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Chapter 6-1

Business studies

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Arooj Abid
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11 views5 pages

Chapter 6-1

Business studies

Uploaded by

Arooj Abid
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Motivating employees Key objec The objectives of this chapter are to revise: es ‘© why people work and what motivation means © the benefits of a well-motivated workforce: labour productivity, reduced absenteeism and labour turnover @ the concept of human needs - Masiow’s hierarchy ©. key motivational theories Taylor and Herzberg © financial rewards as a method of motivation, for example, wage, salary, bonus, commission, profit sharing © non-financial methods of motivation, for example, job enrichment, job rotation, teamworking, training, opportunities for promotion ‘© how to recommend and justify appropriate methods of motivation in given circumstances. Key definitions Definition rae “Motivation ‘The reason why employees want to work hard and work

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