Motivation is the desire to achieve a goal. Some people can be self-motivated, while others need a push, pressure or rewards.
Why is employee motivation important in a business?
if a business has a well, motivated workforce people will be happier. The working environment and labor productivity will be higher.
What are the three main reasons why motivation is important?
easier to attract employees
easier to retain employees
higher labor productivity
Easier to attract employees
businesses require the best possible workers, if a business can recruit highly capable and reliable workers, it might gain a competitive edge
more motivation equals a pleasant workplace
worker equal, cheerful, polite, supportive, and positive
this is important when interviewees are being shown around the environment
good candidates will be more likely to accept the job if they are impressed with what they see in the workplace
A business might also develop a good reputation for employing a happy and well motivated workforce
It can attract employees from rivals
Easier to retain employees
if employees are well motivated, they are less likely to lose their jobs
this means that staff turnover will be lower. This is beneficial because of staff turnover is high recruitment, selection and training costs will be higher.
it can also be troublesome for managers, trying to organize business activities/workers if there is high labor turnover
Higher labor productivity
well, motivated employees will work harder. They are more likely to take pride in their work. Complete tasks quickly and feel their job is more important.
as a result, they will produce higher levels of output
for example, most organizations place workers into teams. Therefore, if workers do not cooperate with each other, teamwork will be disrupted.
well, motivated employees are likely to be cooperative. This leads to an increase in team spirit, which increases productivity.