Professional Documents
Culture Documents
k58clc1 - Group 2 - Using Reward To Motivate Employees
k58clc1 - Group 2 - Using Reward To Motivate Employees
MOTIVATE EMPLOYEE
GROUP 2
Part I: Introduction to motivation
Quoc Thai
Part I: Introduction to motivation
1. Definition of motivation
Quoc Thai
Extrinsic Motivation
Self-Determination Theory (SDT) explains how external events like rewards or praise sometimes produce
positive effects on motivation, but at other times can be quite detrimental (Ryan & Deci, 2008)
Quoc Thai
Extrinsic Motivation
Quoc Thai
Extrinsic Motivation
Quoc Thai
INTRINSIC MOTIVATION
Quoc Thai
WHY IS MOTIVATION
IMPORTANT?
I have learned from my mistakes, and I am sure I can repeat them exactly.
Peter Cook
Quoc Thai
Part I: Benefit of motivation
1. To Individuals
Quoc Thai
Part II: Benefit of motivation
1. To our Relationships
Motivate employees
Engage students
Quoc Thai
The driving forces for development
“Life is like riding a bicycle. To keep your balance, you must keep moving.”
Albert Einstein
Quoc Thai
HEATH BENEFIT FROM HAVING A GOOD MOTIVATION
Some studies show that when we feel helpless in exerting control for
example, we tend to give up quickly when challenged (Peterson, Maier, &
Seligman, 1993)
Others have proven than when we find ourselves coerced, we lose
access to our inner motivational resources (Deci, 1995)
Quoc Thai
REWARDS
Thông
An incentive plan to reinforce the desirable
behaviour of workers or employers and in
return for their service to the organization.
THERE ARE
MANY
DEFINITIONS The achievement and benefit received by
employees for their job performance in an
organization.
Thông
IN A
NUTSHELL
All forms of financial return, tangible services
and benefits an employee receives as part of
an employment relationship
Thông
REWARD Reward power is simply the power of a manager to give some
type of reward to an employee as a means to influence the
POWER employee to act.
Thông
Appreciate the
IMPORTANCE performance
OF REWARDS
Higher productivity
Failure
Thông
TYPES OF REWARD
Extrinsic
Thông
TYPES OF REWARD
Intrinsic
Thông
TYPES OF REWARD
Extrinsic Intrinsic
Going to the gym to lose weight Going to the gym to relax and find
balance
Studying to prepare for an exam Reading to learn about a new
subject or hobby
Being asked to complete overtime Taking extra responsibility at work
at work because a deadline is for the satisfaction of knowing you
approaching and a project is late are trusted to take on extra jobs
Thông
WHEN TO USE REWARDS
Extrinsic Intrinsic
Short-term Long-term, sustainable
Thông
BENEFITS
Thông
1.
SAVE
MONEY
FORMS OF FINANCIAL
RETURN
Đình Công
THE ASSOCIATION
SALARY AND JOB
SATISFACTION
very weak
Đình Công
"Money doesn’t make
you happy. I now have
$50 million but I was just
as happy when I had $48
million."
2. MINIMUM
EFFICIENT
ADMINISTRATION EXPENDITURE OF
ENERGY, TIME,
MONEY,
PERSONNEL,
MATERIEL, ETC.
Đình Công
Đình Công
100 BOXES
NEED 100 PEOPLE ?
1 PERSON
1 BOX
3. Make employees
work more
productively. Motivated and happy
employees are productive
Xuân Ngân
The more positive
the reward the
more likely the
employee will be
highly motivated.
Xuân Ngân
Example: Google’s employees
are allowed greater discretion
on their hours of work
Xuân Ngân
4. Raise willingness to take
on challenging tasks
Xuân Ngân
WHAT HAPPENS WHEN
REWARDS GO WRONG?
Anh Duy
1. temporary
disengaged
compliance
MONETARY
REWARDS
is seen to have certain
drawbacks which can
undermine the purpose
for its use increase pay costly
inequality
create intrinsic
frustration detriment
Anh Duy
2. INEQUITABLE
EMPLOYEE
REWARDS
UPPER-LEVEL
EMPLOYEES/LEADER
$1 Billion EMPLOYEES/WORKERS
$10
foster
elitism
divided
workforce
commitment
distractor
Anh Duy
PERFORMANCE-BASED
INCENTIVES OFTEN
ENCOURAGE COMPETITION
3. IN THE WORKPLACE, WHICH
EMPLOYEE MAY LEAD TO CONFLICTS.
INCENTIVES
If certain employees get all the praise, their
Inappropriate peers may think that you're playing favorites.
Structured incentives For this reason, it's wiser to offer group
result in perceived as
manipulative or unfair incentives rather than individual rewards, but
on the negative side, group rewards can
make it difficult for your employees to see
how far they got on their own.
Anh Duy
Foster
short-term
thinking
Degrade
creativity Employee e che ating,
ura g a v ior
o eh
rewards Enc al b
n ethic
u &
rtcuts
sho
Become
addictive
Anh Duy
EMPLOYEE REWARDS'
DIFFICULTIES IN
IMPLEMENTATION
Le Ngoc Thanh Ha
1. MISSING AN OPPORTUNITY TO BETTER UNDERSTAND WORKER PREFERENCES
Thanh Ha
1. MISSING AN OPPORTUNITY TO BETTER UNDERSTAND WORKER PREFERENCES
Thanh Ha
3. THE IMPACT OF COVID - 19
Minh Tâm
An employee recognition program is a plan to
encourage specific behaviors by formally
1.
appreciating specific employee contributions.
EMPLOYEE
RECOGNITION
PROGRAM
Minh Tâm
2.
UNDERSTAND
THE
EMPLOYEES'
NEEDS
Minh Tâm
3.
INVOLVEMENT
OF THE
EMPLOYEES
Minh Tâm
4.
OTHERS
CHARACTERISTICS
OF REWARDS
Minh Tâm
Ensure employees' financial wellbeing
5.
MITIGATING
COVID-19'S
EFFECT Deliver a clear and transparent
message
Minh Tâm
THANK YOU!