D1) Suggest, with justification, way of improving motivation in an organisation
“Employee motivation is a key to productivity in the workplace. Disgruntled or otherwise unhappy staff members can poison the work environment and cost the company money. Knowing what contributes to staff member satisfaction is the first step in correcting the problem. Effective managers should be in control of employee morale at all times, and an objective team effort should be made to prioritize motivation.”
As already seen, Lloyds has introduced many different measures in order to improve and maintain the motivation of its employees. However, there is also room for improvement and areas to work on in order to sustain the same level of motivation over a long period of time. One of the ways in which this can be achieved is through setting clear goals for the company, and making sure all employees are aware of them. Besides setting overall company goals, which Lloyds has already done, goals for individual employees, or departmental goals, should also be set.
The goals that you set for your staff should be:
• In-line with the needs of your business as a whole.
• Goals that your employees are directly able to influence with their work and actions.
• Measurable so you can determine whether they’ve been achieved.
• Linked to rewards that the individual employee values –bear in mind that not everyone is motivated by the same type of reward. It is important that the targets are relevant to the employee as well as the employer, so that everyone is aware of what needs to be achieved and the way in which the targets will help to meet the needs of the organisation as well as the workers’. At review meetings, such as those carried out annually by Lloyds, those targets will be measured against what has actually happened and a judgment will be made. Employees then have the incentives to meet