Explanation on different techniques of motivation

The various theories of motivation provide managers with a number of effective concepts of motivating employees. Hence, management can employ a variety of techniques to motivate employees. Some important techniques are as follows:

• Money
• Participation
• Quality of Working Life (QWL)
• Job Enrichment

Money

Money is most important technique at motivation. Money plays a vital role to motivate the employees of the business organization. Money is the crucial incentive to work motivation. As a medium of exchange, it is the vehicle by which employees can purchase the numerous needs satisfying things they desire. Many studies reaffirm that for the vast majority of the workers, a regular paycheck is absolutely necessary in order to meet their basic physiological and safety needs. If employees are provided fair and competitive salary and ages, then employees will be motivated. So, employees of the business organization must be provided a financial tool of motivation then the manager can apply non-financial tool of motivation.

Participation

Participation is the on-financial tool of motivation. Employees must participate in the decision-making procedure. Then only they will be motivated towards the business. When employees participate in the in the decision-making procedure they can share and exchange their ideas, views, and opinions. Exchange of opinions information positively impacts business organiation. 

The underlying assumption of employee motivation through participation are:

• People derived satisfaction from being a part of the management.
• It increases the responsibility of the participants.
• It fosters greater acceptance to change.
• It provides the feeling of belonging, recognition and above all accomplishments, and
• In addition, it encourages better decisions making, accepts responsibility, promotes teamwork and emphasizes the use of creativity.

Quality of work life/ sound working environment

The sound working environment is the non-financial tool of motivation. The modern business organization must have mutual cooperation. If there is no mutual cooperation then the organization can not achieve success. Organization must have the harmonious relation between employers and employees and superior and subordinates. If there is harmony relation then employees can enjoy the job. Employees can perform maximum effort. The sound working environment also helps to decrease disciplinary problem, labour turnover ratio etc. QWL has received enthusiastic support from a number of sources. Managers have regarded it as a promising means of dealing with stagnating productivity. Workers and union representatives have also seen it as means of justifying higher pay. Government agencies use as a means of increasing productivity and minimizing labor disputes.

Job enrichment

Job enrichment is another non-financial tool of motivation. The manager must consider about the job enrichment. If there is the possibility of job enrichment employees of business organization will be motivated. Employees will also pay maximum individual contribution. Job enrichment provides new techniques and technology in a business organization. Thus, the business must par proper concentration towards sound working environment.