Why do people work & Motivation

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WHY PEOPLE WORK

People work for a variety of reasons and not only just for money. People usually work for the following reasons :

Money: to pay for necessities and some luxuries

Security: a sense of security, i.e knowing that your job and pay are safe you are not likely to lose your job

Social needs(Affiliation): feeling part of a group o organization meeting people, making friends at work

Esteem needs (self-importance): feeling important, feeling that the job you do is important

Job satisfaction: enjoyment is derived from feeling that you have done a good job

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WHAT IS MOTIVATION

Motivation is the reason why employees want to work hard and work effectively for the business.Motivated workers have high productivity rates leading to greater output which can lead to further increase in profits, but unhappy workers do not work effectively and haw a low output so there are lower profits or in some cases no profits at all.