Question

Is it worth for companies to invest on employee motivation?Explain your answer

250 word limit

Answer 1

When companies invest on employees' motivation, then it encourages employees to dedicate their efforts and deliver their best performance. It helps organization achieve its goals and deliver results on different parameters. It shows that it is worth to invest upon employees' motivation, because it brings more revenues to the organization, than the cost, incurred to the organization. Besides, when work on employees' motivation is done, then  employees' needs are connected with the rewards and incentives. These needs are fulfilled when a target is achieved and it creates motivation among the employees. Here, the management and leadership should focus carefully while linking needs with the incentives. For example, at entry level, employees are driven by physiological and safety needs, but employees at higher level, are driven by self actualization needs. Accordingly different types of monetary and non-monetary rewards are linked. It makes creation of good motivation to the employees at different levels.

Besides, when employees are motivated, then engagement level increases and turnover ratio in the organization also decreases. As a result, cost of recruitment and training also comes down. Hence, the investment upon the employees' motivation has multi-dimensional benefits to the organization. It may incur some costs, but gives benefits of many folds.