Complete 16 page APA formatted essay: Motivation Theory.Bearing the aforementioned in mind, the extent to which motivation techniques and schemes positively impact upon both individual employee behavi

Complete 16 page APA formatted essay: Motivation Theory.

Bearing the aforementioned in mind, the extent to which motivation techniques and schemes positively impact upon both individual employee behaviour and teamwork is an important area of study, especially as markets become more and more competitive. Indeed, as markets become increasingly competitive, successful employers are paying more attention to their human resource management by developing incentive programs in an attempt to keep their employees motivated and thus maximise their work productivity. The factors which incite employee motivation, and the extent to which bonus and various other incentive schemes do so, especially within the context of work teams are the focus of this dissertation. As was briefly touched upon in the preceding, a motivated workforce is the backbone of a successful organisation. an organisation which is both able to satisfy its strategic objectives and pose as a strong market competitor in an ever-increasingly competitive global market space. It has traditionally been assumed that bonus schemes motivate employees on both individual and team levels but empirical evidence suggests that bonus schemes are not as powerful or as strong a motivator as has been suggested. It is within the context of the stated that the rationale of the study may be found: the determination of the factors which incite both individual and team employee motivation towards greater productivity, commitment and dedication. Needless to say, the identification of these factors has far-reaching consequences for both organisations and the economy as a whole.