Motivation - created from Mind Map

Seite 1

Finantial motivation

Non-Finantial motication

Salary

Wages

Profit-related pay

Commision

Performance related pay

Employee share ownership scheme

Fringe benefits

Salary is a fixed annual sum that is usually paid over 12 equal monthly instalments.

Wages (time rate) is a payment made in weekly sums based on the number of hours one works.

Profit-related pay means that the employee receives a percentage of the profits that the company makes that year.

Commission is a type of reward system, which is most frequently seen in sales work. A salesperson who works on commission gets paid a percentage of their total sales.

Performance-related pay means that the worker can receive additional money (bonuses) for reaching pre-agreed objectives.

An employee share-ownership scheme means that employees are given shares in the company as a reward or, in some instances, they have the opportunity to buy shares at discounted prices.

Fringe benefits (perks) are rewards are paid to the employee in addition to their salary, such as a company car, housing allowance or free meals.

Job enrichment

Job rotation

Job enlargement

Empowerment

Purpose

Teamwork

Job enrichment is when employees are given added tasks that require more skill or training.

Job rotation is when employees change jobs for a period of time to learn a new task within a work process, e.g. the different tasks in assembly line production work.

Job enlargement is when tasks are added to an employee's job description. These tasks are mostly of a similar level.

Empowerment entails giving employees greater responsibility in deciding how to perform their job.

Empowerment entails giving employees greater responsibility in deciding how to perform their job.

Teamwork is the collaborative effort of a group of employees working together to achieve completion of a task or goal.