Research Paper on "Motivation"

Research Paper 3 pages (1057 words) Sources: 2

[EXCERPT] . . . .

Motivation

Over the last several years, the issue of employee motivation has been continually brought to the forefront. Part of the reason for this is because of the increased amounts of benefits that employees are requiring, in order to remain at a particular company. As an aging workforce is causing, employers to meet the demands of employees or they will be forced to lose market share to their competition. A good example of this can be found with Google, where the company offers benefits that are above and beyond traditional employers. Where, they allow employees flexibility and choices, as to what kind of benefits makes sense for them (as far as compensation is concerned). This includes various benefits such as: comprehensive medical / dental / life insurance, free child care, tuition reimbursement, a shuttle service, an onsite doctor, dry cleaning services, a cafeteria, financial planning classes, a gym and flexibility in what projects the employee can work on (just to name a few). ("Benefits," 2010) This is significant, because it shows how Google will offer these benefits, as a way to be able to retain talented employees; so that the company can be able to maintain their competitive position in the future. As a result, all managers must be able to understand how to motive their employees, in order for a business to maximize profits and remain competitive. To achieve this objective requires: examining Maslow's hierarchy of needs and incentives offered to employees (to keep them motivated). Together, these different elements will provide the greatest insights, as to how executives can effectively motivate their employees.

Maslow's Hierarchy of Needs


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