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and their applications in real life
Click to edit Master subtitle style OB Group represented by: Name Roll No Abhishek Bishnoi 2 Priyanka Bhattacharjee 71 Kanwaljit Singh 37 Dipika Biswas 31 Narinder Jeet Kaur 55 4/7/12 CS Bagga 26
Interplay of various Motivation Theories 4/7/12 Abhishek Bishnoi– .
it may not be a single theory or concept that is “in play” at any given moment of time.Interplay of various Motivation Theories In actual practice. thereby suggesting that the theories are supplementary to each other Let us have a look at a few examples: 4/7/12 . There may be a combination at work.
Practice at Covidien India A Top-10 Global US Healthcare MNC. having presence in over 150 countries and over 43000 employees worldwide. allow us to take you through the entire process through a snapshot. At Covidien India. The commonest tool utilized for motivating sales personnel is “incentives”. with over $11 Billion revenues. 4/7/12 CS Bagga – Roll . To understand better. we follow the same but with quality “Add- Ons” before and after the above notation. which normally takes into consideration the “numbers achieved ” and is rewarded by “additional money”.
then Off to NEW ZEALAND with FAMILY For One Week All Expenses Paid Trip Reinforcement Theory 4/7/12 Expectancy Theory May also get additional responsibility or promotion .S M A R T Goals are set (per employee) at the beginning of the year in consultation with the employee Specific – Goal is very clearly communicated Measurable Definite numbers are assigned Attainable – The number is achievable with a little “stretch” (~ 30% jump) Realistic – Both the manager and employee feel that it is achievable. Timely – Quarterly appraisal and rewards program Goal Setting + Self Efficacy Theory Non Achievers Development needs explored and corrective measures undertaken Q1 Target Achieved Q2 Target Achieved Q3 Target Achieved Q4 Target Achieved ` ` ` ` Special mention in IN-Country Newsletter Recommended at ASIA Level for “President’s Circle Awards” If amongst top 20 Asia Performer.
which will depend on two components in the Organization is based on The present system only one component . commissioning. operation and maintenance of hydro and thermal power projects in the North Eastern Region of India. construction. NEEPCO deals with conceptualization. of India. GOI onwards.the achievement of the Department 4/7/12 grades obtained in employee’s annual appraisal Priyanka Bhattacharjee – .North Eastern Electric Power Corporation (NEEPCO) A Public Sector Enterprise under the Ministry of Power. Govt. New system of Annual Performance Related Pay to achievement of the be introduced in the Organization based on the Organization this year ranking by the Department of Public Enterprise.
The new system is meant to enhance to personal development of the employee. as well as team work the Department achieves the goals set for it by the Management and the Ministry of Power. Theory of Motivation: Expectancy Theory of Motivation 4/7/12 . which amounts to 10% of the Basic salary. Example 2 Another example of motivation in terms of pay is provided for all the employees working in remote and far-flung areas in our Project sites in the North East. as it rewards individual contribution to the Organization. The incentive is termed as Far-Flung allowance.
o Types of content Hierarchy of needs theories: theory ERG theory Two-factor theory o o Hierarchy of needs Maslow's hierarchy of needs theory states that theory people have a pyramid hierarchy of needs that they will satisfy from bottom to top. Starting from mere physiological subsistence the Maslow hierarchy of needs covers belonging to a social circle to pursuing your talent through 4/7/12 self-actualization. Important to the hierarchy of Narinderjeet Kaur– .
üProvide the long service awards annually. Relatedness needs ü Company has various get together for maintain the 4/7/12 . üCompany create the environment development of competence.ERG Theory: Growth needs üCompany has well recognition of potential having by the different people and reward accordingly.
Two Factor Theory: 4/7/12 .
IMS.My Company. fulfills both hygiene and motivator factors which is described in below table: Hygiene Factors Healthy wok environment and company policies Feelings of job security Quality of inter-personal relations Motivator Factors Provide sense of sufficient responsibility Challenging / stimulating work Sense of personal achievement & personal growth in a job 4/7/12 .
Thank you 4/7/12 .