There are a lot of factors that can influence an employee’s motivation which make it such a crucial part of successful management. Describe the factors that may affect motivation levels in the workplace Motivation levels can be affected by many factors within the workplace. The most basic of these factors are the pay, job security, environment and fringe benefits such as medical cover and life insurance. Most of the above are seen as the normal of a job (pay and job security) or extras (medical cover and life insurance). It is important thou that an employee has enough money to able to live as they will soon lose focus of their companies aim and become more content with finding another job or asking for pay rises.
The ability to tap into the global labor market will make the company more competitive by being able to offer competitive prices on products due to lower overhead cost associated with the offset in the labor cost. Attracting employees to join the company is the better option unless there is a management position that requires exceptional talent to fill the position. Relocation of prospective employees can be costly to the company and there is no guarantee that they will be long term employees of the company. With the company's plans for expansion I would recommend overstaffing. This will allow the company to stock pile talent for future
Improving Organizational Performance April 29, 2013 Psy 428 Professor Catherine Floyd-Jennings Improving Organizational Performance Job satisfaction and productive work performance are essential factors in an organization. Ensuring that employees are satisfied and capable of exhibiting quality work performance can be challenging. This report will explore the four major phases of the simulation and the solutions recommended for improving work performance. I will discuss the way motivational theories can increase productivity and ways to reduce stress in the workplace in relation to the simulation. I will also examine how human behavior, cognition and affect can enhance relationships within an organization.
Threat of Substitutes: Management consulting firms are one of the threats for substitution. (“Management Consultants doubled as potential clients as well as direct competitors in terms of offering digital strategy”, p.9, para 2). Another outside industry threat is the IT firms. (“Huge found itself pitching against an IT company who were offering many of the services as Huge” p.9, para 3). Another threat of substitute could be companies hiring in house people to save costs, in which case they will have to compete with them in terms of attracting talent as well.
The organization should follow company’s strong culture and consider retaining the talent employees to accomplish its business plan. But, Tanglewood relied on its experienced employees as a major source of talent. As I said before, suppose the company promotes internal employees, there must have many gaps in the organization. So, how to find new employees let them become skill employees are the big issues. 2.
The process can identify what a particular department requires and what a prospective employee needs to deliver. It can help determine particulars about a job including job title, job location, job summary, duties involved, working conditions, possible hazards and machines, tools, equipment’s and materials to be used by the existing or potential employee. Job analysis doesn’t just support recruitment processes it can also support the company in achieving goals and targets. It can look at the current job holder and ensure they have the skills and ability to perform the task in hand. Job analysis can also contribute to the review of pay structures within a company.
Employee Portfolio: Management Plan Jackie Clayton University of Phoenix MGT/311 November 19, 2012 Kevin P. McCoyd Employee Portfolio This paper will discuss how employee’s characteristics affect the organization and recommendations for additional assessments. With any employee, different personalities and characteristics can be beneficial or damaging to an organization. At Riordan Manufacturing, our goal is to provide a superior service to our customers. To accomplish our mission, employee satisfaction is the key to providing superior customer service. Another issue is the relationship between employee and employer.
Abstract Employers implement retention strategies to manage employee turnover and attract quality employees into the organization. Retention programs focus on the relationship between management and their workers. Competitive pay, benefits, employee recognition and employee assistance programs are all part of a company's attempt to maintain employee satisfaction. Human resources specialists utilize feedback they receive from exit interviews and focus groups to improve employee relations and reduce turnover. Transitional development issues plague corporate America daily with the ability to hire and retain quality people; costs associated with training new hires, and conversely seek avenues in improving employee dissatisfaction.
I think the most important principle of knowledge management is whether a company shares useful knowledge in time for others who need a solution to problems. I will analyze three options by the principle. The first option (Deeper: more employees) requires extensive preparation so it is costly and more time-consuming because more employees involve in networking although going deeper would benefit the organization. Also, in my experience, I don’t think that more people involve in sharing knowledge, more useful knowledge would generate. Rather, focusing on talent employees or managers is more efficient to make useful knowledge because they may have more intelligence and experiences to response the issues.
ssue: Performance evaluations are a way for an employer to measure how well an employee is performing in their job. These evaluations can be used to encourage positive performance or to resolve employee issues. Formal reviews can be the basis for promotions and pay raises, or in some cases, disciplinary actions. The subjective nature of performance reviews can create potential ethical issues for HR practitioners. While it may be necessary to use different measures for different employees, it is difficult to be objective when a manager can pick and choose what criteria they are using to evaluate.