Employee Motivation: The Role of Monetary Incentives in the Workplace

This report explores the crucial role of monetary incentives in motivating and retaining employees within an organization. It emphasizes the importance of financial rewards in addressing employees' primary needs, thereby enhancing their engagement and commitment. The report highlights the significance of recognizing and rewarding employees' efforts through monetary incentives, which not only boosts morale but also encourages skill development and knowledge application. The analysis indicates that effective monetary incentive programs are essential for attracting and retaining a skilled workforce, particularly in the face of increasing operational demands and competition. The report also corrects a grammatical error and refines the language to ensure clarity and precision in conveying the impact of monetary incentives on employee motivation and organizational success.

Running head: REVISION
REVISION
Name of the student:
Name of the University:
Author Note:

1REVISION
1. There are numerous ways in which the employees of the organization can be motivated
and benefited as well, but one amongst all of them may attract more employees for the
organization and that is monetary incentives.
The primary need of the employees in an organisation is related to the financial stability and
support for which all of them work hard and feel motivated.
2. The operational requirements of the business organizations, have increased, which means
that the need for hiring new employees have increased as well. But these organizations
have to work hard to retain the employees as well.
The employees of an organistion are the most valuable assets therefore they need to manage
them in such a way so that they feel connected with their organisation and do not leave.
3. While an employee is rewarded with incentives, they receives a recognition in the
origination as well.
The employees are rewarded with incentives which is mainly the monetary reward system to
keep the human resource motivated. This is not only limited and skills to the effort but also
their previous knowledge of the subject.
Techniques.
Focusing on the main segment of the sentence that is monetary incentives which captures the
actual value of the effort of the employees.
The exponential development of the organizations need support of the human workforce
which is the primary focus of the sentence.
The sentence had a grammatical mistake that is ‘they receives. It has been changed. The
word origination has been replaced with previous knowledge of the subject.