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Employee Motivation and Retention Strategies at Microsoft

   

Added on  2020-03-16

14 Pages4250 Words51 Views
Running head: Employee motivation and retention strategies at Microsoft 1Employee motivation andretention strategies atMicrosoft

Employee motivation and retention strategies at Microsoft 2Executive SummaryThe aim of this paper is to understand the importance of retention strategise and motivation strategies for any organisation. There is a lot more which an organisation can gain from a motivated workforce in terms of higher productivity s well as profitability. In such a globalized word, organisations are keeping their high focus upon the retention and motivation of the employees for acquiring increased level of competitive benefits. The report will present the case of Microsoft and the issues it faced in the motivation and retention of its workforce and the particular strategise it used to overcome those issues.

Employee motivation and retention strategies at Microsoft 3ContentsExecutive Summary.........................................................................................................................1Introduction......................................................................................................................................2HRM and Organisational culture at Microsoft................................................................................2Issues related to retention and motivation of the workforce at Microsoft.......................................3Solution to the issues of employee retention and motivation..........................................................6Conclusion and Recommendations..................................................................................................8References......................................................................................................................................10

Employee motivation and retention strategies at Microsoft 4IntroductionRetention and motivation of the employees are the two most vital aspects of any organisational human resource management as it only reflects the organisational productivity and the efficiencyof the employees. The organisations are required to have those strategies that can build the morale and motivation of the workforce and help in retaining them in the organisation. Increased level ofmotivation influences an employee to work in a positive and efficient manner and rapidlyattain the desired goals of the organisation. the organisation oppose to this have ineffective strategies regarding the motivation and retention of the employee face number of challenges as well as financial issues in the market too. It also make challenging for the organisations to retain the competent and skilled workforce (ALDamoe, Yazam and Ahmid, 2012). Therefore, for attaining a competitive advantage it is essential to have a motivated workforce in the organisation. Presently there are several organisations that are striving hard to take sue of effective strategies for retaining and motivating the organisational workforce. To motivate the employees there are diverse set of approaches for yielding the best talent from the market. The key factor in the strategies is remuneration of the employees and communication for making them assure that they are paid adequate compensation as well as for having an improved workplace environment with effective team building. There are various other strategies too for motivating the employees that comprises of performance appraisal, training, rewards and recognition, etc. (Abdullah, Ahsan and Alam, 2009). These strategies play vital role in retaining and motivating the workforce. It is also important for the companies to comprehend the significance of possessing a workforce which is highly motivated. There is also a viewpoint that implementing the motivation strategies is a waste of resources and cost but on the contrary, all the motivation strategies are not expensive and the small organisations can even implement themin an affordable manner. In this paper, the key focus will be on the motivation and retention strategies of Microsoft Corporation, the issues faced by the company and the respective strategies to overcome the same.

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