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Effects of motivational incentives on productivity

 

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Project Abstract

Abstract
Motivation is a crucial factor in determining individual productivity in various settings, including the workplace. Motivational incentives have been widely used by organizations to enhance employee performance and achieve organizational goals. This research project aims to investigate the effects of motivational incentives on productivity by conducting a comprehensive literature review and analyzing empirical data. The literature review will explore various theories of motivation, including Maslow's hierarchy of needs, Herzberg's two-factor theory, and Vroom's expectancy theory, to provide a theoretical framework for understanding how incentives influence behavior and performance. Additionally, the review will examine previous studies that have investigated the relationship between motivational incentives and productivity to identify key findings and gaps in the existing literature. Empirical data will be collected through surveys and interviews with employees from different organizations to assess their perceptions of motivational incentives and their impact on productivity. The data will be analyzed using statistical methods to determine the strength and direction of the relationship between incentives and productivity. The findings of this research project are expected to contribute to the existing body of knowledge on motivation and productivity by providing a deeper understanding of how motivational incentives influence individual performance in the workplace. The results will have practical implications for organizations seeking to enhance employee motivation and productivity through the design and implementation of incentive programs. By shedding light on the effects of motivational incentives on productivity, this research project will help organizations make informed decisions about the types of incentives to offer to employees and how to structure incentive programs to maximize performance outcomes. Ultimately, the goal of this study is to provide valuable insights that can be used to improve organizational effectiveness and employee satisfaction.

Project Overview

INTRODUCTION 1.1 HISTORICAL PERSPECTIVES The term motivation can be traced to the Latin word “moreover” which means to move. This meaning can be expanded by the following formal definition by Bereson and Sterner (1964) viz motivation towards goals: the motivation connotes “need, drives” and “goal”. The study of motivation can also be traced back to t



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