Employee Motivation refers to the level of energy, commitment, and creativity that a company's workers bring to their jobs. It is influenced by both intrinsic factors (like personal satisfaction) and extrinsic factors (like compensation).
Employee Motivation plays a pivotal role in a company's performance and success. Motivated employees are typically more productive and deliver better quality work, leading to superior business outcomes. They are also more likely to be proactive, take initiative, and come up with innovative ideas. Furthermore, motivated employees tend to exhibit higher levels of engagement and commitment to the organization, contributing to a positive workplace culture. They are also less likely to leave the company, resulting in lower turnover costs. Therefore, Employee Motivation not only drives individual performance, but also enhances organizational performance and competitiveness.
A variety of factors can influence an employee's motivation:
Managers can take several steps to boost Employee Motivation:
While measuring motivation can be complex, there are several methods that can be employed: