The impact of material and moral incentive on employees’ motivation
Importance of the study
Employees play a major role in organizations’ performance and its effectiveness in production. Being aware of this, the top management should by all means find a way or means to motivate them in their work. Rewarding the employees with material and moral incentives is one big step an organization can make in seeing that they are motivated. By motivating them, an organization is most likely able to meet the goals set by the management. A strategic study on how to issue the material and moral incentives to the employees is very vital. ( Kinmonth, 6)
The study is of advantage to managers because it gives him an idea in studying the need, desires of an employee and rage of functional satisfaction which helps him (manager) change employee’s mind and behavior towards achieving the organizational goals. The study too helps the manager to recognize the importance of manpower and therefore appreciates the employees by doing or giving rewards in return to promote them. This helps in creating good relationships hence, teamwork leading to effective production. (Aswathappa, 67)
The study is of great importance to the organization at large. The organizations are challenged to motivate workers in order to maintain them to enhance performance. Despite the fact that there is an increase in number of job seeking people, the number of skilled and experienced people is still low. Through this study, the organizations recognize the importance of their workers and establish material and moral incentives to attract and retain them hence, its growth.
The study too is beneficial to the employees. Through motivation, they get morale while doing their jobs. They respond very well to their leaders and tend to perfect their work. In seeing the good job done, the top management gives them promotion as a way of motivation. The promotions lead to salary increments. Both, the organization and the employees benefit.
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