Motivational Tools for Employees to Improve Productivity

Motivation is an important tool for improving productivity. There are two motivational tools, such as;

1. Financial motivation
2. Non-financial motivation

Financial motivational tools

Financial motivation gives employees financial support. These are as follows:

1. Bonus & incentives: Bonus is a kind of incentive given to employees who are different types on the basis of performance.

2. Allowance: Allowance is given an amount or sum allowed, especially regularly for a stated purpose.

3. Transportation facilities: By providing transportation facilities organizations can motivate employees.

4. Medical allowance: By providing medical facilities organizations can motivate employees.

5. Accommodation facilities: Organization provides accommodation facilities for motivating employees.

6. Educational grant: By providing educational grants organizations can motivate employees.

7. Insurance: Organizations can provide group family insurance and individual insurance for motivating employees.

8. Provident fund: Organizations can make a provident fund to motivate employees that can reduce their post-retirement insecurity.

9. Gratuity: Gratuity can improve, the productivity of employees by getting a handsome amount from the organization

10. Promotion: On the basis of employee performance organizations upgrade employee work positions.

Non-financial motivational tools

The organization can motivate an employee by providing non-financial motivational tools such, as:

1. Participation in decision-making: Organizations should allow their employee to participate in the decision-making process. It’s an important motivational tool.

2. Reward: Reward is another motivational tool for pate in employee satisfaction.

3. Empowerment: Listen to what an employee wants to say and use their ideas,

4. Trade union facilities: It is another important motivational tool for ensuring employee rights.

5. Job security: The most important motivational tool is job security. By providing job security to the employee organization can achieve its goals.

6. Safety: Employees will be motivated if they are provided safety by the organization.

7. Recreation: By providing recreation facilities organizations can motivate employees.

8. Enhance career development: Use training and development activities as a tool for employees to rely on the next steps.

9. Job rotation: Through rotation, employees become efficient in different tasks of the organization.

10. Job satisfaction: By ensuring job satisfaction organizations can motivate their employees.

11. Training: Training makes the employee more efficient. The organization motivates employees by providing them with on-the-job and off-the-job training.

12. Status: Organization can help the employee to increase their career and family status.

13. Recognition: By providing recognition on the basis of employee performance, an organization can motivate its employees.

These are the financial and non-financial motivational tools. The organization can use these tools for motivating its employees.

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