Academia
Diploma thesis 2011Accountinganaliza · motivacija · organizacijska klima

CHANGE IN EMPLOYEE MOTIVATION IN COMPANY X.Y. FOR THE PERIOD 2007 AND 2009

In a company, capital and cutting-edge technology are important, but they are not paramount for achieving competitiveness.

Katja AlencEkonomist · module Računovodstvo · supervisor Zlatko Mihaljčič · defence april 2011
In brief

The project in five facts.

AuthorKatja Alenc
SupervisorZlatko Mihaljčič
ModuleAccountingEkonomist
Employer / clientAcademia
Year2011april 2011
About the project

Challenge, approach and results.

In a company, capital and cutting-edge technology are important, but they are not paramount for achieving competitiveness. Organisations are seeking competitive advantages in other areas as well, amongst which they are increasingly placing employee motivation and satisfaction in the workplace at the forefront. When we wish to determine employee satisfaction in various areas, we opt for an analysis of organisational climate. The results obtained show us the areas in which action would need to be taken so that, with increased satisfaction, they will also achieve increased employee efficiency.

Problem

In a company, capital and cutting-edge technology are important, but they are not paramount for achieving competitiveness. Organisations are seeking competitive advantages in other areas as well, amongst which they are increasingly placing employee motivation and satisfaction in the workplace at the forefront. For success in a company today, it is a prerequisite that employees are well-trained and motivated.

In this way, a company can become competitive, and with planned enhancement of motivation for work, it is naturally a step ahead of other competitors. Motivating employees in the business world is becoming one of the most important and most complex tasks of management. Good organisational climate, competence and motivation of employees have become the foundations of successful business operations of organisations.

Numerous motivational theories provide an answer to the question of how to motivate employees. The human motivational mechanism is very complex and is influenced by many different factors, most of which anticipate a reward for successfully completed work. Organisations use various methods of motivation in order to attract good workforce and then also retain it.

Methods of motivating employees in a company relate primarily to satisfaction at work, financial rewards, as well as non-financial ones, and also to communication and leadership. For achieving goals in a company, organisational climate is very important, because on its basis we can assess whether the organisational climate is favourable or not. Its measurement is intended for determining elements that positively or negatively influence satisfaction and work efficiency.

Results

When we wish to determine employee satisfaction in various areas, we opt for an analysis of organisational climate. The results obtained show us the areas in which action would need to be taken so that, with increased satisfaction, they will also achieve increased employee efficiency. Payment for work, or financial reward, is not the essence of employee satisfaction in a company.

Satisfaction is joined to a large extent by satisfaction with colleagues, satisfaction with working conditions, security of permanent employment and good working hours. At the second level, satisfaction with work must be fulfilled, with the possibility of advancement, the working conditions themselves must be favourable, and satisfaction with superiors.

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Diploma thesis

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