Johnny Ch Lok

Factors Raises Employee Efficiency Johnny Ch Lok

What do organizations hope to achieve from a reward scheme? To ensure organization is able to recruit sufficient number of employees with the right skills to motivate employees to comply with legal regulation to be ethical to be affordable and easy to administer. If rewards offers are not competitive, then it will be difficult to recruit staff since potential employees can obtain better rewards from competitors and current employees will choose leave the organization. High staff turnover can lead to higher costs of recruitment and training of new staff. Organizations would like employees to work harder and be flexible. The link between reward schemes and motivation is a complex resource-relationship to solve this issue. A well known theory relating to motivation is Maslow's hierarchy of needs. Maslow stated that people's wants and needs follow a hierarchy. Once the needs of level of the hierarchy are met, the individual will then focus on achieving the needs of the next level in the hierarchy. The lower levels of the hierarchy are physiological, relating to the need to survive ( e.g. eating and being housed). Once these have been met, humans then desire safety, followed by love, followed by esteem and finally at the top of the hierarchy, self actualization, or self fulfilment. Applying Maslow's hierarchy of needs to reward schemes suggests that very junior staff, earning very low wages will be motivates by receiving higher monetary rewards, as this will enable them to need their physiological needs. As employees become progressively move highly paid. However, monetary rewards become relatively less important as others needs in the hierarchy, such as job security, ability to achieve one's potential and feeling of being needed become more important. Otherwise, Herzberg argued that increasing rewards only motivates employees temporarily. Once, who become de-motivated again, it is necessary to recharge whose energy with another increase. So the intrinsic factors in a job that motivate employees, such as achievement, recognition for achievement, the work itself, responsibility and growth or advancement. Giving greater responsibility to employees, for example, can increase motivation,