DBPapers
DOI: 10.5593/SGEM2015/B13/S3.052

INFLUENCE OF MOTIVATION ON WORK PERFORMANCE AND LOYALTY OF EMPLOYEES IN INDUSTRIAL ENTERPRISES

K. Spakovska, M. Ballarin, M.Vanek, J. Chlopecky
Friday 7 August 2015 by Libadmin2015

References: 15th International Multidisciplinary Scientific GeoConference SGEM 2015, www.sgem.org, SGEM2015 Conference Proceedings, ISBN 978-619-7105-33-9 / ISSN 1314-2704, June 18-24, 2015, Book1 Vol. 3, 399-406 pp

ABSTRACT
The committed and competent workforce belongs among key factors affecting company success. Employee performance depends on knowledge, work conditions and their motivation to work. The employee motivation depends on stimuli, which are present in the individual’s environment or used by other people in order to reach desired change in individual’s behavior. The way of motivation became especially important in industrial companies in recent years, because of economic decline. As each effort made by the employer to stimulate employees implies additional costs, it is necessary to know in advance particular factors, which are appreciated by the employees, to be effective. The following article brings an overview of the pilot study carried out on a group of industrial enterprises and deals with assessment of the impact of specific factors on employee motivation to work. We investigated the relationship between motivation and loyalty. The effect of specific material and nonmaterial ways of motivation or stimulation on employee work performance was studied. The questionnaire survey was conducted in 2014 and was focused on mining and industrial companies in Moravian-Silesian Region, Czech Republic. The material motivation appeared to be strongly preferred by all employees in investigated industrial enterprises even though there are differences in male and female perception of particular motivational factors.

Keywords: industrial enterprise, motivation factors, performance, management, loyalty

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