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Employee motivation, i.e. methods for motivating employees - can be defined as an intrinsic and internal drive that encourages the employee to increase their productivity and achieve company goals.
Extrinsic motivation and intrinsic motivation are the two leading theories of motivation. Extrinsic motivation involves the use of external factors to influence employee behaviours, such as the use of rewards and punishments. On the other hand, intrinsic motivation comes from within the employee. The latter is usually more effective in the long run.
Motivating employees is key to improving work performance and the company’s overall success. It is essential to encourage employees by:
instilling high expectations. One, however, needs to be wary of over-promising, since this can do more harm than good.
treating them fairly
satisfying their needs
setting work-related goals and introducing an incentive reward system