The A Motivation - 8.3 Identify motivation factors One has to understand the basics of motivation and how they impact human lives. Motivation is different for different people. One person may be motivated by financial rewards whereas another person may be motivated by some area where his passion or hobby lies. It becomes very important for individuals and organizations to understand the motivation factors. It will help to understand people better and motivate them by addressing their motivational factors. If a person is motivated by financial rewards, a suitable milestone can be set so that he will get motivated to achieve it. If another group of people like travelling as their hobby a ‘vacation package’ as a reward will be a good incentive to motivate them. Motivation can be of different types. There will be internal factors and external factors that motivate a person. In personal motivation, the motivation for the need satisfaction arises from within the person. On …show more content…
Some people have a higher motivation level to go forward and aim for some progressive goals like salary increments, bonuses and promotions. Due to this they will dedicate extra time and effort to achieve these goals. On the other hand, there will be other people who are less motivated and will put in average efforts and do the job. There are other people who may be happier earning less in a job which may be in line with their true calling and would prefer that they continue those pursuits. Many organizations have lot of benefits for the employees like healthcare and retirement benefits. These rewards also form a motivational factor for employees to pursue and serve the company to the best of their abilities. In organizations, sales staff may be motivated to exceed the sales targets which will reward them with high bonus