IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Class : Y10 Lesson.

Slides:



Advertisements
Similar presentations
Motivation THE TIMES 100.
Advertisements

Motivation The reason why people want to work. Incentives
Motivation.
Y12 Business – Term 3 Re-cap o Recruitment process / Internal & External / Job Description / Person Spec o Scheme of Work o Paternity Leave MOTIVATION.
Theory and Motivation Chapter 14
Motivating & Rewarding Employees
Business Section: FinanceFurther Reading C.31 Keywords – break even, chart, margin of safety, contribution, contribution per unit. Class : Y11 Lesson.
Motivation –Theory and Practice
Class : Y10 Lesson Topic: Marketing Scheme of Work: Market Research.
Motivation Unit to 4 I can distinguish between intrinsic and extrinsic needs 5 to 6 I can link motivational theorists to their findings 6 to 7.
IGCSE Business Chp. 19 & 20 Keywords – CV, external/internal recruitment, Job description, Person Spec, Discrimination, Unfair dismissal. Class : Y10 Lesson.
Legal Structures Tell me three things... about the topic we are studying. Or, you learnt in the last lesson. STARTE R.
IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization Class : Y10 Lesson Topic: Business and the Environment Scheme.
Economics Section: Market SystemFurther Reading Chps 2 – 3 Keywords – Demand curve ; demand ; effective demand ; demand factors ; normal good ; inferior.
Class : Y11 Lesson Topic: Global Economy
Business Section: FinanceFurther Reading C.27 Keywords – Working capital, working capital cycle, current assets, current liabilities. Class : Y11 Lesson.
Prepare for Learning – 5mins
Business Section: FinanceFurther Reading C.29 Keywords – cash flow, forecast, inflows, outflows, liquid, net cash flow. Class : Y11 Lesson Topic: Finance.
Economics Section: Chp 35Further Reading Keywords – balance of trade, imports, exports, visible trade, invisible trade, deficits, surplus Class : Y11.
Economics Section: Government & EconomyFurther Reading C.38 Keywords – Aggregate Demand, fiscal, taxation, direct/indirect, expansionary, contractionary.
IGCSE Business Chp. Chp. 1 & 2 Keywords – factors of production, sectors of economy, division of labour, specialization, lab/capital intensive Class :
Class : Y10 Lesson Topic: Human Resources Scheme of Work: Training.
IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental Class : Y10 Lesson Topic: Business and the Environment.
Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Class : Y11 Lesson.
IGCSE Business Chp. 15 & 16 Keywords – hierarchy, span of control, chain of command, delegation, authority, functional departments Class : Y10 Lesson Topic:
Prepare for Learning 2 -mins
Economics Section:Further Reading Keywords – Monopoly, Natural Monopoly, Patents, barriers, Class : y10 Lesson Topic: Monopoly Scheme of Work: Business.
Class : y10 Lesson Topic: Oligopoly Scheme of Work: Business Economics.
IGCSE Business Chp. 9 Keywords – brownfield site, greenfield site, regional policy Class : Y10 Lesson Topic: Business and the Environment Scheme of Work:
Motivation at Work ◦ the act of giving somebody a reason or incentive to do something ◦ a feeling of enthusiasm, interest, or commitment that makes somebody.
Economics Section: Income elasticityFurther Reading c.9 Keywords – Income elastic, income inelastic, normal good, inferior good, discretionary. Class.
Class : Y10 Lesson Topic: Business and the Environment
Economics Section: Government & EconomyFurther Reading C.40 Keywords – Supply side, long run, quantity, quality, privatization, de-regulation Class :
Economics Section: Chp 29Further Reading Keywords – Privatisation, Nationalisation, Efficiency Class : y10 Lesson Topic: Privatisation Scheme of Work:
Economics Section: Competitive MarketsFurther Reading. Chp 22 Keywords – Firms, competition, barriers to entry, innovation, product differentiation, monopoly.
IGCSE Business Studies Chp. 45 p. 209 Keywords – Production ; Job ; Batch ; flow ; quality ; unit cost Prepare for Learning – 5mins In Pairs answer the.
Business Section: FinanceFurther Reading C.32 Keywords – distributed profit, dividend, gross profit, net profit, Profit & Loss (P&L), retained profit Class.
Economics Section:Further Reading Keywords – Class : Y11 Lesson Topic: Government & Economy Scheme of Work: Macroeconomic Objectives.
Oil Case Study.
Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Class : Y11 Lesson.
Lesson Objectives To remember why people work. To understand the important role that motivation plays in making a business successful. To understand how.
IGCSE Business Chp. Keywords – Class : Y10 Lesson Topic: Human Resources Scheme of Work: Communication.
Adidas Marketing Strategy
IGCSE Business Chp. Chp. 1 & 2 Keywords – Consumer, goods, entrepreneurs, needs, private, public sector, services, stakeholder, wants. Class : Y10 Lesson.
6.4.1 M AKING HUMAN RESOURCE DECISIONS : IMPROVING MOTIVATION AND ENGAGEMENT AQA Business 6 D ECISION MAKING TO IMPROVE HUMAN RESOURCE PERFORMANCE What.
Motivation in theory and practice. Motivating employees Candidates should be able to: Analyse the importance of employee motivation to a business Apply.
Motivation. What is motivation? Motivation is concerned with the desire to do something or achieve a particular result. Having motivated employees results.
BUSS2 People: motivating employees. Motivating employees Candidates should be able to: Describe financial methods to motivate employees Analyse ways of.
Motivation. What is motivation? Motivation is concerned with the desire to do something or achieve a particular result. Having motivated employees results.
Financial methods of motivation Financial Methods 1. Time-rate (‘flat rate’) schemes. This payment method involves the employee receiving a basic rate.
BUSINESS 12 AS MOTIVATION _ 2. REASONS WHY PEOPLE GO TO WORK money Achievement or job satisfaction Belonging to a group Security Self-worth.
Unit 2.5 Motivation.
Motivating & Rewarding Employees tutor2u ™ IGCSE Business Studies.
Motivation THE TIMES 100. What is motivation? Motivation is concerned with the desire to do something or achieve a particular result. Motivated employees.
Economics Section: Chp 28Further Reading Keywords – Regulation, Anti-competitive practices, regulatory bodies, Regional Policy Class : y10 Lesson Topic:
Motivation Motivation is best described as an internal force or a set of forces that pushes people to do something. Why do businesses need to worry about.
Motivation THE TIMES 100. What is motivation? Motivation is concerned with the desire to do something or achieve a particular result. Motivated employees.
Remuneration.
Motivating Employees.
Motivating & Rewarding Employees
Motivation.
GCSE Business Studies Unit 2 Developing a Business
Questions Part 1 What does the law say you cannot do when employing staff? What is a decentralised structure? What is delayering?
Effective People Management
Motivation.
Motivation.
Motivation.
Motivation THE TIMES 100.
Motivating & Rewarding Employees
Presentation transcript:

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Class : Y10 Lesson Topic: Human Resources Scheme of Work: Motivation & Rewards

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Tell me three things... about the topic we are studying. Or, you learnt in the last lesson. STARTER

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Questions you would like to ask Today we will begin studying ____________. What are the questions you would like answered.

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Noun Play _________ is like (a) ________ because…. First blank is for the topic, concept etc. Second blank is for the random noun. e.g. Communication is like driving because…

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Lesson Objectives P&D Planning and Planning and Data ALL (KNOWLEDGE) Describe/ Define Motivation & Rewards MOST (ANALYSIS) Analyse an element of motivation and/or rewards SOME (EVALUATION ) Evaluate the usefulness of motivation / rewards to a business Higher thinking Skills

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment What does it mean to you?

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Motivation Responsibility of ________ __________ Dept. The desire to achieve your goals. Some don’t need it, others do. If a business is well motivated, it will be more successful. How could we measure that success?

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Google Google Motivation (3mins) How does Google motivate staff? Why does Google motivate staff?

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Benefits of Motivation Higher productivity Lower staff turnover Lower absenteeism Increased co-operation and happiness.

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Two theorists you need to analyse..

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Maslow Maslow Explained (9 mins) Hierarchy of needs. Humans want to progress UP the pyramid.

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Herzberg Herzberg Explained (1 min) Two Factor Theory Two Factor Theory Hygiene Factors – Lead to dissatisfaction. Motivators – Lead to satisfaction.

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Motivational Theories Maslow Herzberg Differences and Similarities ?

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Theory overlap

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment How does a business implement the theory Internet availability (physiological need) Increase promotion Staff training and uniform Health Insurance Sustainable pay and conditions Job rotation and training

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Evaluation Is motivation really possible? Which is a better theory of motivation, Maslow or Herzberg? Can you apply the theory to a workplace scenario? We will now look at rewards which will help you apply your theory

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Rewards To keep staff motivated they must be rewarded. This can be financial or non financial rewards. We will examine some examples.

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Examples include…

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Financial Rewards Piece rate: method of payment according to how much you produce. Time Rate; paid according to hours worked. Performance related pay (PRP): pay here is related to performance, e.g. bonus, and commission. Appraisal is the main tool to implement Performance Related Pay. Profit sharing: this is a different approach to financial incentive; it aims to provide staff with a share of the firm’s annual profit. However, Herzberg warned that financial incentives distort behaviour. Share ownership: Similar to above; It makes workers, managers, directors and shareholders think as one. Fringe benefits (perks): examples of perks are company cars, mobile phones, membership of clubs, lower mortgage rates etc.

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Non financial Rewards job enrichment: Herzberg believed strongly in job enrichment as it gives people the opportunity to use their ability to create and share ideas. It could also give them a range of responsibilities and activities, which should motivate them. job enlargement: it means adding extra responsibility and workload to the job without sense of creativity to inspire workforce. Job empowerment it means giving employees more power in the work place. In modern terms empowerment is called delegation. Others include; more teamwork and Promoting staff (internal recruitment)

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Pros and Cons Financial Rewards Non Financial Rewards Work in teams to identify 2 pros and cons for each.

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Lesson Objectives P&D Planning and Planning and Data ALL (KNOWLEDGE) Describe/ Define Motivation & Rewards MOST (ANALYSIS) Analyse an element of motivation and/or rewards SOME (EVALUATION ) Evaluate the usefulness of motivation / rewards to a business Higher thinking Skills

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment CONNECTIVES for Analysis CONNECTIVES for Application CONNECTIVES for Evaluation COMPARING Equally… As with… Like… In the same way… Similarly… Even so… Likewise… CAUSE & EFFECT Consequently…Due to… As a result…Therefore.. Because of…Because… CONCLUDING Firstly…After… Secondly…Before… Overall…I believe… Finally…I think … In conclusion…it depends… To conclude…short term… Meanwhile…Long term… CONTRASTING Although…Except… Moreover…If… However…Yet… Apart from…Unless… Despite…As long as… EMPHASISING Most importantly… Significantly… Notably… Especially… Above all… In particular… Indeed… QUALIFYING Despite…Yet… As long as…Unless… Apart from…If… Moreover…Except… However…Although… ADDING In addition…And… Too…Also… Additionally…As well as… Furthermore… ILLUSTRATING For instance…Such as… In the case of…So… For example… As revealed by… As illustrated by…

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Exam style questions A-A* 1.Discuss 2.Evaluate (8-12m) 8+ connectives & key words C-B 1.Explain 2.Analyze (5-7 m) 5+ connectives & key words E-D 1.Identify 2.Define (2-4m) 2 + connectives & key words ATD Apply to Apply to demonstrate

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Questions you would like to ask e.g. Today we have been studying_______________. Think of 1 questions to ask other people in the class about today’s lesson. PLENARY

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Freeze Frame Students have to produce a freeze-frame showing one aspect of their learning. E.G. A communication method or a finance or a sector of the economy

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Spell a key word to your friend using sign language…

IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Exam Question Write an exam question based on your learning today. Then, swap books and answer someone else’s question. Answer PLAN: Intro – define key word Explain 1 advantage (BLT) Explain 1 disadvantage (BLT) Conclude – I think, however, it depends… E.g. Discuss whether a bank loan is suitable for business startup. Start with; Discuss or Evaluate whether or To what extent is ________________________________________________________________________ _______________________________________________________________ (6m)