Motivating employees (AQA GCSE Business): Flashcards
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15 cards from this deck
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Practise the cards
15 cards from this deck
Motivation definition (workplace)
Motivation definition (workplace)
The will to work
Motivated employees benefit: productivity
Motivated employees benefit: productivity
Higher output per person, lower avg costs
Why motivated staff have lower absenteeism
Why motivated staff have lower absenteeism
Satisfied with work, want to attend regularly
Staff retention benefit from motivation
Staff retention benefit from motivation
Reduces recruitment & training costs
Salaries definition
Salaries definition
Fixed annual amounts paid monthly
Wages definition
Wages definition
Hourly payments, weekly or monthly
Commission definition
Commission definition
Payment based on sales value achieved
Main disadvantage: salaries/wages
Main disadvantage: salaries/wages
Little incentive for higher productivity
Profit sharing definition
Profit sharing definition
Employees receive portion of business profits
Does higher pay = better motivation?
Does higher pay = better motivation?
No - poor pay demotivates, but higher pay doesn't guarantee motivation
Job enlargement definition
Job enlargement definition
Wider variety of tasks for employees
Job enrichment definition
Job enrichment definition
Greater responsibility & more complex tasks
Most motivating management style
Most motivating management style
Democratic or laissez-faire (more freedom)
How training motivates
How training motivates
Shows company values & invests in employee development
Pay % of costs (labour-intensive industries)
Pay % of costs (labour-intensive industries)
Can exceed 50% of total costs
