Employee Motivation and Capitalism Essay - 1813 Words

Introduction: Motivation according to Kelley (2014) is the ‘process through which managers build the desire to be productive and effective in their employees’. If an employee is motivated, they are more likely to be productive and generally staff turnover is low. The problem of worker motivation is that workers are not seen as humans, they have a lack of freedom at the workplace and lack of job fulfilment. Taylor and McGregor Theory X argue that there is not a problem with worker motivation, workers will be obedient because of fear of losing their job motivates them to do well. Whereas Maslow and McGregor’s Theory Y argues that there is a problem with worker motivation because of class conflict between the worker and the manager. The†¦show more content†¦An example of motivation is when production workers began tracking their performances in an attempt to break the record (Haefner, 2011). Their highest record was set when the workers continued to work after their shift ; they decided to no longer take their breaks. The reason for this success was changing management style from Theory X (does not trust workers) to Theory Y (does trust workers). This shows the impact freedom can have on employees and how it motivates them to work harder to increase production and output. Capitalism: To understand the problem of worker motivation we must understand Capitalism. Capitalism involves conflicts of interests between management and workers. According to Knights and Willmott (2012) Marxism is when workers are described as a ‘social animal rather than a self-seeking individual’. They further state that production is motivated by the ‘pursuit of profit and the accumulation of capital’. This shows that managers are more interested in profit than workers needs. Similarly Taylor states that motivation comes from money and profit for management, whereas workers would want higher wages, thus suggests a conflict in capitalist society (Knights and Willmott, 2012). This conveys the importance of capitalism in regards to motivation in society and how workers are not seen as humans. Though in a modern society, Taylorism is viewed out-dated because workers are no longer motivated by just financial incentives, they are afterShow MoreRelatedTexas Instruments i n South Korea1347 Words   |  6 Pagesstructures TI can adopt in order to facilitate successful outcomes. Using a voice and exit approach to governing this initiate can help with identifying the opportunities that motivate employees to achieve desired outcomes. The concept of shareholder capitalism will be introduced as a way to explain how CEO’s can facilitate communication with various stakeholders. 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