What Is Motivation Infographic

What Is Motivation And Why Is It So Important. The motivation equation. Vroom’s Expectancy Theory. Motivational Force equals Expectancy effort, i.e. will my effort lead to high performance. x instrumentality performance, i.e. will performance lead to outcomes. x valence rewards, i.e. do I find the outcomes desirable. The benefits of a motivated workforce. Quote. When engagement starts to decline, companies become vulnerable not only to a measurable drop in productivity but also to poorer customer service and greater rates of absenteeism and turnover. [1] Engaged motivated employees. are likely to go the extra mile. believe in their organization and its values. take fewer sick days. Disengaged employees may. be unproductive. be resistant to change. have low morale. have increased levels of absence. have little respect for their colleagues. It’s not just about the money. Money can be a motivator, but it’s not necessarily the biggest driver. Motivation drivers. Sixty seven percent, praise and commendation from manager. [2] Sixty three percent, attention from organizational leaders. Sixty two percent, opportunity to lead projects. Sixty percent, performance-based cash bonus. Fifty two percent, pay rise. Thirty five percent, stock options. Tips to motivate your team. Understand individual drivers. Communicate openly and honestly. Lead by example. Create meaningful challenges. Set inspiring team goals. Offer praise feedback and recognition. reward hard work, celebrate success.

References
1. Towers Watson, ‘Global Workforce Study: Engagement at Risk - Driving Strong Performance in a Volatile Global Environment’ (2012). Available at: https://www.towerswatson.com/en-GB/Insights/IC-Types/Survey-Research-Results/2012/07/2012-Towers-Watson-Global-Workforce-Study (accessed 17 December 2014).
2. Martin Dewhurst, ‘Motivating People: Getting Beyond Money’, McKinsey Quarterly (November 2009). Available at: http://www.mckinsey.com/insights/organization/motivating_people_getting_beyond_money (accessed 17 December 2014).

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