3.5 Motivation and Retention

• Motivated employees are more likely to generate innovative ideas.


  True
• Arrange the levels of Maslow's Hierarchy of Needs in ascending order:

  1️⃣ Physiological

  2️⃣ Safety

  3️⃣ Social

  4️⃣ Esteem

  5️⃣ Self-Actualization
• What type of motivational tactic addresses the self-actualization level in Maslow's Hierarchy?

  Professional development opportunities
• Recognition and advancement are examples of motivating factors in Herzberg's theory.

  True
• Arrange the following financial motivation methods in order of their frequency of use:

  1️⃣ Bonuses

  2️⃣ Commissions

  3️⃣ Profit Sharing

  4️⃣ Stock Options/Equity

  5️⃣ Retirement Benefits
• Retirement benefits often include contributions to pension plans or 401(k) accounts.
• Motivated employees exhibit higher productivity
• Businesses can use Maslow's Hierarchy to understand employee needs
• What are some examples of financial motivation methods?

  Bonuses, profit sharing, equity
• Why is employee retention crucial for businesses?

  Reduces turnover, improves productivity
• Motivated employees exhibit higher levels of productivity
• What is the purpose of Maslow's Hierarchy of Needs?

  To explain human motivation
• Team-building activities help fulfill the social needs of employees.

  True
• What are the two types of factors proposed by Herzberg's Two-Factor Theory?

  Hygiene and motivating factors
• Match the factor type with its example:

  Hygiene Factor ↔️ Job security

  Motivating Factor ↔️ Sense of achievement
• Profit sharing involves employees receiving a percentage of the company's profits.

  True
• What does motivation in business refer to?

  Internal drive toward objectives
• What are the basic needs addressed in the physiological level of Maslow's Hierarchy?

  Food, water, shelter, rest
• Hygiene factors are intrinsic elements that drive motivation.

  False
• Match the non-financial motivation method with its description:

  Recognition ↔️ Acknowledging employee achievements

  Autonomy ↔️ Giving employees control over tasks

  Work-Life Balance ↔️ Allowing flexible work arrangements
• Arrange the key strategies for employee retention in order of their primary focus:

  1️⃣ Competitive pay and benefits

  2️⃣ Career development opportunities

  3️⃣ Positive work environment

  4️⃣ Flexible working arrangements

  5️⃣ Recognition and rewards programs
• What does motivation in business refer to?

  Internal drive to achieve objectives
• Match the employee characteristic with its description:

  Company Loyalty ↔️ Strong commitment to the business

  Attendance ↔️ Regular presence at work
• Competitive salaries and comfortable workspaces address the physiological needs of employees.
• Match the level of Maslow's Hierarchy with its description:

  Esteem ↔️ Need for self-respect

  Safety ↔️ Security from harm
• What happens if hygiene factors are removed, according to Herzberg's theory?

  Dissatisfaction increases
• What is the purpose of bonuses as a financial motivation method?

  Reward performance
• How do commissions motivate employees?

  By rewarding sales efforts
• Maslow's Hierarchy of Needs arranges human needs into five levels.


  True
• What are the two types of factors proposed in Herzberg's Two-Factor Theory?

  Hygiene and motivating factors
• Non-financial motivation methods focus on intrinsic rewards
• Businesses can improve retention by fostering a positive company culture