ASHFORD ABS 415 Week 3 Assignment Employee Motivation

May 1st, 2015
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ASHFORD ABS 415 Week 3 Assignment Employee Motivation

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Employee MotivationABS 415 Leadership & Ethics in a Changing WorldMotivation, by its very definition, insinuates that there is a goal to be reached and thus a need to be met. This need can be either internal or external depending on any number of factors. What motivates one individual to work harder may not motivate another. This is especially true when looking outside the realm of survival based needs and motivations. There are several motivational theories based on the presence of needs. These include Maslows hierarchy of needs and McClellands acquired-needs theory. (Bauer & Erdogan, 2009) All of these relate to the study of employee motivation, which is what this paper is discussing.While there are many things a company can offer as motivation, money seems to be the ever popular choice. Monetary reward systems are usually put into place without much thought, as they seem simple and straightforward. A monetary reward system can be anything from one individual receiving a quarterly bonus for exceeding a sales quota to a whole company receiving an extra thousand dollars in their weekly paychecks for collectively doing well. Those in favor of monetary reward systems would argue that money is the great motivator and a panacea for the underperforming department or company. This is true, to a point. Money may provide a little extra motivation to the underachievers in a company; this resulting in higher rates of production for the company and higher inco

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