Employee Motivation
Contents
BACKGROUND OF THE COMPANY 2
History of Genting Highlands 3
Content 4
Maslow’s hierarchy of needs 5 Physiological Needs 5 Safety needs 6 Esteem 8 Convenience 8
McClelland’s acquired needs theory 9
Pros of Employee Motivation 10 Self-Esteem 10 Health 10 Recognition 10 Safety 10
Cons of Motivating Staff 10 Will Not Last and Employees become greedy 10 Over competitive 11 Job description oriented 11 Over dependence 11
Recommendation 12 Remove Demotivators 12 Pinpoint each employee’s personality. 12
Conclusion 13
Reference 13
BACKGROUND OF THE COMPANY
The Genting Group is Malaysia’s leading multinational corporation and one of Asia’s best-managed companies. The Group has over 35,000 employees, 4,500 hectares of prime resort land and about 133,000 hectares of plantation land. The Genting Group is the collective name for Genting Berhad and its subsidiaries, and comprises the following four listed entities with a combined market capitalisation of about RM87.9 billion (US$27.6 billion). (* as at 31 July 2010)
| (exchange rate: Approx US$ 1= RM3.18*) |
The Genting Group was founded in 1965 by the late Tan Sri (Dr.) Lim Goh Tong with the development of a beautiful highlands resort in Malaysia named Resorts World Genting (formerly known as Genting Highlands Resort). Located at 2,000 meters above sea level and 58 kilometers from Kuala Lumpur, Resorts World Genting is now one of the world’s leading integrated entertainment resorts, attracting 19.5 million visitors in 2009 (see History for further details). Under the leadership of Tan Sri Lim KokThay, the Genting Group continues to grow from strength to strength. His commitment to excellence, innovation and growth has resulted in the birth of premier global brand names.
Genting Berhad is the investment holding and management company of the Genting Group. The principal activities of the Group are leisure & hospitality, power generation, oil palm plantation, property development and oil &
BACKGROUND OF THE COMPANY 2
History of Genting Highlands 3
Content 4
Maslow’s hierarchy of needs 5 Physiological Needs 5 Safety needs 6 Esteem 8 Convenience 8
McClelland’s acquired needs theory 9
Pros of Employee Motivation 10 Self-Esteem 10 Health 10 Recognition 10 Safety 10
Cons of Motivating Staff 10 Will Not Last and Employees become greedy 10 Over competitive 11 Job description oriented 11 Over dependence 11
Recommendation 12 Remove Demotivators 12 Pinpoint each employee’s personality. 12
Conclusion 13
Reference 13
BACKGROUND OF THE COMPANY
The Genting Group is Malaysia’s leading multinational corporation and one of Asia’s best-managed companies. The Group has over 35,000 employees, 4,500 hectares of prime resort land and about 133,000 hectares of plantation land. The Genting Group is the collective name for Genting Berhad and its subsidiaries, and comprises the following four listed entities with a combined market capitalisation of about RM87.9 billion (US$27.6 billion). (* as at 31 July 2010)
| (exchange rate: Approx US$ 1= RM3.18*) |
The Genting Group was founded in 1965 by the late Tan Sri (Dr.) Lim Goh Tong with the development of a beautiful highlands resort in Malaysia named Resorts World Genting (formerly known as Genting Highlands Resort). Located at 2,000 meters above sea level and 58 kilometers from Kuala Lumpur, Resorts World Genting is now one of the world’s leading integrated entertainment resorts, attracting 19.5 million visitors in 2009 (see History for further details). Under the leadership of Tan Sri Lim KokThay, the Genting Group continues to grow from strength to strength. His commitment to excellence, innovation and growth has resulted in the birth of premier global brand names.
Genting Berhad is the investment holding and management company of the Genting Group. The principal activities of the Group are leisure & hospitality, power generation, oil palm plantation, property development and oil &