrinsic and extrinsic factors and understanding what drives each individual employee is important for increasing performance and engagement.

Uploaded by

Abang Derrick
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Motivational Factors

Motivation will almost always beat mere talent." - Norman Ralph Augustine

Motivation is the reason that drives all of our actions. An individual expects that if they behave a
certain way or perform certain tasks, they will achieve their desired outcome. In the workplace,
this outcome, as long as it’s positive, is the driver that can impact if and how the tasks given to
employees are performed. The key to reaching the highest possible results lies in being able to
identify the factors that drive each individual in a workforce. 

It’s crucial that apart from considering that the final outcome is worthwhile, employees also
believe that  they are capable of performing the task that’s expected of them. If the targets or
goals seem unachievable from their perspective, it is unlikely they’ll feel motivated which in
return will lead to lower performance.

This is why, being able to identify the main factors that drive an employee is a first and most
important  step on the way to increasing performance. There are 9 main components that
contribute to employees motivation:

1. Salary
Receiving regular payment, especially in reference to permanent employees, is considered a
basic need that is expected to be satisfied by an employer. However, salary on its own is a short
term satisfied. In the longer term salary isn’t a factor that increases performance and a promise of
getting a pay rise frequently has only a temporary impact.  

However, if the salary is lower than an employee would expect, it could cause dissatisfaction and
disengagement. While earning an ‘equitable’ salary might not motivate employees to perform
better, it will reduce the risk of them feeling resentful or frustrated by the job.

 2. Non-monetary incentives

Non-financial rewards are a way of satisfying employees’ ego and self-actualization needs.
These are often used to:

 Acknowledge extraordinary performance.


 Recognize achievement.
 Increase morale.
 Create a positive work environment.
 Motivate high performance.

 
According to research conducted by the Industrial Relations Services, non-monetary rewards
help to fulfill organizational objectives at a relatively low cost. What’s more, some non-financial
incentives can be executed almost immediately as opposed to financial rewards, which can take
weeks or months to take effect.  

 There is a wide range of different non-financial incentives that can be used by managers:

 Simple “thank you” - either said directly to an employee or, better still, sent in written
form and preferably hand-written.
 Public appreciation and acknowledgement of a job or task well done.
 Rewarding an employee with a title of a “star of the month” or employee of the month”.
 Vouchers or tangible goods.
 Flexible working arrangements.
 The opportunity to work from home.
 Free or subsidized meals, fruit or drinks.

3. Relationship with colleagues

As employees spend one-third of their day at work, relationships and interactions they have with
their colleagues can significantly impact their mood and outlook. Negative experiences or
attitudes will eventually lead to isolation and loneliness, making it more difficult to find
satisfaction from work, which in turn will decrease motivation.

Employee’s social needs linked to their desire to be accepted and to belong to a community can
be used to build strong and loyal teams that will achieve higher results by cooperating on the
basis of common understanding.

To stimulate the development of positive work relationships, it’s advised to focus on team
building activities that will allow employees get to know each other better:

 Brainstorming sessions in or outside of the office that allow anyone to speak freely,
openly and honestly.
 Team lunches or dinners, and social events such as Christmas parties.
 Bowling, river cruises, comedy clubs, physically challenging activities or other activities
that the team could attend together.  Care should be taken to select and plan events taking
into account all team members’ abilities.
 Using an external facilitator for team building who might offer: ice breakers, discussion
topics, games or similar techniques.

 4. Relationship with leadership 

Each employee has a hierarchy of needs that should be addressed and the responsibility of
understanding those needs lays with their line manager. The basis for effective communication
between the two parties is two-sided trust. Relationships built on this foundation will help
employees to honestly and openly talk about their needs, thoughts and feelings, which in turn
will give the line managers clear direction on how to support and motivate their team members. 

 5. Company’s culture

According to survey conducted by the Harvard Business Review, the reasons behind why
employees work determines how well they perform.  Employees are conscious of their
company’s culture and learn and align their professional goals with the organization’s goals,
which becomes their answer to the question: “why we do what we do”. The extent to which
employees align with the goals set by their employer is directly impacted by the strength and
clarity of their employer’s mission statement and values. 

Any lack of belief or understanding of the employer’s goals is one of the major causes of low job
satisfaction, negative attitude and lower commitment. On the other hand, employees who are
aligned with the culture are generally more happy in their roles, achieve better result and
fulfillment.

A company’s culture comes down to 6 main elements: work environment, company mission,
value, ethics, expectations and goals. In practice, the culture is just a set of rules or accepted
behaviours that help employees make decisions everyday. While every company would have
their own unique set of features, values and beliefs, culture is always about making sure that the
employees have a productive and enjoyable working environment.

 6. Learning and development opportunities

Self-actualisation is a natural by product of high performance. Most employees naturally want to


do a good job to feel they are achieving their full potential. Learning & Development (L&D) is a
way of educating and guiding your employees on the areas and aspects that will help them
develop and progress.

The subject of personal and professional development is especially important to generation Y -


a recent M3S survey has shown that the desire to learn, acquire new skills and continue personal
development is one of the reasons millennials choose to leave their employer. According to the
research, the lack of professional and/or personal development is one of the main causes of job
dissatisfaction among this group. 

On the other hand, L&D can stimulate higher performance and improve engagement as long as
the company offers development opportunities at every level - from learning on the job, through
mentorship, shadowing and specific internal or external training programmes.  

7. Processes within the company

While processes on their own aren’t a motivational tool, they are closely linked to the areas that
impact desire, enthusiasm and willingness of the employees. The workload, division of
responsibilities, access to resources and accountability all depends on the structure and efficiency
of the processes on which the business runs. 
Efficient processes stimulate workers, allowing them to work effectively and efficiently and by
reducing the amount of potential blockers. At each stage of the process an individual should be
aware of what’s expected from them and what resources are available. Making sure that an
employee feels responsible for the outcomes of their work is crucial in building work
engagement and stimulating higher performance.

8. Personal life

According to a research by Bensinger, DuPont & Associates, 47% of employees state that
problems in their personal lives affect their work performance. Personal challenges can cause
issues with concentration, poor attention, lack of engagement and even absenteeism.  

As employees spend ⅓ of their days at work, there’s a lot that an employer and/or a manager can
do to support members of their team who are  going through a tough time. Being patient and
understanding towards them is the first step. 

Most organisations have clear policies, procedures or guidelines that specify how employees can
be supported during difficult times. These often fall under “work-life balance” umbrella and are
especially helpful in situations when bereavement or grief strikes, including flexible working,
paid time off or Employee Assistance Programs. 

By offering support and understanding, as well as guiding employees through the hard times, it is
possible to build trust and loyalty within people who frequently will return stronger and more
committed. Making their professional career another challenge to deal with and manage might
create the opposite result  and as an employer, you may never regain their trust and
commitment. 

9. Performing meaningful work

As in case of non-monetary incentives, motivation through meaning targets the need of self-
actualisation. Finding meaning is an existential question and according to research, including
Deloitte’s Talent 2020 series, performing meaningful work is one of the top 3 motivational
drivers.

Finding the meaning behind work turns out to be linked to being able to make a difference to
humanity through the job. By creating a culture of ethics, morals and establishing a CSR
strategy, companies can encourage and guide their employees in the search of meaning.

Another element to consider is educating employees on the values and the mission of the
organizations they work for - the foundation of seeing the meaning is understanding why the
company does what it does and how it makes a difference. Another aspect is showing how the
employees the role they play within the company links to the Company’s vision, mission and
values. By helping employees understand how they make an impact on the business and through
that how they contribute to society is a clear and simple way of giving them a purpose. 

 
Final Thoughts

Motivation is dynamic - it changes over time. It’s the line manager’s responsibility to identify
and react to these changes. Having a full understanding of what employees want to achieve as
individuals, and showing them how to do it, is the main principle that if followed will help to
build a strong, engaged and high performing team.
 

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