Impact of Employee Motivation
Overview
For the National Australia Bank to run smoothly, the employees must cooperate among themselves and maintain good contacts with top management. Motivation is one of the most important things that make the employees of the organization to provide services that are excellent within that organization. Motivation is the combination of motive and action factors which must operate within the organization for it to succeed. Motivation is a strong feeling or reason to do or accomplish something in a better way. These factors in motivation include: emotional support, encouragement, recognition and support. This essay explains the impact of motivation of employees’ performances in the National Bank of Australia. A Preview: ORDER YOUR PAPER NOW
High quality banking services
National Bank of Australia has always been motivating the employees by training them in a way that increases the work and services of the Bank. These training are done to the employees in a friendly way making them to enjoy the training and they are enjoying the training they get what they are taught more (Raziq and Maulabakhsh, 2015, P. 720). This keeps the employees motivated as they are trained new things every time and they enjoy the training in a way that they can’t forget what they are taught for a long period of time. High quality works and bank services have improved the yields of the NBA.
Bank promotion
When the employees of the national bank of Australia have been motivated, they have led to promotion of that National Bank of Australia. The bank has been rewarding the employees that do the best in their jobs and motivating those who are not doing well to improve their work (Skudiene and Auruskeviciene, 2012, p. 60). The rewarding of these employees has made them to work more so as to be awarded more next time those who have not received any of the reward put more effort in their work so that they can receive the reward.
Employee retention
Due to small motivation of the employees like rewards, provision for transport and good salaries make the employees not think of leaving the job. This is because the job is like what he or she was looking for and they are sure they cannot get any better job. National Bank of Australia offer good salaries that make the employees not intent to leave the job (Brilmayer, 2010, P. 655). This has made the bank to reduce costs for recruitment of employees and training of new employees. When the employees remain in the bank they are sure of what they are doing thus reducing the supervision of the employees. Impact of Employee Motivation
Commitment of employees
The employees in everywhere after been motivated they are always committed in the work they do. Motivation improves the ability of workers in an organization, the workers become more serious of the work they do making them to take less time, improve quality and quantity and also increase the productivity of the Bank (Lazaroiu, 2015, P. 97). Commitment of the employees lowers the monitoring in the organization thus reducing the costs incurred during the work time. Committed employees make the work to be done more easily and in a simple manner thus profitability of the firm increases. ORDER YOUR PAPER NOW
Bibliography
Brilmayer, L., 2010. The New Extraterritoriality: Morrison v. National Australia Bank, Legislative Supremacy, and the Presumption Against Extraterritorial Application of American Law. Sw. L. REv., 40, p.655.
Lazaroiu, G., 2015. Employee motivation and job performance. Linguistic and Philosophical Investigations, 14, p.97.
Raziq, A. and Maulabakhsh, R., 2015. Impact of working environment on job satisfaction. Procedia Economics and Finance, 23, pp.717-725.
Skudiene, V. and Auruskeviciene, V., 2012. The contribution of corporate social responsibility to internal employee motivation. Baltic journal of management, 7(1), pp.49-67.