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4 people_motivation_introduction

4 people_motivation_introduction - 5 Lower levels of staff...

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tutor2u GCSE Business Studies Motivation - introduction Motivation is the will to work . This comes from the enjoyment of the work itself and/or from the desire to achieve certain goals e.g. earn more money or achieve promotion. Managers spend considerable time working out how best to motivate their workers and there are a number of different opinions about how this can be best done. A well-motivated workforce can provide the following advantages: 5 Better productivity (amount produced per employee). This can lead to lower unit costs of production and so enable a firm to sell its product at a lower price 5 Lower levels of absenteeism as the employees are content with their working lives
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Unformatted text preview: 5 Lower levels of staff turnover (the number of employees leaving the business). This can lead to lower training and recruitment costs 5 Improved industrial relations with trade unions 5 Contented workers give the firm a good reputation as an employer so making it easier to recruit the best workers 5 Motivated employees are likely to improve product quality or the customer service associated with a product Key Links for GCSE Business Studies http://www.tutor2u.net/ Discussion Board for GCSE Business Studies Other GCSE Business Studies Revision Notes and Resources from tutor2u Tutor2u GCSE Business Online Store...
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