bus 612 presentation final 04122016
TRANSCRIPT
Wingate University MBA BUS 612
How Intrinsic and Extrinsic MotivatorsImpact Employee Engagement
Janet C. Hart, APR, CFEE, Fellow PRSAMarcus J. McIntyre
Anthony SumterMaryam Zangeneh
April 12, 2016
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Agenda
• Research Overview• Key Research Findings• Survey Analysis• Recommendations• Conclusions• Questions & Answers
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Research Purpose
According to Robbins and Judge, 17 – 29% of employees are highly engaged with their jobs.
Thus, 71 - 83% are not highly engaged with their jobs.
Disengaged employees affect production, on the job accidents, employee turnover and profitability.
Robbins, S., & Judge, T. (2012). Essentials of organizational behavior (12th ed.). Boston: Pearson.
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Research Focus
Intrinsic Motivators:• Meaningfulness• Purpose• Progress• Competence
Extrinsic Motivators:• Pay• Incentives• Benefits• Promotions
Employee engagement: The degree of involvement, satisfaction with, and enthusiasm for your job.
Robbins, S., & Judge, T. (2012). Essentials of organizational behavior (12th ed.). Boston: Pearson.
How intrinsic and extrinsic motivators impact employee engagement
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Research Methodology
• Quantitative research• Surveys online via Survey Monkey• 122 completed surveys
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INTRINSIC: Q8 - I am very satisfied with my job.
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INTRINSIC: Q15 - I find the work that I dofull of meaning and purpose.
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INTRINSIC: Q24 - I feel happy when I am working intensely.
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EXTRINSIC: Q9 – I am financially well-compensated at my job.
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EXTRINSIC: Q11 – I am highly satisfied with the incentives provided by the organization.
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EXTRINSIC: Q26 – What kind of incentives motivate you?
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EXTRINSIC: Q27 – Which of the following factors do you find most motivating?
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Demographics: Q30 – What is your total compensation in your position?
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Demographics: Q31 – How many years have you been at your job?
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Survey Analysis
Intrinsic Motivators:
• 89% devote a lot of attention to their jobs
• 75% like the work they do
• 75% feel their job has a purpose
• 60% find their job challenging
• 59% are satisfied with their job
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Research Analysis
Extrinsic Motivators:
• 66% are motivated most by a salary increase (46%) or by a promotion (20%)
• 53% are motivated by financial rewards
• 56% report that they are well-compensated at their jobs.
• 49% are making less than $50,000, 51% are making over $50,000
• 48% are satisfied with incentives provided by their company.
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Recommendations• Attention: Management should pay attention to employee
job attitudes by finding out what motivators employees value most.
• Balance: Management should develop a balance of intrinsic and extrinsic rewards which will lead to higher employee engagement and lower negative employee actions.
• Inclusion: Management should develop a system in which employees have input in goals, job responsibilities, and incentives so they are invested and feel the system is fair.
• Changes: Management should adopt a policy that involves employees in changes so that they are part of the solution.
Rich, B. L., LePine, J. A., & Crawford, E. R. (2010). Job engagement: Antecedents and effects on job performance. Academy of Management Journal, 53(3), 617-635.
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Conclusions
• Intrinsic and extrinsic motivators play an important role in employee engagement.
• Employee engagement is a critical component of job satisfaction.
• Nearly 2/3rds scored questions related to intrinsic motivators very highly and they had very positive feelings towards their job.
• Extrinsic motivators are also extremely important with 66% saying they are motivated by a salary increase or promotion over other types of incentives.
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References
Geier, M. (2016), Research model group 4 (revised). Rich, B. L., LePine, J. A., & Crawford, E. R. (2010). Job
engagement: Antecedents and effects on job performance. Academy of Management Journal, 53(3), 617-635.
Robbins, S., & Judge, T. (2012). Essentials of
organizational behavior (12th ed.). Boston: Pearson.
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How Intrinsic and Extrinsic MotivatorsImpact Employee Engagement
Questions & AnswersJanet C. Hart, APR, CFEE, Fellow PRSA
Marcus J. McIntyreAnthony Sumter
Maryam Zangeneh
April 12, 2016 20