Impact Of Salary On Job: Interrelationship Between Compensation, Motivation And Performance
Article 1: Monetary Affect on Motivation
Objective:
To identify the impact of salary on job
To identify whether only money is responsible for motivating employees
To identify the interrelationship between compensation, motivation and performance
Method:
Secondary data collection method with qualitative analysis
Deductive approach undertaken by reviewing empirical articles
Descriptive analysis was done covering two major meta-analysis-
Meta-analysis by Tim Judge and colleagues
Classic meta-analysis by Edward Deci and colleagues
Article 1 : Monetary Affect on Motivation
Argument
After conducting the Gallup’s engagement research it was found that there was no significant impact of pay level on employee motivation
Explicit use of extrinsic rewards creates a risk of diminishing motivation
Job performance can be better predicted through intrinsic motivation´
Conclusion:
Personality of employees indicates their attitude towards job performance irrespective of pay scale
Competent manager and effective leadership style helps in creating motivation Article 2: Human Resource Management and Motivation
Objective:
To identify the HRM condition in Bosnian and Herzegovinian companies
To showcase the current human resource development status´
Method:
Primary data collection method using quantitative data analysis
Survey was conducted using 193 employees from Bosnian and Herzegovinian companies
Descriptive analysis has been done using statistical method involving SPSS tool
Article 2 : Human Resource Management and Motivation
Argument:
Employees are not satisfied with their roles and responsibilities
Employees are not given training and development sessions
Poor leadership style and communication gap between different levels of associates creating disparity
Conclusion:
Since employees are not satisfied and well-trained, they are getting demotivated
Demotivation is impacting on job performance and ultimately job-security is hampered
Strategic human resource management concepts are to be implemented so that employees are motivated Contribution of articles to the topic
Motivation does not completely depend on pay scale
Employee satisfaction, training and development, attitudes and personality on individuals greatly construct motivation
Extrinsic motivational factors such as rewards can be considered to be short-term in restraining motivation
Compensation does not directly ensure motivation however, effective leadership style helps in developing and restoring employee engagementReferences of your two articles
Article 1: Chamorro-Premuzic, T. (2013). Does Money Really Affect Motivation? A Review of the Research. Hbr.org. Retrieved 20 January 2018, from .
Article 2: Ozlen, M. K., & Hadziahmetovic, N. (2014). The role of human resource management in employee motivation. European researcher. Series A, (5-2), 969-979.