Evaluating Motivation, Management Styles & Performance Appraisal

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Added on  2023/04/21

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This report delves into employee motivation, examining financial and non-financial incentives and the application of Maslow's and Herzberg's theories. It outlines the company's aims and objectives, focusing on unisex clothing and sales growth. The report discusses the democratic management style, emphasizing employee involvement and direct communication. Training types such as job rotation and external/internal sessions are highlighted, along with monetary rewards like bonuses and share options. Furthermore, it evaluates employee performance through yearly appraisals and outlines the benefits for both employers and employees, including motivation, retention, and productivity. The document concludes with a list of references. Desklib provides this and other solved assignments for students.
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Scenario 2
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Employee Motivation
Employee Motivation is considered as a significant aspect where in employers have to deal
with needs and preferences of employees.
Several types of benefits are required to be provided to the employees so that they can feel
motivated.
Employee motivation also aids in employee retention and job satisfaction.
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Financial and Non financial motivation
Monetary Motivation Non-monetary Motivation
Types of Motivation
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Motivation
Financial Motivation Non- Financial Motivation
Motivation can be provided through
financial resources such as rewards,
incentives and other financial benefits.
Non Financial motivation can be
given in the form of recognition,
appreciation and other encouraging
benefits.
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Maslow's theory of Motivation
There are five hierachies in the theory and managers are required to
consider needs of employees at different stages.
The theory is useful in depicting various needs of employees and how
it changes the behavioral aspects and work performance as well.
In order to apply the theory, employers need to out the employees on
all the hierarchies.
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Herzberg Theory of Motivation
Herzberg theory is useful as it can aid the employer to identify all those
aspects that promotes work environment.
The theory also includes all those forces that impacts employee
motivation and work culture.
The theory can be applied on the basis of motivators and hygiene
factors.
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Aims and Objectives
Aim:
The main aim of the company is to offer quality as well as fashionable
clothes to men and women both.
Objectives:
To offer unisex clothes to the customers
To increase the sales within year ending by 5%.
To maximize the interest of employees in the organization
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Different management styles
Leaders and managers will be using Democratic style in which
staff members will also be included in company's decision making
process.
Concern will be given to employee motivation and engagement.
There will be direct communication between employees and
managers.
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Types of training
The company has the availability of provision of job rotation in
which employees could be transferred to different job profiles.
External as well as internal training sessions are organized at the
store so that sales development skills can be developed among
employees.
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