INSPIRING EMPLOYEES

THROUGH INCENTIVE

PROGRAMS

Calista Lai

Bachelor's thesis

February 2009

School of Business Operations

JYVГ„SKYLГ„ COLLEGE OR UNIVERSITY OF APPLIED SCIENCES

DESCRIPTION

Date

06. 02. 2009

Author(s)

Type of Distribution

LAI, Calista

BachelorВґs Thesis

Pages

Terminology

52

The english language

Confidential

Until_____________

Title

MOTIVATING EMPLOYEES THROUGH INCENTIVE COURSES

Degree System

International Organization

Tutor(s)

SAUKKONEN, Juha

Given by

Fuzy

Motivated personnel are the cornerstone of any kind of successful business. The aims of this research are to check out the motivational factors as well as the effectiveness of the incentive applications pertaining to function motivation.

The thesis includes two primary components: assumptive and exploration. The initially part is a theoretical construction, which looks at the various determination theories as well as the different types of incentives. Info for the theoretical backdrop was accumulated from journals, books and internet resources. For the empirical examine, a mixed-method research approach was chosen to gather your data. The study was carried out using a questionnaire administered online and the investigation population consisted of 378 white-collar workers in Singapore.

The results from the analysis showed that incentives do have a very good motivational probability of influence the employees' determination to function harder. Three most encouraging factors highly valued by employees are sociable relationship, place of work environment and interesting function, all of which have the prospect to inspire employees for higher amounts. For long term motivation, job related factors such as meaningful work, versatile working several hours and friendly social signals were found to be effective motivators while, however, it was found that monetary, interpersonal gatherings, concrete items just like award, records and presents are the most reliable motivators to get the short-term.

Keywords

Employee motivation, bonuses, rewards, hrm, Singapore Assorted

1

MATERIAL

1 INTRODUCTION................................................................................................. 3 1 ) 1 Analysis Questions........................................................................................... some 1 . a couple of Research Methodology..................................................................................... 4 1 ) 3 Presumptions and Constraints of the Analyze........................................................ 5 a couple of THEORIES OF MOTIVATION.......................................................................... six 2 . one particular Content Ideas............................................................................................... 6 2 . 1 . 1 Hierarchy of Needs..................................................................................... six 2 . 1 ) 2 ERG Theory............................................................................................... almost eight 2 . 1 . 3 Two Factor Approach................................................................................. 9 2 . 2 Process Theories............................................................................................. 12 2 . 2 . 1 Expectations Theory................................................................................... 10 2 . 2 . 2 Value Theory.......................................................................................... 11 2 . three or more Behavior Modification.................................................................................... 11 a few THEORETICAL PLATFORM..................................................................... 12 3. 1 Determination and Work Performance..................................................................... 12 3. 2 Intrinsic and Extrinsic Inspiration................................................................... 13 3. 3 Incentives as a Mindset Tool...

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Appendix 1: Questionnaire Cover Letter

December 12-15, 2008

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