Employee motivation and firm performance
Zowu, Deborah (2024)
Zowu, Deborah
2024
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-202403114176
https://urn.fi/URN:NBN:fi:amk-202403114176
Tiivistelmä
Organizations are seeking methods to enhance their performances to achieve their goals and adjust to the fiercely competitive work environment. Another option is to focus on enhancing staff motivation. This study investigated the correlation between employee motivation and firm performance by using Siskon Siivous as a case study to analyse this association. A total of ten (10) respondents were selected using purposive selection and convenience sampling methods.
Direct interviews were carried out, and the information was transcribed and examined using theme analysis. It has been disclosed that there is a connection between staff motivation and performance at Siskon Siivous. The firm incorporates both intrinsic and extrinsic types of motivation and primarily relies on the Performance Management System (PMS) to evaluate personnel. Motivational awards are then provided depending on these assessments.
Furthermore, the study revealed obstacles such as limited resources, inadequate performance evaluation, and an unjust promotion approach.
Upon the disclosure, the researcher provided suggestions for managerial action, such as investigating alternative methods to supplement the current incentives to enhance employee performance.
Additionally, management should allocate a higher proportion of the organization's budget towards motivation and the implementation of a comprehensive performance review system, such as the usage of a 360-performance review. This would ensure that the review process is not biased, as indicated by the respondents. The study explored the practical and theoretical aspects of motivation in the workplace.
Direct interviews were carried out, and the information was transcribed and examined using theme analysis. It has been disclosed that there is a connection between staff motivation and performance at Siskon Siivous. The firm incorporates both intrinsic and extrinsic types of motivation and primarily relies on the Performance Management System (PMS) to evaluate personnel. Motivational awards are then provided depending on these assessments.
Furthermore, the study revealed obstacles such as limited resources, inadequate performance evaluation, and an unjust promotion approach.
Upon the disclosure, the researcher provided suggestions for managerial action, such as investigating alternative methods to supplement the current incentives to enhance employee performance.
Additionally, management should allocate a higher proportion of the organization's budget towards motivation and the implementation of a comprehensive performance review system, such as the usage of a 360-performance review. This would ensure that the review process is not biased, as indicated by the respondents. The study explored the practical and theoretical aspects of motivation in the workplace.