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Human Resource Management and Increasing Wages

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Provide an example of where you had to dispel an employee's notion that he or she deserved more, or describe an example where you felt you deserved more pay.

Do you think that there is a stronger need for extrinsic rewards as opposed to intrinsic?

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The response addresses the queries posted in 545 words with references.

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The response addresses the queries posted in 545 words with references.
// In a business setup, it is very important to motivate the employees as it is the driving force that encourages them to monitor their performance, as well as, be focused towards achieving the individual and organizational goals. Here, we will discuss the concept of motivation and compare the extrinsic and intrinsic motivation according to the level of their effectiveness. //

Motivation is a very important concept to be considered for successfully running an organization. Its significance lies in the fact, that if the employees are optimally motivated, they understand their responsibility towards maintaining high performance levels and aligning all their activities towards achieving the organizational goals and increasing the overall productivity (Silva, 2009). The right kind of organizational environment and motivation helps reduce the issues, conflicts and grievances that arise or may ...

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  • MBA (IP), International Center for Internationa Business
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