Abstract

Employees are a company’s greatest asset. Investing in the employee to ensure optimal productivity and loyalty can help save the company much more on the bottom line. In order to invest in the employees, companies need to start by investing in management to make sure they understand how to properly motivate. Motivation can make or break an employee’s experience with a company and ultimately make or break the financial statements as well. When an employee is unmotivated, they are unproductive and more likely to look for work elsewhere. If this employee leaves, the costs to replace them are incredibly high, but more importantly avoidable. In some industries it has been noted that the cost of employee turnover is four times greater than their annual profits. 

            All of these factors are results of motivation in the work place. Educating managers on the positive and negative effects of motivation and then establishing plans to increase motivation can impact an organization for the better. Different plans may include incentives, allowances, increased responsibilities, or autonomy in the workplace to increase the individuals motivation. Ultimately, a more motivated employee has unlimited potential to provide for the company and that positivity will encourage new talent to come and make sure old talent stays.