Comment this positively in few sentences? Motivating Employees through Compensat
ID: 434669 • Letter: C
Question
Comment this positively in few sentences?
Motivating Employees through Compensation and Benefits
Human resource managers have the duty to engage employees through workshops, seminars, and behavior analytics to gauge how to motivate them and improve overall productivity. Through such a collaborative approach, they can ask employees what motivates them and if they need the management to make any changes. It is imperative that the human resource department gets the feedback and tailor incentives in a way that reflect the wishes and needs of the workforce. The employees are an integral part in the corporate culture, mission, and vision of a company. Consequently, theyhave to be comprehensively and strategically incorporated in constructive discussions (Lazaroiu, 2015). Through analysis of employee behavior, discussions on social media, and body language, the managers can assess how best to incentivize their employees. However, the incentives chosen should be given on merit. For instance, long-serving employees should be considered first during promotions and retention while those who have excelled in assigned tasks could be given a salary raise and acknowledged through appropriate ways.
Some of the incentives that have worked for companies such as Coca-Cola and Wal-Mart are attractive remuneration, bonuses, work leave, health insurance, pension and retirement plans. Nevertheless, companies have different ways of doing business and what worked for one company may not necessarily work for another (Lazaroiu, 2015). Hence, the need to include employees in such discussions to know what will work for them. Raising a salary makes the employee to feel appreciated and even work harder to get recognized and exceed expectations. Bonuses are a way of saying, “thank you, you are part of the success (Yusof, Munap, Badrillah, Hamid & Khir, 2017). On the other hand, benefits such as leave allowance enable employees to reconnect with their families and loved ones. Moreover, pension and health covers mean the company is concerned about the health of employees and have a send-off package for them upon retirement (Yusof et al., 2017). Research demonstrates that the success of companies such as Coca-Cola is mainly because of employee motivation incentives such as attractive benefits, inclusion, timely communication, and appropriate rewards and praises for tasks completed in time or goals attained.
Explanation / Answer
Human resources are the vital resources in the organisation. They form the culture of the organisation. They are the integral part of the organisation. They participate in the vision and mission creation of the firm. Hence, it is required by the manager of the company they have been motivated time to time. This would enhance the company performance as well as their individual career goals. The Manager reviews time to time about their benefits, perks, packages, promotions etc. so that they feel more comfortable to work with the company. The development of the employee has been done financial, Intellectually, socially and personally. This in turn shows the company growth or added to the company culture.
The human resources efforts would be enhanced by the help of renumeration, bonuses, work leave, health policies, pensions and retirement plans. The employees should be mentally fit from other sides than he performs extraordinary. His efficiency would be maximised when he is stress free. The stability towards the organisation would be increase in the working years numbers.
This finally helps to achieve the goal of the company and double the success rate.