Part 1 – Key Knowledge: motivation strategies including performance-related pay, career advancement, investment in training, support strategies and sanction strategies
Test Your Knowledge
Define performance related pay. Identify two different forms of performance related pay.
Explain how career advancement can improve the motivation of employees.
Distinguish between support and sanction.
Explain how investment in training can lead to employees feeling more valued by the business.
Part 2 – Key Knowledge: advantages and disadvantages of motivation strategies and their effect on short- and long-term employee motivation
Test Your Knowledge
Bill’s Electronics is a mid-sized manufacturing company that specialises in producing electronic products. Bill’s Electronics has always paid their employees around 10% over the minimum required wages. However, there is currently a staff shortage in the area and the company is losing employees due to poor motivation. Discuss the most appropriate motivation strategy for Bill’s Electronics to use to improve the motivation of the employees.
Explain the effect sanctions can have of the short-term and long-term motivation of employees.
United Health is a local private hospital. Recently, there has been a large amount of staff turnover (employees leaving the hospital to work elsewhere). Evaluate TWO motivation strategies. Justify which strategy would be best to improve the motivation of the employees in the short term and which would be best to improve the motivation of the employees in the long term.