The project work entitled “A COMPARATIVE STUDY OF THE EFFECTS OF FINANCIAL & NON-FINANCIAL MOTIVATION ON EMPLOYEES WITH AN AIM TO CREATE ORGANIZATIONAL EFFICIENCY” with special reference to XYZ, Dhaka is mainly conducted to identify the factors which will motivate the employees and the organizational functions in Flora Telecom Ltd., Dhaka.
Management’s basic job is the effective utilization of human resources for achievements of organizational objectives. The personnel management is concerned with organizing human resources in such a way to get maximum output to the enterprise and to develop the talent of people at work to the fullest satisfaction. Motivation implies that one person, in organization context a manager, …show more content…
1. The level of pay and benefits, 2. The perceived fairness of promotion system within a company, 3. Quality of the working conditions, 4. Leadership and social relationships, 5. Employee recognition 6. Job security 7. Career development opportunities etc.
Motivated employees are a great asset to any organisation. It is because the motivation and Job satisfaction is clearly linked. Hence this study is focusing on the employee motivation in the organisation. The research question is formulated as follows:
“What are the factors which help to motivate the employees?
1.3 Significance OF THE STUDY
The study is intended to evaluate motivation of employees in the organization. A good motivational program procedure is essential to achieve goal of the organization. If efficient motivational programmes of employees are made not only in this particular organization but also any other organization; the organizations can achieve the efficiency also to develop a good organizational culture.
Motivation has variety of effects. These effects may be seen in the context of an individual’s physical and mental health, productivity, absenteeism and turnover. Employee delight has to be managed in more than one way. This helps in retaining and nurturing the true believers “who can deliver value to the organization.