Why motivation matters
Motivated employees can improve productivity, quality, attendance and retention.
CAIE IGCSE Business 0264 - Paper 2
Why it’s here: Why motivation matters and the financial and non-financial methods businesses use.
The main ideas to know for 2.4 Motivating employees.
Motivated employees can improve productivity, quality, attendance and retention.
Wages, salaries, bonuses, commission and profit sharing reward employees with money.
Job rotation, enrichment, teamwork and recognition can raise satisfaction.
Managers use ideas about employee needs to select suitable incentives.
1(b) Consider the following two benefits for TSE of having a well-motivated workforce. Which benefit is likely to be the most important to TSE? Justify your answer. [12] Reduced absenteeism :
Lower labour turnover :
Conclusion:
1(b) Consider each of the following three methods PF could use to motivate its employees. Which method should PF use? Justify your answer. [12] Paying bonuses :
Piece‑rate :
Job rotation:
Recommendation:
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