Employee who engaged, work at higher level and interest to their job. This often leads to innovation in the business. The fifth benefit is profitability. If employees are engaged, they become more productive and efficient, positively affecting the company. A study by Wyatt Watson found that companies that have highly engaged employees produce 26% higher revenue per employee.
Having employees positively motivated is a key aspect that managers strive to achieve. Not only does motivation create employees to desire to accomplish more, but it also encourages employees to be the best, as well as stimulates better interpersonal relationships. Social Psychology looks at the struggles some employees face with creating motivation, and attempts to discover how to explain the different types of motivation, as well as how employers can be advised to achieve a higher level of motivation from their employees. This essay will explore the different elements of motivation, and how it is achieved. Some of the more specific aspects being analyzed are Goal Setting Theory, empowerment, and Social Motivational Training as scrutinized by various researchers.
Should business guarantee employees a job for their entire life to motivate them? The connection between companies and employees are benefits and income. They work based on a profit factor and the overall goal is for both of them benefit together. To motivate employees to work better and make more money for companies, some people claim that business should guarantee workers a job for lifetime. But in fact, such guarantees hurt business and employees.
Sharma and Anupama (2010) define an engaged employee as one who is fully involved in and enthusiastic about his work and thus will act in a way to further his organization’s interests. Dutta (2008) elaborates a little more in defining engaged employees as those who are highly motivated, very passionate about their work, and very dedicated to the cause of the organization. When I think of an engaged employee, a picture comes to mind of someone who takes pride in their work and who is motivated to go the extra mile, meaning they are willing to put forth extra time and energy because they are fully committed to the overall mission of their organization. Engagement is probably the highest form of commitment from an employee. In addition to taking pride in their own personal work, I believe that employee engagement is a result of an employee’s pride in their organization’s work and their belief that they play a role in the achievement of the overall mission.
Retention of High Performing Employees By Prof R.K.Saily, Professor in Bharati Vidyapeeth’s Institute of Management & Information Technology, Navi Mumbai And Research Scholar of JJTU ABSTRACT Keeping high-performing employees has become a top priority for today’s organizations for achieving cutting edge in the globally competitive environment. Managers, supervisors, and team leaders play the greatest role in employee satisfaction or dissatisfaction. Today’s employees want challenging and meaningful work, opportunities to learn and grow, the sense of being part of a group, and a good boss. This article describes the things that managers and supervisors can do to create these conditions and be “good bosses”. It is often said that employees do not leave the organizations, they leave the managers.
Introduction A successful leadership in any organization understands that a successful workplace conflict management strategy will reduce hostility and aggressiveness at work. Conflict management and resolution must address everyone's needs and concerns, to ensure effectiveness and to also help employees with a greater job satisfaction. Communication is both the cause of and the remedy for conflict. Effective organizations understand the need for employees to know how to effectively communicate, and how to satisfactorily resolve disputes. By knowing this it can lead to a happier, more productive atmosphere in the workplace.
In addition, the company needs to increase salaries and improve benefits for some of the remaining employees. Therefore, the company is figuring out how to convey this good news and bad news to its workers. Analysis and Evaluation While Weymouth has to lay-off thousands of employees, it plans to increase salaries and improve benefits for others. On one hand, it’s necessary for the company to downsize to save the company in this tough time. On the other hand, offering a better policy for remaining workers may conflict with the cost-cutting effort, but satisfying workers can benefit company’s long-run business.