A STUDY IN UNDERSTANDING THE CRITICAL FACTORS OF EMPLOYEE MOTIVATION IN INFLUENCING THE OVERALL PERFORMANCE OF THE EMPLOYEE USING MUTLIVARIATE ANALYSIS OF VARIANCE (MANOVA) APPROACH
Abstract
It has been shown via empirical research that businesses that have staff members that are highly driven achieve the greatest levels of performance. This conceptual paper attempts to present an overview of current breakthroughs in the theory of employee motivation and organisational performance, as well as make ideas for additional study that may be conducted. In order for a company to remain one step ahead of its rivals, it is imperative that the company cultivate an atmosphere of ongoing learning and progress. This objective may be accomplished through recruiting talented new personnel. The latter asserts that workers should continue to educate themselves over the course of their employment. Recent research has indicated that the number of individuals actively striving to extend their knowledge throughout their lifetimes has dramatically increased. It is very necessary to consistently seek out new employees and educate them in today's advanced business environment. Even while they could like what they do, they might be thinking about leaving the company soon, which would make things more difficult. Those who are prepared to put in the effort to develop themselves and maintain a "third place" for themselves are in a better position to find job that meets their standards.
There is a concerted effort made by businesses of varying sizes and operating in a variety of industries to cultivate strong relationships with their employees. Workers, on the other hand, are motivated by a broad array of conflicting objectives. Some employees, for instance, are mainly motivated by their income, while others place a higher premium on stable employment and prospects for advancement. It is essential for a business and its leadership to have an understanding of what motivates its employees in order to improve performance.