Employee Motivation

• Fringe Benefits


  Known as ‘perks’ E.g. company car, private health insurance, free meals
• Performance Related Pay


  Paid to those employees who meet certain targets
• Profit Sharing


  A system whereby employees receive a proportion of business profits
• Piece Rate Payment


  Pay per item produced in a certain period of time Advantages
• Job enrichment


  Giving workers more interesting and challenging tasks. Seen as more motivating as it gives workers chance to further themselves
• Job enlargement


  Giving workers more tasks to do of a similar nature or complexity