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Why are businesses interested in staff motivation?

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Why are businesses interested in staff motivation?

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Keeping staff motivated [Motivated: Employees are encouraged to work hard by financial or other rewards. ] is good for business. Here are some examples why: • Motivated workers are more productive and higher productivity [productivity: the amount of output achieved for every unit of input used. A productive manufacturing system will produce consistently high quality products with the minimum of wasted time, money or effort ] usually means higher profits. • In a service industry, workers who are well motivated will provide a better level of customer service, keeping the customers happy. • Staff who are well motivated are more likely to stay with the company. They grow in experience and become even more valuable to their employer. • If a business successfully keeps the staff it has, the cost of recruiting and training new staff is reduced.

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