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2. Research problem
Employee satisfaction is the core issue for the every entity, and thats why the
department named Human Resource Management appears to the business context.
It is very hardly needed to satisfy the employees (internal customers) in an organization
in order to get the efficient outcomes from them. Therefore, the motivational strategies
were introduced to the Human resource management. However, there are still some
contravention arguments existing within the experts seeking that weather monetary or
4. Objectives
The objectives being posed on this topic are to :
4. Literature review
There are so many studies that explain about the different ways to motivate the
employees. But for the purpose of this research project, there are few and
appropriate studies have taken for the review. Basically there are two factors 1)
monetary incentives 2) non-monetary incentives. In those days monetary
incentives were the only motivation tools to boost employees performance.
Though now the entrepreneurs have come to realize that there are something
beyond the monetary incentives which will boost the employees performance.
According to that, the study of (Myron Curry) says no one in this world can ignore the
money. Because its used among the bills, children, higher education, personal desires
etc. but still money should not be the only incentive which is used to drive employees.
Also there are something known non-monetary incentives such as listening to the
employees ideas, respecting the employees, recognizing the employees, keep them
informed, make sure to provide the sufficient resources in order to make their job easier,
friendly workplace environment, and communicate them etc. These are the nonmonetary incentives which do drive them more than monetary incentives. And also the
KSA providing luxury incentive packages will mean as a boost employee performance,
such as providing wine gifts or latest technologies such as DVD players or digital
camera as a non-cash incentive. But here the factor can be found is, wines or DVD
players or digital cameras do cost value in it. Therefore that cant be considered as nonmonetary incentives. Furthermore, how these wine or latest technology products can be
sure to satisfy their needs? So here this statement is critic sable. Furthermore, in order
to support KSA, the design of non-monetary incentives do have the link with the staff
motivation level either in increase or decrease. And he points out that non-monetary
incentive can be the drawback of the motivation unless the organization finds the needs
of the employees. Daniel states that identifying the needs of employees is essential
before the organization starts to choose the incentive methods.
Apart from that Ritter & Taylor suggest that these days workers dont have real,
measurable difficulty in landing comparable jobs in market which function both efficiency
and quickly. So it is important to provide the incentives as monetary in this competitive
business environment. As well Incentives suggests that 1/3 of todays business
organization does make the incentives as monetary related in order to boost their
employees. Which most of the companies have found that the monetary incentives are
the key booster in order to motivate the employees And still authors do suggest that
there are some positive outcomes with the appropriate non-monetary incentives but
monetary incentives means a lot for the employees in order to boost their performance
which will completely fulfil their physiological needs of employees over than a nonmonetary incentive do. But still here they havent come for the conclusion that do
monetary incentives make more efficiency or non-monetary incentives make more
efficiency in employees performance. So since the argument is contravention, the
research is up to this topic.
3
2
7
3
2
1
1
No. Of
Sampling for
employees
the interview
1 (randomly)
1 (randomly)
2 (stratified)
1 (randomly)
1 (randomly)
1 (randomly)
1 (randomly)
questionnaire
3
2
7
3
2
1
1
The table which extracts about the employees of each department and who are going to
be selected for the interviews and for the questionnaire. For the purpose of interview the
employees will be selected based on their experience period. The long time experience
people will be given preference for the selection of randomly. But still all of the
employees will be given the questionnaire for the fill up.
Interviews: interviews could be made within the employees during the working
time. The easy and best way is to have it as a familiar/friendly manner. So there
can be more information rather than having it on professional interview manner.
Questionnaire:
Secondary data: in secondary data, the sources will be finding out by someone whom
has stated on some materials (Books, e-books etc.)
topics)
Company websites
Research studies from the institution
Text books and journals
Reports on employee related which provided by company(EPF, ETF)
8. Work Plan
Months
Weeks
Problem identification
January
1 2 3
February
1 2 3
March
1 2 3
April
1 2
Literature review
Entrance to the workplace
Research design
Choice of methodology
Data collection & analysis
Writing up draft
Editing
Submission of final document
9. Findings
1.
2.
4.
8. Employees suggestions