How to Motivate employees
MANAGEMENT DEVELOPMENT INSTITUTE OF SINGAPORE IN TASHKENT (MDIST)
ASSIGNMENT SUBMISSION COVER SHEET
Course : Foundation Year
Module : Introduction to Business and Management
Lecturer : Ms. Sana
Assignment Type : Group
Due Date : 22 March, 2014
S/N
Student Name (As reflected in Passport)
ID Number
Student Signature
1
Akramov Daston
B1300459
2
Mirzaakhmedov Mokhirjon
B1300417
3
Ozodov Umidjon
B1300630
4
Yaminov Mumtozkhon
B1300450
Submitted on Due Date (Yes/No) : Yes
Word Count : 1614
Table of Contents
Introduction 3
1. Motivation plans 4
1.1 Achieving high job satisfaction 4
1.2 Reducing employee turn-around 4
1.3 Improving high productivity 5
1.4 Reaching high-quality work 5
2. Methods of motivating all employees 6
2.1 Happy environment 6
2.2 Give a praise in public 6
3. Three ways to motivate the minimum wage 7
3.1 Rewards 7
3.2 Promotion 7
3.3 Make Them Feel Special 7
4. Teamwork and individualism 8
4.1 Working in a Team 8
4.2 Benefits of Individualism 8
5. Improving company’s growth and profit 9
5.1 Increasing productivity of company 9
5.2 Increasing profitability of company 9
Conclusion 10
References 11
Introduction
A “Dark Horse” company was founded in 1994, which is well known for manufacturing tires in Uzbekistan for local cars. The company produces low prized tires which is more affordable for citizens. However organization is facing high competitiveness in the local market, moreover, the problems concerned with the location of the company which is far from the city center, as a result, it has high turnover rate. “Dark Horse” company contains 50 employees, 5 of them works in Administration, 7 in Sales, other 38 employees work in Production.
1. Motivation plans
The key factor of success in today’s business is employee’s performance because, their working quality designates business improvement. However, making workers motivated is not easy for organization. Money does not only key, therefore, employees should have many
ASSIGNMENT SUBMISSION COVER SHEET
Course : Foundation Year
Module : Introduction to Business and Management
Lecturer : Ms. Sana
Assignment Type : Group
Due Date : 22 March, 2014
S/N
Student Name (As reflected in Passport)
ID Number
Student Signature
1
Akramov Daston
B1300459
2
Mirzaakhmedov Mokhirjon
B1300417
3
Ozodov Umidjon
B1300630
4
Yaminov Mumtozkhon
B1300450
Submitted on Due Date (Yes/No) : Yes
Word Count : 1614
Table of Contents
Introduction 3
1. Motivation plans 4
1.1 Achieving high job satisfaction 4
1.2 Reducing employee turn-around 4
1.3 Improving high productivity 5
1.4 Reaching high-quality work 5
2. Methods of motivating all employees 6
2.1 Happy environment 6
2.2 Give a praise in public 6
3. Three ways to motivate the minimum wage 7
3.1 Rewards 7
3.2 Promotion 7
3.3 Make Them Feel Special 7
4. Teamwork and individualism 8
4.1 Working in a Team 8
4.2 Benefits of Individualism 8
5. Improving company’s growth and profit 9
5.1 Increasing productivity of company 9
5.2 Increasing profitability of company 9
Conclusion 10
References 11
Introduction
A “Dark Horse” company was founded in 1994, which is well known for manufacturing tires in Uzbekistan for local cars. The company produces low prized tires which is more affordable for citizens. However organization is facing high competitiveness in the local market, moreover, the problems concerned with the location of the company which is far from the city center, as a result, it has high turnover rate. “Dark Horse” company contains 50 employees, 5 of them works in Administration, 7 in Sales, other 38 employees work in Production.
1. Motivation plans
The key factor of success in today’s business is employee’s performance because, their working quality designates business improvement. However, making workers motivated is not easy for organization. Money does not only key, therefore, employees should have many
References: 1. Australian School of Business (September 21, 2010) Productivity: How to Make Companies Work Smarter. Available at: http://knowledge.asb.unsw.edu.au/article.cfm?articleid=1218#top [Accessed 1st March, 2014] 2 3. C. H. Tan, D. Torrington. (2014) Human Resource Management in Asia. 3rd ed. Pearson. pp-139-145 4 5. D. Torrington, L. Hall, S. Taylor, C. Atkinson, (2011) Human Resource Management. 8th ed. Pearson. pp-335-341 6 7. Eric Friedman (February 28, 2013) 5 Ways to Improve Your Employee’s Quality of Work & Life. Available at: http://www.blogging4jobs.com/hr/5-ways-improve-employees-quality-of-work-life/ [Accessed 1st March, 2014] 8 9. Jennifer Leahy (February 27, 2012) 4 Reasons For High Employee Turnover. Available at: http://www.insperity.com/blog/4-reasons-for-high-employee-turnover/ [Accessed 27th February, 2014] 10 13. Nicole Allard, Q, Krystle, Jack Herrick and 11 others (2012) How to Reduce Employee Turnover. Available at: http://www.wikihow.com/Reduce-Employee-Turnover [Accessed 28th February, 2014] 14 15. Stan Mack (2013) How to Motivate Employees to Take Pride in the Quality of Their Work. Demand Media. Available at: http://smallbusiness.chron.com/motivate-employees-pride-quality-work-26016.html [Accessed 2nd March, 2014] 16