In this essay I will be looking at different views that have been discussed in recent years on how reward schemes affect the motivation of employees and also looking at theories that have been produced by theorist backing up rewards as a positive form of motivation and disregarding reward schemes as a helpful form of motivation. By looking at these different views and theories I will gain an understanding of where they think motivation through reward schemes stands in the work place, this will help me to gain a strong answer to whether rewards schemes is the one best way to motivate an employee in the workplace. I will be giving my own views on the information that theorist have already gathered, this will help me to see and understand both sides of the argument so that I will have a strong judgement to conclude the statement.
An important part of helping employees so that the work they carry out is efficient is through motivation. Motivation helps give employees an extra edge to work harder, complete tasks faster and well. In an employee’s view motivation can be seen as the inner power that can help them achieve goals that they are set by their employers, give them a sense of direction when they are trying to find out important information and to help bring them out of depression or stress that their work may be giving them. It is very important that managers keep their staff motivated or else they may act lazy towards work. Demotivation eventually leads into arguments breaking out between employees within an organisation as well as work efficiency decreasing as there is no work put into the end product the organisation is trying to achieve.
There are two types of motivation linked with rewards these are extrinsic motivation and intrinsic motivation. Intrinsic is normally referred to as being motivated by your interests for example if you are undertaking