AN INNOVATIVE MOTIVATIONAL SYSTEM TO ENHANCE THE SOCIO-ECONOMIC DEVELOPMENT OF AN EMPLOYEE IN AN ORGANIZATION

Abstract
The study of the development of theoretical ideas about the content and regulation of motivational processes in the work world allows determining whether the socio-economic development of society changes the vector direction of motivational influences. The modern reality requires a different look at the process of motivating and motivating employees. It is important to realize that one of the key factors for the success of a company is the employees, i.e. the equitable exchange between the company and its employees. In this paper an innovative motivational system was proposed to enhance the employee contribution in an organization. The initial focus was on increasing labor productivity, stimulating physical activity, and motivation gradually improving the quality of work, stimulating creative activities, initiating and protecting employees in the organization. The loyalties of the employees are achieving the strategic goals of the company. On the other hand, it was satisfying the material and moral needs of the employees with the help of a comprehensive motivational system. In recent years, the focus of scientists and practitioners on solving staff motivation problems has increased.

Authors
D Ganesan1, K Riyazahmed2
Sona College of Technology, India1, SDM institute for management development, India2

Keywords
Motivational Processes, Socio-Economic, Employees, Company, Labor Productivity, Creative Activities
Published By :
ICTACT
Published In :
ICTACT Journal on Management Studies
( Volume: 8 , Issue: 2 )
Date of Publication :
May 2022
DOI :

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