Motivation in management describes ways in which managers promote productivity in their employees. Learn about this topic, several theories of management, and ways in which this applies to the workplace. Use quiz questions to test your knowledge.
The Definition of Motivation
Often, people confuse the idea of 'happy' employees with 'motivated' employees. These may be related, but motivation actually describes the level of desire employees feel to perform, regardless of the level of happiness. Employees who are adequately motivated to perform will be more productive, more engaged and feel more invested in their work. When employees feel these things, it helps them, and thereby their managers, be more successful.
It is a manager's job to motivate employees to do their jobs well. So how do managers do this? The answer is motivation in management, the process through which managers encourage employees to be productive and effective.
Think of what you might experience in a retail setting when a motivated cashier is processing your transaction. This type of cashier will:
Be friendly, creating a pleasant transaction that makes you more likely to return
Process your transaction quickly, meaning that the store can service more customers
Suggest an additional item you would like to purchase, increasing sales for the store
In short, this employee is productive and delivers a high-quality output.
How to Motivate Employees
There are many ways to motivate employees. Managers who want to encourage productivity should work to ensure that employees:
Feel that the work they do has meaning or importance
Believe that good work is rewarded
Believe that they are treated fairly
All of these tasks fall under one or more motivational theories.
Maturity
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DEFINITION of 'Maturity'
The period of time for which a financial instrument remains outstanding. Maturity refers to a finite time period at the end of which the financial instrument will cease to exist and the principal is repaid with interest. The term is most commonly used in the context of fixed income investments, such as bonds and deposits.
INVESTOPEDIA EXPLAINS 'Maturity'
Upon maturity of a fixed income investment such as a bond, the borrower has to pay back the full amount of the outstanding principal, plus any applicable interest to the lender. Non-payment upon maturity may constitute default, which can have very severe repercussions for the borrower's business and credit rating.
The maturity of an investment is a primary consideration for the investor, since it has to match his or her investment horizon. For example, a young couple who are saving for a down payment on a condo that they intend to purchase within a year would be ill-advised to invest in a five-year term deposit, especially one that carries penalties if cashed early. A money-market fund or a one-year term deposit may be a much better choice in this case.
The term maturity is seldom used with reference to derivative instruments such as options and warrants. For such instruments, the term expiry or expiration date is used instead to refer to the fact that they have a limited life and will cease to exist after a certain time period.
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Motivation in management describes ways in which managers promote productivity in their employees. Learn about this topic, several theories of management, and ways in which this applies to the workplace. Use quiz questions to test your knowledge.The Definition of MotivationOften, people confuse the idea of 'happy' employees with 'motivated' employees. These may be related, but motivation actually describes the level of desire employees feel to perform, regardless of the level of happiness. Employees who are adequately motivated to perform will be more productive, more engaged and feel more invested in their work. When employees feel these things, it helps them, and thereby their managers, be more successful.It is a manager's job to motivate employees to do their jobs well. So how do managers do this? The answer is motivation in management, the process through which managers encourage employees to be productive and effective.Think of what you might experience in a retail setting when a motivated cashier is processing your transaction. This type of cashier will: Be friendly, creating a pleasant transaction that makes you more likely to return Process your transaction quickly, meaning that the store can service more customers Suggest an additional item you would like to purchase, increasing sales for the storeIn short, this employee is productive and delivers a high-quality output.How to Motivate EmployeesThere are many ways to motivate employees. Managers who want to encourage productivity should work to ensure that employees: Feel that the work they do has meaning or importance Believe that good work is rewarded Believe that they are treated fairlyAll of these tasks fall under one or more motivational theories.MaturityAAA | DEFINITION of 'Maturity'The period of time for which a financial instrument remains outstanding. Maturity refers to a finite time period at the end of which the financial instrument will cease to exist and the principal is repaid with interest. The term is most commonly used in the context of fixed income investments, such as bonds and deposits.INVESTOPEDIA EXPLAINS 'Maturity'Upon maturity of a fixed income investment such as a bond, the borrower has to pay back the full amount of the outstanding principal, plus any applicable interest to the lender. Non-payment upon maturity may constitute default, which can have very severe repercussions for the borrower's business and credit rating.The maturity of an investment is a primary consideration for the investor, since it has to match his or her investment horizon. For example, a young couple who are saving for a down payment on a condo that they intend to purchase within a year would be ill-advised to invest in a five-year term deposit, especially one that carries penalties if cashed early. A money-market fund or a one-year term deposit may be a much better choice in this case.ครบกำหนดระยะเวลาใช้ค่อยโปร่งเครื่องมือตราสารอนุพันธ์เช่นตัวเลือก และวอร์แรนต์ สำหรับเครื่องมือดังกล่าว วันหมดอายุหรือหมดอายุเงื่อนไขไว้แทนที่อ้างอิงถึงความจริงที่ว่า พวกเขามีชีวิตที่จำกัด และจะให้มีอยู่หลังจากช่วงเวลาคัดสรรคำศัพท์ทางการเงินของคุณได้รับความรู้ทางการเงินที่คุณต้องประสบความสำเร็จ ระยะฟรีของ Investopedia ของวันช่วยให้คุณได้รับความเข้าใจของสิ่งที่ทางการเงินพร้อมคำอธิบายที่ เข้าใจง่าย และเทคนิค คลิกที่นี่เพื่อเริ่มต้นการพัฒนาภาษาทางการเงินกับจดหมายข่าวนี้ทุกวัน
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