Question

As a Manager , which non-financial techniques of motivation will you adopt in your organization ? Explain any four

Answer 1

Non-financial Techniques of Motivation are those which are not associated with financial rewards . Such techniques are mainly Psychic in nature . Some of the Non-financial techniques of motivation are

• Status : Every person wants self respect . Reputation of a man increases by his wealth , post and acts of goodness . A sufficient wealth may be obtained by good post higher or increase in the status of a person . Good salary and high post adds to the reputation in the society . Hence the Manager should motivate the employees , by keeping in view , the reputation of the employees .
• Praise and Recognition : Praise and Recognition for work done is a good method of motivation . It satisfies self-esteem and ego needs of the employees . It increases a feeling of personal worth , self-respect and self-confidence among employees .
• Participation in Management : Participation in management affairs like - strategies , goals , important functions , determination of policy and decisions of an organization) iss a strong method of motivating employees because it makes people ego-involved and creative . It gives employees a chance to express their ideas and it gives them psychological satisfaction that their voice is being heard .
• Feeling of Accomplisiment and Achievement : Employees are motivated to work better if they have a feeling of Accomplishment . This feeling can be inculcated by providing more Authority , Autonomy , Applying the MBO Technique , Better Career Planning and Development and so on . Also employees must be given an Opportunity to grow and mature on the job and to feel pride to work