Document page
Business Studies IGCSEPDF 61
212 pagesrevision 46931
PDF 61
Page image rendered from the stored file at 110 dpi; it sharpens as you zoom. Outlines are placed from each region’s stored position on the page (612 × 792 pt).
readable
Source of this text: embedded text layer. The better of the embedded text and OCR is kept.
●
●
●
●
●
●
●
● Non-financial reasons:
Job satisfaction – pleasure from doing the job well.
Status and recognition – respect and esteem from others.
Sense of achievement – pride in completing challenging tasks.
Social interaction – forming friendships and teamwork.
Personal development – learning new skills and progressing in one’s career.
● Financial reasons:
To earn income (wages/salaries) to satisfy basic needs such as food, housing,
clothing.
To achieve financial security for themselves and their families.
● Motivation refers to the willingness and enthusiasm of employees to perform their
work efficiently and effectively.
● Motivated workers are committed, productive, and loyal to the organisation.
● A lackof motivation can lead to:
○
Lower productivity
○
High absenteeism
○
High labour turnover
○
Poor quality of work
What Motivation Means
Benefits of a Well-Motivated Workforce