A Study on Motivating Employees Motivation is a set of forces that directs an individual to the behavior that results in better job performance. A motivated employee might work harder than expected to complete the task proactively‚ find ways to improve the quality and efficiency of the work environment. It is the willingness to exert high levels of effort to reach organizational goals‚ conditioned by the effort’s ability to satisfy some individual need Motivation is the reason or reasons
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reduce employee turnover and improve the workplace. Having the ability to survey the employees and find weak spots allows the industrial and organizational psychologist to determine the best measures to improve the company from the inside out. Using surveys on current and potential employees as well as assessments can cause the company to find weak employees and strong leaders that might have been previously overlooked. Industrial and organizational psychologist can improve the potential employee selection
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discrimination between the banks no longer exist‚ the services of almost equivalent. The bank do more advanced technology will certainly capture the advantage. Most of the banks are using computers to automate the processing stage to optimize performance and limit manually. Banking industry is becoming more competitive. Customers today have more opportunities to reach more information. They have more options in choosing the bank for the transaction. This will cause more difficult for banks to attract and
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EMPLOYEE MORALE & MOTIVATION Morale indicates happiness of the employees with the organizational environment. It is akin to job satisfaction. Employee morale benefits everyone involved in a work place. Boosting employee morale means that people will take more pride in their work‚ EFFECTIVE WAYS OF IMPROVING MORALE Most people thrive on feeling appreciated. You can improve employee morale by showing your appreciation in simple ways‚ such as rewarding an employee by saying‚ "job well done
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BANKING SECTOR REFORMS –Implications for Employees By: Mr. Feyi Oluwaremi (B.Sc‚ MBA‚ ACA) ABSTRACT Recent reforms carried out by Sanusi Lamido Sanusi‚ governor of the Central Bank of Nigeria (CBN)‚ in the banking industry appear desirable. The CBN aims at ensuring the stability and soundness of Nigeria’s banking industry within the shortest possible time. However‚ the unintended negative effects of these present reforms of the banking sector on national economy are awful. The
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Chapter 1 Introduction Islamic banks today exist in all parts of the world and are looked upon as a viable alternative system. While it was initially developed to fulfill the needs of Muslims‚ Islamic banking has now gained universal acceptance.Islamic banking has been in existence since the 1970s‚ and it has shown tremendous growth over the last 30 years. The practice of Islamic banking now spreads all over the world from the East to the West‚ all the way from Malaysia‚ Bahrain to Europe and
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Employee Training and Career Development The objective of organizational development is to increase the long-term health and performance of the company while inspiring the lives of its employees. The emphasis is on organizational culture that influences the way people work‚ by removing obstacles and increasing motivation‚ where there is culture of continual improvement and part of everyday life. Training and organizational development empowers individual employees and leaders‚ and aligns shared
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Managing Challenges in Banking Industry By: Dr. Sudhindra Bhat MBA‚ MFM‚ ACS‚ M.Phil‚ PGDS&MM‚ PGDIR&PM‚ PhD** Management Faculty‚ Consultant and Corporate Trainer Acharya Institute of Management and Sciences 1st Cross‚ 1st stage‚ Peenya industrial Area‚ Bangalore-560 058 E-mail: bhatt1978@yahoo.com Financial System is the most important institutional and functional vehicle for economic transformation of any country. Banking sector is reckoned as a hub and barometer of the financial
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to the workplace through successful transfer of training and a positive work environment is what measures individual and corporate performance. As employees are chosen to learn‚ it is usually in the form of structured training (Schimic & Jevremovic 2011). Due to global competitive pressures structured training does not help the employee retain enough knowledge to be useful in the workplace‚ as mostly the transfer of training fails when the employee is reinserted. This can be due to a variety of
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The Effect of Financial and Non Financial Compensation to the Employee Performance Arik Prasetya† and Masanori Kato Graduate School of Asia Pacific Studies‚ Ritsumeikan Asia Pacific University Beppu-shi‚ Oita-ken‚ Japan Abstract-- This study aims (1) to examine the employee responses in terms of their performance to an implementation of the compensation policy that includes both financial and non financial compensations‚ (2) to analyze the influence of both financial and nonfinancial compensation
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