Motivation Theories

and their applications in real life

Click to edit Master subtitle style OB Group represented by: Name Roll No Abhishek Bishnoi 2 Priyanka Bhattacharjee 71 Kanwaljit Singh 37 Dipika Biswas 31 Narinder Jeet Kaur 55 4/7/12 CS Bagga 26

Interplay of various Motivation Theories

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Abhishek Bishnoi

Interplay of various Motivation Theories In actual practice, it may not be a single

theory or concept that is in play at any given moment of time. There may be a combination at work, thereby suggesting that the theories are supplementary to each other Let us have a look at a few examples:

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Practice at Covidien India

A Top-10 Global US Healthcare MNC, with over $11 Billion revenues, having presence in over 150 countries and over 43000 employees worldwide.

The commonest tool utilized for motivating sales personnel

is incentives, which normally takes into consideration the numbers achieved and is rewarded by additional money.

At Covidien India, we follow the same but with quality Add-

Ons before and after the above notation.

To understand better, allow us to take you through the entire

process through a snapshot.

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CS Bagga Roll

S M A R T Goals
are set (per employee) at the beginning of the year in consultation with the employee Specific Goal is very clearly communicated
Measurable Definite numbers are assigned Attainable The number is achievable with a little stretch (~ 30% jump) Realistic Both the manager and employee feel that it is achievable. Timely Quarterly appraisal and rewards program

Goal Setting + Self Efficacy Theory Non Achievers

Development needs explored and corrective measures undertaken

Q1 Target Achieved Q2 Target Achieved Q3 Target Achieved Q4 Target Achieved

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Reinforcement Theory

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Expectancy Theory

May also get additional responsibility or promotion

North Eastern Electric Power Corporation (NEEPCO)

A Public Sector Enterprise under the Ministry of Power, Govt. of India, NEEPCO deals with conceptualization, construction, commissioning, operation and maintenance of hydro and thermal power projects in the North Eastern Region of India.

New system of Annual Performance Related Pay to achievement of the be introduced in the Organization based on the Organization this year ranking by the Department of Public Enterprise, GOI onwards, which will depend on two components in the Organization is based on The present system only one component - the achievement of the Department
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grades obtained in employees annual appraisal

Priyanka Bhattacharjee

The new system is meant to enhance to personal development of the employee, as it rewards individual contribution to the Organization, as well as team work the Department achieves the goals set for it by the Management and the Ministry of Power. Example
2 Another example of motivation in terms of pay is provided for all the employees working in remote and far-flung areas in our Project sites in the North East. The incentive is termed as Far-Flung allowance, which amounts to 10% of the Basic salary. Theory of Motivation: Expectancy Theory of Motivation
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Types of content Hierarchy of needs theories: theory

ERG theory Two-factor theory

Hierarchy of needs
Maslow's hierarchy of needs theory states that theory people have a pyramid hierarchy of needs that they will satisfy from bottom to top. Starting from mere physiological subsistence the Maslow hierarchy of needs covers belonging to a social circle to pursuing your talent through 4/7/12 self-actualization. Important to the hierarchy of Narinderjeet Kaur

ERG Theory:
Growth needs Company has well recognition of potential having by the different people and reward accordingly. Company create the environment development of competence. Provide the long service awards annually. Relatedness needs Company has various get together for maintain the

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Two Factor Theory:

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My Company, IMS, fulfills both hygiene and motivator factors which is described in below table:
Hygiene Factors
Healthy wok environment and company policies Feelings of job security Quality of inter-personal relations

Motivator Factors
Provide sense of sufficient responsibility Challenging / stimulating work Sense of personal achievement & personal growth in a job

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Thank you
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