The Effect of Work Motivation on Employee Performance
Therefore, there is no fixed formula for driving performance, as every strategy is designed according to a different situation. One thing is for sure; motivating employees is effective in enhancing performance.
- High-level of productivity
- Low turnover and absenteeism
- Enhanced creativity and interest
- Increased customer and employee satisfaction
- Improved quality of products and services
- Enhanced financial performance
- Improved company profile
From recognition and praise to rewards and incentives, there are various methods of motivation. Each method is in direct relation to performance. It means a higher motivational level brings higher performance.
Let us learn how various methods of motivation affects employee performance:
1. Individual Rewards
For instance, a newly established firm started door-to-door marketing. Employees getting 20 or more orders are given 10% extra of their fixed income. This encourages every employee to give their best in influencing the potential clients and getting the orders.
2. Group-Based Recognition
Thus, employees realise that by achieving the targets, everyone will get a reward. Therefore, collaboration, teamwork, and productivity increase. Similarly, many firms appreciate working in small teams. One big objective of the firm is chopped down into smaller ones. Each objective is assigned to one team. It is similar to having multiple departments.
At the end of the year, the performance of every department is evaluated. Department showing the best performance is motivated either by recognition or reward. For instance, giving the best department award or announcing an additional facility for the department workers.
3. Reinforcing the Purpose
With continuous training and development, firms educate the employees about the latest methods for achieving business goals. Besides this, the purpose of business also gets revised, which motivates the employee to achieve collective goals. This, in turn, increases employee performance.
4. Calculating Monthly Feedback for Yearly Incentives
For instance, a five-star rating in the monthly evaluation may qualify an employee for a higher incentive. This helps in keeping employees on track. Since they know they are going to get an increment, they work hard to improve performance.
5. Encouraging Vacation Time
Therefore, family vacation leaves are given for motivating employees. When workaholic employees get off and enjoy valuable time with family, they return with an intense passion for showing brilliant productivity.
6. Boosting Employee Voice
Additionally, it lets employees to work with free mind. An environment where employee-voice is encouraged gives courage and confidence to every employee. They feel their worth and try to put intense creativity in their work.
This is the reason why a prime focus on employee-engagement strategies is essential. The absence of such strategies makes the employees feel disengaged, resulting in a lack of motivation.
7. Giving Positive Feedback
For instance, giving feedback after every project is essential for letting the employees avoid future mistakes. Besides this, this strategy is a big contributor to motivating employees.
8. Opportunity To Lead
However, if an employee has joined the firm as a trainee, and now after five years, he is working as a team leader, his motivational level will rise. It is because employees realise their career growth and achievements. Therefore, they perform better to get higher positions for the future.