This document discusses various ways to motivate people in an organization. It outlines different theories of motivation including Maslow's hierarchy of needs, McGregor's XY theory, and McClelland's motivational needs theory. It also provides suggestions for motivating employees such as building trust, promoting pride in work, encouraging team building, and ensuring fair treatment. The document advocates for performance appraisal systems, setting work goals, and basing rewards on job performance. It emphasizes motivating executives through compensation packages that include salary, incentives, benefits, and perks.
3. MOTIVATION
What is motivation?
MOTIVATION = Value of outcome x expectation of
achieving it
Motivation is a desire to achieve a goal, combined
with the energy to work towards that goal.
4. Motivation is everything. You can do the work of
two people, but you can't be two people. Instead,
you have to inspire the next guy down the line and
get him to inspire his people.
Motivation is the art of getting people to do what
you want them to do because they want to do it.
5. WHAT MOTIVATES PEOPLE
External Rewards
• Salary
• Working conditions
• Benefits
• Environment
Internal Rewards
• Achievement
• Responsibility
• Recognition
• Feedback
• Learning and growth
7. WHAT MOTIVATES PEOPLE
• Achievement
• Responsibility
• Recognition
• Feedback
• Learning and growth
• Recognize achievements through programs
that showcase performers.
8. WHAT MOTIVATES PEOPLE
• Achievement
• Responsibility
• Recognition
• Feedback
• Learning and growth
• Have volunteer programs and other
programs that enable employees to
showcase their responsibility towards each
other and the society at large.
9. • Recognize winners through awards like
Service Quality Awards, Best Operations
Awards, Best Trainer Awards, etc.
WHAT MOTIVATES PEOPLE
• Achievement
• Responsibility
• Recognition
• Feedback
• Learning and growth
10. WHAT MOTIVATES PEOPLE
• Achievement
• Responsibility
• Recognition
• Feedback
• Learning and growth
• Follow a system of feedback and
performance appraisal i.e the 360o
system
in which both the boss and subordinate
participate.
11. WHAT MOTIVATES PEOPLE
• Achievement
• Responsibility
• Recognition
• Feedback
• Learning and growth • Give a lot of importance to training and
development and have various training
academies to cater to various sections of
employees.
• Analyze training needs to recognize
competency gaps and impart knowledge
through customized training programs.
12. WHAT MOTIVATES PEOPLE
• Employee engagement
• Challenging job profiles
• Keep them self-motivated
• Good projects
• Job rotation
• Job security / stability
• Good team, co-workers, bosses
In addition to the external and internal awards, have:
20. MOTIVATING
TRUST Respect, communication
PRIDE Work related to the person
CAMARADERIE Team building exercises, promoting
team work, create communities
21. PERFORMANCE APPRAISAL
How to evaluate your people?
Performance Appraisal Systems contain two basic systems:
Evaluation System
Feedback System
22. STRATEGIES FOR MOTIVATION
• Treating people fairly
• Satisfying employees needs
• Setting work related goals
• Restructuring jobs
• Base rewards on job performance
23. Five basic elements of executive compensation:
• Salary
• Short-term incentives
• Long-term incentives
• Employee benefits
• Perks
EXECUTIVE COMPENSATION