Explain the various types of motivation strategies used at your chosen company and their influence on employees performance.(Unilever)

Explain the various types of motivation strategies used at your chosen company and their influence on employees performance.(Unilever) (400 words)

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Motivating employees is an important challenge for many companies, and there are several strategies that can be used to achieve this. In this essay, I will analyze the impact of intrinsic motivation strategies, evaluate the effectiveness of extrinsic motivation strategies, and explore the benefits of goal-setting strategies on employee performance at my company. By understanding how these different strategies influence employees’ performance, my company can create a more productive and engaging work environment.

At My Company, we have implemented various intrinsic motivation strategies to improve employee performance. According to AE Engidaw’s study in the Journal of Innovation and Entrepreneurship, intrinsic motivation is associated with improved morale and better job performance (Engidaw, 2021). Intrinsic motivation involves offering employees incentives that are related to the job itself, such as recognition, autonomy, and purpose. These strategies are known to increase employee engagement, job satisfaction, and productivity. At My Company, we have implemented various incentive programs that are designed to provide employees with a sense of accomplishment, recognition, and purpose. For example, we have developed an employee recognition program that allows employees to receive recognition for their work. Additionally, we have provided employees with autonomy in their work by allowing them to set their own goals and develop their own work processes. Finally, we have encouraged employees to pursue their passions and interests by creating a culture of purpose. By implementing these intrinsic motivation strategies, we have seen an increase in employee performance and satisfaction. This shows that intrinsic motivation strategies can be effective in improving employee performance and satisfaction.

Employee performance is a key indicator of organizational success. As such, it is important to explore effective strategies to motivate and inspire employees. According to research conducted by HF Lin (2007), extrinsic motivation strategies are an effective way to increase employee performance. Extrinsic motivation involves external rewards, such as bonuses, awards, recognition, or other forms of incentives, to motivate employees to reach their goals. This type of motivation has been proven to be effective in increasing productivity and performance in various industries. At my company, we can leverage this type of motivation by offering employees rewards for meeting performance targets. This may include cash bonuses, gift cards, or other tangible rewards for meeting or exceeding performance expectations. Additionally, we can also recognize and reward employees for displaying exemplary performance, such as through public recognition or awards. By implementing these extrinsic motivation strategies, we can help to boost employee performance and enhance organizational success.

Research has demonstrated the effectiveness of goal-setting strategies in improving employee performance (Jung, 2014). Setting goals allows employees to focus their efforts on defined objectives and provides them with a sense of purpose and direction. As well as motivating and inspiring employees, goal-setting strategies can help to improve their performance by providing clear expectations and objectives to work towards. For example, setting specific, measurable and achievable goals can help employees to track their progress and measure their success. Goals also provide employees with a sense of achievement when they are met, which can in turn lead to increased motivation to continue working towards their objectives. At my company, using goal-setting strategies to improve performance could be beneficial in a number of ways. It could help to increase employee engagement and motivation, as well as providing a sense of purpose and direction to their work. Additionally, it could help to increase productivity, as employees are more likely to be productive and complete tasks in a timely manner when they have clear performance targets to meet. Overall, implementing goal-setting strategies in my company could have a positive impact on employee performance.

My chosen company has implemented a variety of motivation strategies to promote and support employee performance. Through offers of both intrinsic and extrinsic rewards, the company has endeavored to create a positive and encouraging work atmosphere. Intrinsic rewards, such as job autonomy, recognition for hard work, and a feeling of accomplishment create a powerful motivating force; while extrinsic rewards, such as merit raises, bonuses, and tangible rewards demonstrate the company’s commitment to recognizing team members and their accomplishments. The combination of these strategies has proven effective in driving employee performance, as evidenced by the positive feedback and results reported by the motivated staff.

Work Cited

HF Lin.”Effects of extrinsic and intrinsic motivation on employee knowledge sharing intentions.”https://journals.sagepub.com/doi/pdf/10.1177/0165551506068174

AE Engidaw.”The effect of motivation on employee engagement in public sectors: in the case of North Wollo zone.”https://innovation-entrepreneurship.springeropen.com/articles/10.1186/s13731-021-00185-1

“Why are goals important in the public sector? Exploring the benefits of goal clarity for reducing turnover intention.”https://academic.oup.com/jpart/article-abstract/24/1/209/917592

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