Employee Motivation Strategies: Beyond Financial Incentives

This presentation delves into the multifaceted aspects of employee motivation, extending beyond the conventional focus on financial incentives. It argues that while salary is important, it's not the sole determinant of employee performance and satisfaction. The presentation explores various non-monetary factors that significantly influence employee motivation, including providing opportunities for career growth, fostering a unified vision within the organization, encouraging the generation of new ideas, and implementing good management practices. It also examines the crucial role of company culture in shaping employee morale and productivity. The presentation then discusses the limitations of relying solely on financial rewards, highlighting potential drawbacks such as inconsistency, short-term effects, lack of coordination, and the associated costs. In conclusion, the presentation emphasizes the importance of a holistic approach to employee motivation, integrating both financial and non-financial strategies to create a supportive and stimulating work environment. The presentation concludes by highlighting the importance of Academic & Professional skills to facilitate development for the future.

Academic & Professional Skills

Table of Contents
 Introduction
 Main Body
 Conclusion
 References

Introduction
Academic and Professional Skills refer to those skills which are quite
helpful for a person in ensuring that the relevant academic results can
be achieved without problems and issues. For this presentation the topic
is It takes more than a salary to get the best out of employees. In this
presentation detailed discussion will be made on this topic.

Main Body
Good employees don't just work for money. They need much more than
money so that they are able to use their skills and efficiency in a proper
manner to contribute towards the cause of the organization.
Thus the financial incentives which are paid to the employees are not
the only factors which can motivate them. The other factors which can
motivate them so that they can perform better are explained as follows-
Providing opportunities for the employees- Relevant opportunities
are required to be provided to the employees so that they are able to
achieve their personal goals effectively and efficiently.

Continued...
Providing a unified vision- There must be a common vision within the
organization on which it can work so that the organizational goals and
objectives are achieved.
Providing opportunities for ideas to flourish- In the organizations the
employees must be given proper guidance regarding using their ideas by
brining creativity and innovation.
Career growth opportunities- For the organizations it is important
that they provide their employees with relevant career growth
opportunities.

Continued...
Good management practices-
Employees give a lot of value
to the good management
practices which are displayed
by the management of the
organization.
Company culture- Company
culture is very important for
the organizations to consider.

Continued...
While Financial Motivation is the
best option for motivating the
employees to do better there are
also negative points which are
associated with it which can result
in dissatisfaction of the workers.
Thus the disadvantages of Financial
Motivation are explained as
follows-
Inconsistency- When the workers
are motivated using financial
rewards there can be an
inconsistency.

Continued...
Short-term in nature- Offering of financial rewards to the employees
can be very short-term in nature.
Lack of coordination- When the financial rewards are offered to the
workers this can result in lack of coordination between them because
each one of them would be willing to perform only at individual level
so as to get financial reward thereby ignoring the team spirit.
Costly option- Providing of financial rewards to the workers can be a
very costly option for the organization.

Conclusion
From the above presentation, it can be concluded that Academic &
Professional skills are quite helpful to facilitate development for the
future. It takes more than a salary to get the best out of employees
because they look forward to several other factors which can enhance
their overall motivation and morale.

References
Brundiers, K. and Wiek, A., 2017. Beyond interpersonal competence:
Teaching and learning professional skills in sustainability.
Education Sciences. 7(1). p.39.
Mercader-Trejo, F. and et.al., 2016. Technical internships as a means of
acquiring professional skills for future metrologists. Measurement.
84. pp.1-6.

Thank You