Motivation and retention (OCR GCSE Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
Which of these is an advantage of employee motivation?
Which of these is an advantage of employee motivation?
Improved performance
What is one benefit of employee motivation?
What is one benefit of employee motivation?
Less absences
How does employee retention help a business maintain quality?
How does employee retention help a business maintain quality?
Maintains an experienced workforce
What cost benefit does employee retention provide?
What cost benefit does employee retention provide?
Reduces recruitment & training costs
What are financial methods of motivation?
What are financial methods of motivation?
Methods providing monetary rewards
What is the purpose of pay as a financial motivator?
What is the purpose of pay as a financial motivator?
Makes them willing to work more hours
What do bonuses reward employees for?
What do bonuses reward employees for?
Meeting objectives or tasks done well
What is profit sharing?
What is profit sharing?
Given % of profits on-top of salary
What is a disadvantage of financial motivation methods?
What is a disadvantage of financial motivation methods?
Expensive to provide
What is non-financial motivation?
What is non-financial motivation?
Recognises efforts without financial cost