Week 8 DiscussionCOLLAPSE
Incentives and Motivation
Financial incentives are good ways to recognize your workforce, but they do not always lead to greater productivity. As this week’s materials indicate, many of the most productive employees have an intrinsic drive that compels them to achieve more.
- How do you recognize and support employees with an “intrinsic drive” to high performance?
- In your opinion, is an “intrinsic drive” a natural trait, or is it something that can be created or developed?
- What is the difference between rewarding an employee and motivating them?
Post your initial response by Wednesday, midnight of your timezone, and reply to at least 2 of your classmates’ initial posts by Sunday, midnight of your timezone.
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JWI 521 – Week 8 Lecture Notes (1192) Page 1 of 5
JWI 521
Recruit, Develop, Assess, Reward, Retain
Week Eight Lecture Notes
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copied, further distributed, or otherwise disclosed, in whole or in part, without the expressed written permission of Strayer University.
JWI 521 – Week 8 Lecture Notes (1192) Page 2 of 5
MOTIVATION AND ENGAGEMENT
What it Means
What motivates employees to do their best work? What encourages them to stay with your company? Some
employees are motivated by a passion for this particular work, while others stay for the compensation and
benefits that enable them to support their families. Many professionals are strongly motivated by job content
and workplace factors, such as challenging projects, professional development opportunities, or recognition.
Strategies to drive engagement are built around factors that make employees feel valued and emotionally
connected to their work. These strategies must take into account the wide range of motivational factors that
affect employees across your company.
Why it Matters
• Employee motivation is affected by a complex mix of financial and non-financial factors
• To design effective engagement tools, HR needs a deep understanding of employee motivation
• Employee morale and engagement can be positively impacted without major expense
“Work consumes at least one-third of your
life, and half your waking hours. It can and
ought to be more than a means to an end.”
Laszlo Bock
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copied, further distributed, or otherwise disclosed, in whole or in part, without the expressed written permission of Strayer University.
JWI 521 – Week 8 Lecture Notes (1192) Page 3 of 5
MOTIVATING PEOPLE
Intrinsic Motivation
Intrinsic motivation is demonstrated when a person works more for the love of their job than for the money
they receive. People who have a job that feeds their passion can make a living from an activity they find
inherently satisfying. They are not just working to pay the bills. As you might expect, people more commonly
find intrinsic motivation in careers that involve high levels of skill and creativity, aspects that increase a
person’s absorption in their work. For these people, job content rewards, such as new responsibilities or
challenges, are highly effective incentives.
Extrinsic Motivation
Employers provide extrinsic motivation when they offer pay and benefits designed to appeal to employees. A
worker motivated by extrinsic factors may be doing the job mainly for the money and other benefits. This
does not mean that people in high-paying jobs lack intrinsic motivation, but that extrinsic motivation in terms
of pay and benefits may be enough to keep them working at a job, even if they do not find it very satisfying
on a personal level. For these people, finding ways to increase their engagement at work is beneficial
because it will increase their motivation to stay, as well as their ability to be productive.
Rewards at Work
Financial rewards and improved benefits are powerful motivators, but they can be slow to administer, since
they are usually linked to the annual performance review cycle. Depending on the company’s finances at any
given time, not all employees will receive pay increases and benefits at the level that they would wish. Thus,
the impact of pay raises and other perks on employee morale is always a limited gain.
Job content rewards are not costly and they can be offered at any time, which makes it all the more
unfortunate that they are so often overlooked or underutilized. Such rewards are always available because,
as a manager or leader, you create your own supply of job content rewards. What does this mean? Consider
this: you can give feedback to one team member during their check-in meeting, and you can give feedback
to another team member in your next meeting as well. You can give your staff opportunities to participate in
decision-making or to take on new responsibilities today, and you can give them more opportunities
tomorrow. You do not need funds from your budget or permission from your boss to offer this type of reward.
You are limited only by your imagination and creativity.
Ironically, because people are so used to thinking that value comes from scarcity, the ready availability
of non-financial incentives, such as performance feedback and job content rewards, may be one reason why
managers and leaders do not use them enough. Yet, consistent use of these non-financial rewards can have
a significant positive impact on job satisfaction and morale in your workplace. An additional advantage of job
content rewards is that using them gives managers the power to improve employee performance, increase
retention, and identify and develop future leaders.
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copied, further distributed, or otherwise disclosed, in whole or in part, without the expressed written permission of Strayer University.
JWI 521 – Week 8 Lecture Notes (1192) Page 4 of 5
EMPLOYEE ENGAGEMENT STRATEGIES
Most successful strategies for driving engagement work by helping employees feel valued and emotionally
connected to their work. Whatever your company’s culture or budget, the following ideas can be used by HR,
and adapted to increase engagement in your organization.
Give Employees Autonomy
For many people, increased autonomy and responsibility in their jobs lead to higher levels of engagement.
Competent workers appreciate the respect that is implied when they are given a project and can decide
when and how to complete the required tasks. Most managers also prefer to have self-sufficient staff, yet
some managers struggle to give adequate autonomy to their employees. HR can help by offering training in
management skills, including how to delegate effectively.
Provide Training and Coaching
Creating a culture that fosters continuous development helps workers build new skills and communicates
that the company values its employees and believes in their potential. When training budgets are tight, there
are many low-cost options available, such as cross-training employees so that workers learn about other
people’s jobs,coaching of newer employees, and well-implemented professional development plans.
Listen to Employees
Effective leaders pay close attention to what workers have to say, and then act on the feedback. HR can
facilitate this process by bringing employee views to the attention of leaders and managers. For example,
replace the annual employee survey with quarterly or monthly pulse surveys. Modify the performance review
process to include interim meetings to check progress and enable feedback. A comprehensive approach to
listening helps a company pinpoint and quickly address problems, and it makes people feel valued.
Get Social
Engaged workers feel emotionally invested in their jobs. In today’s business environment, where teams are
increasingly important, closer connection to colleagues is a key ingredient. Sponsor social events, such as a
potluck lunch or trivia event. Employees will often contribute their own time or talent, and enjoy being
recognized for their contribution. Service projects also help workers cultivate closer relationships, and such
projects show employees that they are working for an organization that contributes to the wider community.
Recognize and Celebrate
Recognition is always welcome to the recipient, but, far too often, awards and bonuses are doled out with
little fanfare. HR should always celebrate such occasions and clearly broadcast the reasons for employee or
team recognition. This practice reinforces engagement by giving people a clearer idea of how they fit into the
mission of the company, and it highlights what kinds of behavior are rewarded in your company’s culture.
© Strayer University. All Rights Reserved. This document contains Strayer University confidential and proprietary information and may not be
copied, further distributed, or otherwise disclosed, in whole or in part, without the expressed written permission of Strayer University.
JWI 521 – Week 8 Lecture Notes (1192) Page 5 of 5
GETTING THE MOST OUT OF THIS WEEK’S CLASS
As you read the materials and participate in class activities, stay focused on the key learning outcomes for
the week:
• Define intrinsic motivation and extrinsic motivation
How many employees at your company are intrinsically motivated by the satisfaction they derive
from doing their work? How many employees are chiefly motivated by extrinsic factors such as
compensation and benefits? Now that you understand the concept of intrinsic versus extrinsic
motivation, how can this knowledge help you, as an HR professional, design better incentives and
engagement strategies for all sections of your company’s workforce?
• Compare the impact of financial and non-financial incentives
Do managers in your company understand the power of non-financial incentives? Are they making
good use of job content rewards, such as performance feedback, stretch assignments, and
autonomy? Does the performance review process include robust development planning for the
upcoming year, with follow-up meetings to check progress? Do managers give their A players
challenging opportunities to develop their leadership skills? Or do they focus on using financial
rewards to retain top talent? If so, how can HR help adjust the balance?
• Explore how to support and increase employee engagement
Take a look at your own organization’s employee engagement practices. Are managers trained
to give employees the autonomy they need to perform well? Do employees have regular
training and coaching opportunities, as well as occasions for social connection with their
colleagues? How does the company make sure that its employees have a voice that is heard
by leadership? Are recognition and awards managed in a way that supports employee
engagement, and reinforces the mission and values of the company?
