A study on employee perception on motivational methods with special reference to small and medium scale start-ups at malumachampatti, coimbatore
- Motivation, Monetary and Non-monetary, Motivational techniques, Employee Satisfaction
Abstract
Motivation is the key factor that drives the employees to work to the fullest, thereby contributing to the success of the organization. This research paper aims at observing the perception of the employees at Small and Medium Scale Startups in Malumachampatti, Coimbatore on the motivation methods already in place at their organization. Most of the organizations have both monetary and non-monetary forms of motivational techniques. Yet, studying the views of the employees on these techniques is important in order to understand the effectiveness of them and the satisfaction level of employees. Incentives, appreciation letters and awards, bonus, payment for working overtime are few of the many motivational methods used at these companies. Motivation is an important factor that brings employee satisfaction. Every concern requires physical, financial, and human resources to accomplish the goals. It is through motivation human resources can be utilized by making full use of it. This will help the enterprise in securing best possible utilization of resources.