The Identification Of Key Factors That Influence The Levels Of Motivation Of Employees In An Organization (Topic 6)
A Research and Analysis Project for the BSc. [Hons] in Applied Accounting
Name of Student: Andre Adimoolah
ACCA Registration # : 1119620
Date: 13th March 2009
Number of Words: 5,630
Acknowledgement and Thanks:
This project would not have existed today if it had not been for the following persons that I would like to thank:
← My family, teachers, friends, and anyone who have contributed to the success of this project.
← The management and staff of Methanol Holdings (Trinidad) Limited (MHTL) for their valuable contribution by providing the necessary data as received.
← My mentor, Mr. Derryck Dhanoosingh, for his dedication, time and advice given throughout the project.
← Most importantly God who invested in me the time, ability and determination to get this project done, to Him I give credit and since this is accountancy I give debit as well. (
TABLE OF CONTENTS
1. Introduction 5
1. Reason for Choosing the Topic5
2. Context of the Topic5
2. Information Gathering8
1. Motivation Overview8
2. Motivation Theories9
3. Data Collection Procedures11
3. Analysis of Findings12
1. General Analysis12
2. Determining the Factors/ Indicators that motivate employees in the organisation Analysis 15
1. Salary, Wages and Other Benefits15
2. Status/ Position and Job Security17
3. Training and Promotion19
4. Performance 23
7. Recognition within the organisation31
8. Factors which respondents felt would contribute to Motivating them at work33
Appendix 1- Employee Motivation Questionnaire37
Appendix 2- Questionnaire Results38
References and Bibliography39
5. Key Skills Statement40
1. Meeting One40
2. Meeting Two 42
3. Meeting Three 44
Appendix 3- Power Point Presentation45
Appendix 4- Summary of Presentation46
THE RESEARCH AND ANALYSIS PROJECT REPORT
In the world of work, there must be something that fuels success in any business and in many cases this is motivation. According to Robbins (2003) motivation is the processes that account for an individual’s intensity, direction, and persistence of effort toward attaining a goal.
1. REASON FOR CHOOSING TOPIC:
This project, “The identification of key factors that influence the levels of motivation of employees in an organisation” was chosen because of the important role that motivation plays in the workplace.
2. CONTEXT OF THE TOPIC:
Employee motivation is crucially important in obtaining any company’s goals and objectives. Employee commitment to their jobs and high emotional loyalty to their organisation directly influence the organisation’s performance and indeed its achievement.
In considering the issue of motivation with reference to the business organization, these three theories were focused on:
1. Abraham Maslow’s Hierarchy of Needs
2. Frederick Herzberg’s Motivational Theory
3. David McClelland’s Motivational Needs Theory
In order to test the application of these motivational theories, the operations of Methanol Holdings (Trinidad) Limited (MHTL) were studied for this project. MHTL was also chosen because of its long-standing reputation, its level of...