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Type: HR, Report if not a HR topic
Hello Ram,
That was a great insight. Thanks for sharing.
If you treat work as hobby then money is not the motivating factor. I know people here, some friends of mine who work for more than 15 hours a day and are happy. Not everyone is in investment banking, in fact one friend heads a Major retail chain and he is quite happy working what he is doing and he says he was like this from the day he started working. So, its not seniority that matters but the attitude that counts...
Hello Arsha
When i said money isnt important , i didnt mean to say that you work for free. Yes, you do need monetary gratification. But if you get that in par with other organisations then the other factors influence. The only situation where you work despite not getting any income is when you start your own firm. When i started my firm, there was only one way the money would go.. out... And it was that way for a year... yes, if your passion for the concept and the work you do is great then you do start off without any financial incentive. Remember entrepreneurship is about delayed gratification. There your passion for the job, the work you do drives you. You cannot expect the same passion to keep you going for a year when you dont get paid. I think i should have clarified that bit... Hope this clarifies it
Hello Arsha
When i said money isnt important , i didnt mean to say that you work for ... See Ram's complete reply
yes, agreed all my friends are very financially secure but then what you need to realise is when your income goes up your needs also go up and you have to live that lifestyle. One or two holidays with the family would cost close to £10,000. Then you have other issues. You cant drive a small car, you go for a merc atleast or a bentley which means your expenses on that front increase too.. To cut a long story short.. Security is only an illusion. If you are good at what you are and continue doing it excellently, you will get noticed.. Not a filmi dialogue...If you love talking you can make money on that.. Oprah winfrey did... If you like playing you can make money on that - Tiger woods, Sachin.. If you like driving you can make a fortune- Schumi, hamilton.. The problem is we are all conditioned by our parents and in some ways we live their dreams. Did you really want to be a HR person or was it planned that way. if it was planned then you would like what you are doing and that will help you shine through. When i started working as a R&D engineer 20 years back, the company i worked for had a major strike, i wasnt part of labor union, nor was i an exec.. so, i didnt get paid for 5 months...That didnt shake my faith in my ability to do the job as i loved doing what i did...
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Factors Affecting Employee Productivity - Pls. Contribute Your IDEAS
Type: HR, Report if not a HR topic
Posted 18-09-2008Reply
Dear All,
I found a small research and found what would motivate employees.
Though it was my major project in my MBA. I wanted it to experience it and find out all the factors that could motivate an employee and bring the ULTIMATE productivity.
Some of the Factors are:
1) Money
2) Environment
3) HR Policies
4) Flexible working hours
5) Appreciation
6) Incentives/Bonus
7) An encouraging Team Lead
8) Understanding Management
9) Adequate Resources
Please contribute your ideas as to what would make an employee producitve and retain the talents...
Regards,
Arsha
I would add:
Natural interest / Passion:
If a person is inherently interested in and have a strong passion, love, or kick for the job or work, that would result in productivity, creativity, and smart work!
The key is to find employees whose passion matches with the work or job you provide.
Here is an old saying: "If you like what you do, you never have to work a day in your life"
My two cents :)
Natural interest / Passion:
If a person is inherently interested in and have a strong passion, love, or kick for the job or work, that would result in productivity, creativity, and smart work!
The key is to find employees whose passion matches with the work or job you provide.
Here is an old saying: "If you like what you do, you never have to work a day in your life"
My two cents :)
Hello Arsha
factors in constultant speak has been christened engagement. If you look at yourself, you are engaged with any thing you do because of a combination of one or all of the three factors given below.
Financial engagement
Intellectual engagement
Emotional engagement
Financial is about your perks, money, bonus, rewards, recognition etc
Intellectual is about the challenge the role or the organisation offers to you. It could be by way of solving problems, or opportunity to learn and grow, gain a better understanding of the bigger picture and so on.
Emotional is about the people who you work with, the brand value of the organisation, bonding with the team , confidence in leadership and so on. Companies that contribute or give back to the society through charity or other channels for societal upliftment fuels emotional engagement.
There is only one rule that one has to remember. An employee decides his or her level of engagement depending on the their lifestyle and their overall aspirations even before they walk through the doors of the organisation. I have seen that financial engagement is the fundamental motivator. As people grow in the organisation depending on the organisations profile and their individual leadership style the balance between emotional and intellectual engagement varies.
factors in constultant speak has been christened engagement. If you look at yourself, you are engaged with any thing you do because of a combination of one or all of the three factors given below.
Financial engagement
Intellectual engagement
Emotional engagement
Financial is about your perks, money, bonus, rewards, recognition etc
Intellectual is about the challenge the role or the organisation offers to you. It could be by way of solving problems, or opportunity to learn and grow, gain a better understanding of the bigger picture and so on.
Emotional is about the people who you work with, the brand value of the organisation, bonding with the team , confidence in leadership and so on. Companies that contribute or give back to the society through charity or other channels for societal upliftment fuels emotional engagement.
There is only one rule that one has to remember. An employee decides his or her level of engagement depending on the their lifestyle and their overall aspirations even before they walk through the doors of the organisation. I have seen that financial engagement is the fundamental motivator. As people grow in the organisation depending on the organisations profile and their individual leadership style the balance between emotional and intellectual engagement varies.
Hello Arsha
factors in constultant speak has been christened engagement. If you look ... See Ram's complete reply
factors in constultant speak has been christened engagement. If you look ... See Ram's complete reply
Hello Ram,
That was a great insight. Thanks for sharing.
Very True, Ram that was brilliant...and Ramakrishna thanks for ur view...will a employee work under ... See Arsha's complete reply
If you treat work as hobby then money is not the motivating factor. I know people here, some friends of mine who work for more than 15 hours a day and are happy. Not everyone is in investment banking, in fact one friend heads a Major retail chain and he is quite happy working what he is doing and he says he was like this from the day he started working. So, its not seniority that matters but the attitude that counts...
Hello Ram,
If you say, MONEY is not a motivating factor then u r absolutely wrong... I believe all ur friends are being paid more than wat they are to be paid. In our company, we are paid much less than wht it should have been and still we are working more than 12 hours per day..Its been nearly 2 months we are paid our salary and eventually the productivity has come down owing to lot of commitments.
Would you mind working in a company who is not payin u more than 3 months and still be motivated????
And do think practically!! in this world today without money you cant survive...!!!!
If you say, MONEY is not a motivating factor then u r absolutely wrong... I believe all ur friends are being paid more than wat they are to be paid. In our company, we are paid much less than wht it should have been and still we are working more than 12 hours per day..Its been nearly 2 months we are paid our salary and eventually the productivity has come down owing to lot of commitments.
Would you mind working in a company who is not payin u more than 3 months and still be motivated????
And do think practically!! in this world today without money you cant survive...!!!!
Hello Ram,
If you say, MONEY is not a motivating factor then u r absolutely wrong... ... See Arsha's complete reply
If you say, MONEY is not a motivating factor then u r absolutely wrong... ... See Arsha's complete reply
Hello Arsha
When i said money isnt important , i didnt mean to say that you work for free. Yes, you do need monetary gratification. But if you get that in par with other organisations then the other factors influence. The only situation where you work despite not getting any income is when you start your own firm. When i started my firm, there was only one way the money would go.. out... And it was that way for a year... yes, if your passion for the concept and the work you do is great then you do start off without any financial incentive. Remember entrepreneurship is about delayed gratification. There your passion for the job, the work you do drives you. You cannot expect the same passion to keep you going for a year when you dont get paid. I think i should have clarified that bit... Hope this clarifies it
Hello Ram,
If you say, MONEY is not a motivating factor then u r absolutely wrong... ... See Arsha's complete reply
If you say, MONEY is not a motivating factor then u r absolutely wrong... ... See Arsha's complete reply
Hello Arsha
When i said money isnt important , i didnt mean to say that you work for ... See Ram's complete reply
yes, agreed all my friends are very financially secure but then what you need to realise is when your income goes up your needs also go up and you have to live that lifestyle. One or two holidays with the family would cost close to £10,000. Then you have other issues. You cant drive a small car, you go for a merc atleast or a bentley which means your expenses on that front increase too.. To cut a long story short.. Security is only an illusion. If you are good at what you are and continue doing it excellently, you will get noticed.. Not a filmi dialogue...If you love talking you can make money on that.. Oprah winfrey did... If you like playing you can make money on that - Tiger woods, Sachin.. If you like driving you can make a fortune- Schumi, hamilton.. The problem is we are all conditioned by our parents and in some ways we live their dreams. Did you really want to be a HR person or was it planned that way. if it was planned then you would like what you are doing and that will help you shine through. When i started working as a R&D engineer 20 years back, the company i worked for had a major strike, i wasnt part of labor union, nor was i an exec.. so, i didnt get paid for 5 months...That didnt shake my faith in my ability to do the job as i loved doing what i did...
I may not have seen all the responses but I did notice that no one mentioned Employee Health!!!
I think Employee Health is a key factor in impacting productivity in the work place. Absenteeism and Presenteeism due to illness - physical, mental and/or emotional play a critical role in productivity. There is enough research available today on this.
What about focus on this particular issue? I think business leaders and businesses in general (in India) do not give this issue the priority that it deserves.
I'm open to discuss this with anyone on the forum.
Cheers!
I think Employee Health is a key factor in impacting productivity in the work place. Absenteeism and Presenteeism due to illness - physical, mental and/or emotional play a critical role in productivity. There is enough research available today on this.
What about focus on this particular issue? I think business leaders and businesses in general (in India) do not give this issue the priority that it deserves.
I'm open to discuss this with anyone on the forum.
Cheers!
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