PRESENTATION ON MOTIVATION
The Professionals
INCREASING PAY ALONE WILL NOT
INCREASE JOB PERFORMANCE AND
SATISFACTION
Objectives Of The Presentation
To
understand the concept of pay, job satisfaction and performance
To examine the inter-relationship between increase in pay, job satisfaction and performance To identify other factors that influence job satisfaction and performance
To analyse the statement using a case study.
Conclusion and summary
Definition Of Terms
Pay: This is simply money given to a person for performing certain activities. It could also be referred to as wages, salary, remuneration or stipend. (WordWeb Software 2011 and WebFinance
Inc
Job 2011) satisfaction: Job satisfaction is the positive feeling one has about one’s job (Robbinson and Judge 2005). Spector
(cited in Abdulla, Djebarni and Mellahi 2011 p 127) said that job satisfaction refers to “the degree to which people like their jobs”.
Job performance?
It is the accomplishment of a given task which is measured against pre-set known standards.
Why Motivation?
Why is it so important for this statement
Motivation
What Is Motivation
Motivation is simply defined “as the processes that account for an individual’s intensity, direction and persistence of effort towards attaining a goal” (Robbins and Judge 2007, p.
186)
Types of Motivation
Intrinsic Motivation
“Intrinsic motivation refers to the motivation that comes from the performance of an activity for no apparent reinforcement other than the process of performing the activity per se” (Teo et al., 1999).
Extrinsic Motivation
This is motivation that comes from “the performance of an activity because it is perceived to be instrumental in achieving valued outcomes that are distinct from the activity itself” (Teo et al.,
1999).
Unmotivated Vs Motivated Staf
Unmotivated
• High tendency of
Staf
absenteeism
• High rate of staf turnover • Low productivity level
Motivated
Staf
Enthusiastic about work
Higher job satisfaction rate
Higher
INCREASING PAY ALONE WILL NOT
INCREASE JOB PERFORMANCE AND
SATISFACTION
Objectives Of The Presentation
To
understand the concept of pay, job satisfaction and performance
To examine the inter-relationship between increase in pay, job satisfaction and performance To identify other factors that influence job satisfaction and performance
To analyse the statement using a case study.
Conclusion and summary
Definition Of Terms
Pay: This is simply money given to a person for performing certain activities. It could also be referred to as wages, salary, remuneration or stipend. (WordWeb Software 2011 and WebFinance
Inc
Job 2011) satisfaction: Job satisfaction is the positive feeling one has about one’s job (Robbinson and Judge 2005). Spector
(cited in Abdulla, Djebarni and Mellahi 2011 p 127) said that job satisfaction refers to “the degree to which people like their jobs”.
Job performance?
It is the accomplishment of a given task which is measured against pre-set known standards.
Why Motivation?
Why is it so important for this statement
Motivation
What Is Motivation
Motivation is simply defined “as the processes that account for an individual’s intensity, direction and persistence of effort towards attaining a goal” (Robbins and Judge 2007, p.
186)
Types of Motivation
Intrinsic Motivation
“Intrinsic motivation refers to the motivation that comes from the performance of an activity for no apparent reinforcement other than the process of performing the activity per se” (Teo et al., 1999).
Extrinsic Motivation
This is motivation that comes from “the performance of an activity because it is perceived to be instrumental in achieving valued outcomes that are distinct from the activity itself” (Teo et al.,
1999).
Unmotivated Vs Motivated Staf
Unmotivated
• High tendency of
Staf
absenteeism
• High rate of staf turnover • Low productivity level
Motivated
Staf
Enthusiastic about work
Higher job satisfaction rate
Higher
References: TIETJEN, M. A., MYERS, R. M., 1998. "Motivation and job satisfaction", Management Decision TOKER, B., 2011. Job satisfaction of academic staff: An empirical study on Turkey. VASKOVA, R., 2007. Teamwork and high performance work organisation. [online]. [Accessed 21 November, 2011]. WEBFINANCE INC, 2011. Businessdictionary. [online]. Fairfex. Available from www.businessdictionary.com/definition/performance [Accessed 19 November, 2011] WORDWEB SOFTWARE, 2011 http://www.wordwebonline.com/search.pl?w=pay [Accessed 19 November, 2011]. WYLD, C. D. and MAURIN, R., 2011. Does More Money Buy Happiness on the Job? The Academy of Management Perspectives, 25 (1), pp