How can the management motivate its existing employee without giving financial benefits?
OBJECTIVES
To be able to know if implementing a competency-based planning program is a good strategy to boost up the morale and increase motivation of the employees.
To know what other alternative benefits can be given to employees, aside from monetary benefits.
SWOT ANALYSIS
Strength:
Has loyal customers
Has a facility that attracts potential customers and members.
Weaknesses:
High turnover rate
Low morale and motivation
The company has no position description, job specification, system and procedure guides, HR policies and operational procedures.
Opportunities
There are many social members that could further increase the company’s revenue.
Threats
Competitors may hire the skilled employees who resigned from the company.
There may be a decrease of job applicants in the future because of low morale and low motivation provided by the management of the company.
ALTERNATIVE COURSES OF ACTION
A. Free access to all facilities
During break time, each employee is given the opportunity to participate in the gaming facilities, entertainment and sporting activities. Employee, together with one family member they are also given discounts in the bars and eateries. Although employees are given free access of the facilities it will have a certain time limit of two hours in the use of the facilities. Discounts are only availed five times a month.
ADVANTAGES
DISADVANTAGES
Employees will look forward into going to work because they will be motivated
Increase in morale
Costly
Employees might get the habit of playing gambling games.
It will be a destruction to the employees because they will not focus on their job.
B. To give recognition with one day vacation for the most outstanding employee of the month.
To help motivate employees, this alternative course of action is about giving recognition to those deserving and