Motivating Employees in Practice: Financial and Non-Financial Methods and Job Enrichment

The video discusses motivation theories by FW Taylor, Maslow, and Herzberg, focusing on practical applications. It explores financial motivation methods like piece rate, performance-related pay, commission, and salary schemes. The video also covers non-financial methods, emphasizing job enrichment, accountability, and job rotation. It compares banking and teaching to illustrate different motivational factors and highlights the pros and cons of job enrichment.

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