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Self-determination theory

Write about the Critical Analysis of Journal on Motivation for Ten Specialized Terms.

The journal is based on the study of link of money with motivation and the ways by which this affects the operations of the organizations. This research is mainly related to the study of the compensation systems in the organizations and their effects on motivation. Self-determination theory is used in this research to analyse the connections between pay provided to the employees and motivation. Another theory that is considered in this article is economic agency theory which further promotes the relationship between performance and motivation. The theory states that if more pay is provided to the employees in the compensation system, then the employees are also motivated to perform in the way the organization requires.

The research has shown that the self-determination theory and economic agency theory depict contrasting views on the human behaviour. The self-determination theory mainly differentiates the various types of motivation and also suggests that greater pay does not always relate to better performance of the employees. The theory states that the employees are mainly motivated by a positive working environment and not money. The use of monetary motivation and rewards do decrease the effect of intrinsic motivation for the employees. Most part of the research is based on the relationship between intrinsic motivation and monetary rewards. Another concept that is taken into consideration for analysis is related to pay satisfaction and pay justice. The justice is an organization refers to the perception of the employees regarding resource allocation. The psychological needs of the employees are also a part of the self-determination theory. Self-determination theory relates to the interpersonal environment in the organizations which needs to be supportive in nature and also should understand the needs of the employees. The results of the research suggest that the interpersonal climate of the organization has an effect on the compensation related variables. The amount of pay provided to the employees and the justice of distribution does not relate to the intrinsic motivation of the employees.

1.      Self-determination theory

Self-determination theory of SDT is a theory related human personality and motivation that deals with the inherent tendencies of growth and the psychological needs. It is mainly concerned with motivation behind the choices that the employees of an organization make without any interference or external influence. This focusses on the degree up to which the behaviour of an individual is self-determined or self-motivated. SDT also involves the comparison of the extrinsic and the intrinsic motives. The various types of motivation are described with respect to the degree up to which they are internalized. Internalization mainly refers to the attempts of transforming an extrinsic motive into values that are endorsed personally. SDT is focused on the belief that the nature of humans shows positive features that are persistent and it depicts the levels of agency, effort and commitment.

2.      Motivation

Motivation can be defined as the process of stimulating individuals to achieve their goals. The creation of willingness among the employees in the organization is one of the major task of the management. The leaders play an important role of arousing interest among the employees so that they can perform well in their jobs. The motivation process mainly consists of three major stages, a drive or need, a stimulus where the needs are aroused and the last stage is the satisfaction or the accomplishment of the goals. The major benefits that are provided with the help of motivation are as discussed further. Motivation helps in the achievement of goals, helps in building friendly relationships, leads to the stability in the work force.

3.      Organizational justice

The concept of organizational justice is mainly related to the ways by which the employees judge the behaviour of the company which ultimately impacts the behaviour of the employee. Fairness or justice is focussed on the idea that whether a decision or an action is right on the moral grounds. This can be decided by taking into consideration the fairness, ethics, law and equity related to the organizational policies. Individuals or employees react to the decisions taken by the organizations on a daily basis. The perceptions of the employees about the decisions and whether they are right or wrong can further impact their behaviour in the organization. Fairness plays an important role in the operations of an organization as it can have implications related to the perceptions of injustice of the employees. 

4.      Role of pay in motivation

Payment and monetary compensation play an important role in the organizations. Payment offered to the employees helps in increasing the motivational levels. Although monetary rewards and pay not the only factors important for providing motivation, it however is a major factor that helps in attracting talent to the organizations. Competitive rate of pay is an important way that can be undertaken by the organizations to attract fresh talent. The takeaway that an employee excepts from an organization is a huge motivating factor for the employees. The employers always try to develop fair and effective strategies related to payment, however the monetary attraction also a limit up to which it can help in retaining employees.

5.      Psychological need satisfaction

Satisfaction of the psychological needs of the employees is an important function of the management of an organization. As explained by the self-determination theory, the psychological needs of human beings are mainly divided into three components, which are, competence, relatedness and autonomy. Once these needs are satisfied in the organization, the employees are catalysed to be goal-oriented and motivated. Need related to autonomy deals with the sense of self-initiation instead of coerced or pressured feeling. Need for the competence is related to the sense of self-effectiveness instead of helplessness and passiveness. Need for the relatedness deals with the perception of the extent of love and care from the people who are close to him. The satisfaction related to these three needs can further have a positive impact on the self-growth of the individuals.

6.      Managerial need support

The support provided by the managers play an important role in providing motivation. The managers can motivate the employees to improve their performance and productivity. Motivation can be provided to the employees with the help of proper incentives, fair treatment and compensation. The management plays a vital role in motivating the employees so that they can show their best performance. The managers can understand the needs and the goals of the employees and align them with the goals of the organization. The alignment of the goals of employees and that of the organization requires communication and strategic planning. The managers can motivate the employees by understanding their needs and supporting them to fulfil those. The needs and responsibilities of the employees need to be assessed by the management.

7.      Employee satisfaction

Employee satisfaction can also be referred to as job satisfaction. The satisfaction levels of the employees are decided with the levels up to which they are happy in the organization. Employee satisfaction plays utmost importance for the employees to remain happy and deliver the best performance. The satisfied employees of the organization are the ones who seem to be loyal to the company. Employees always need to be passionate towards the role that they play in the organization and passion can only be developed with the help of satisfaction levels that they get from their work. Employee satisfaction can also lead to a positive ambience in the organizations. The employees seem to complain more and concentrate less on their work.

8.      Intrinsic work motivation

Intrinsic motivation in the organization can be derived from factors that are intangible in nature. Employers or managers can use the intrinsic motivation for the purpose of getting maximum productivity from the employees. This type of motivation can help the employees in developing their goals related to career development. The encouragement given by the management to help the employees in gaining knowledge can act as intrinsic motivation. Providing managerial positions to the employees can help the management in increasing their responsibilities. Responsibility provides intrinsic motivation to the employees. Employees can derive intrinsic motivation from the recognition and accomplishments provided to them.

9.      Interpersonal climate

A climate of communication can be created in an organization with the help of the network developed by interpersonal relationships. The communication climate created by employees in an organization fosters the healthy and open employee relations. The relationship should be healthy both among the employees and with the management. The managers and the workers need to respect and trust each other. It helps in creating a cooperative and effective framework that helps the leaders to implement the strategies effectively and efficiently. Interpersonal communication acts as an important factor in creating a positive climate in the organization so that they can increase their productivity.

10.  Rewards and benefits

Rewards play an important role in providing encouragement towards the positive behaviour and creating values in the organizations. The employers are constantly searching for much more innovative benefits that can be provided to the employees so that they increase their productivity. The human resource managers of the organizations need to think in a more creative manner so that they can provide benefits to the employees. The employers need to provide benefits to the employees so that they can meet the needs of the workforce. This also further helps the organizations in improving the reputation and levels of retention. The rewards and the benefits that are provided to the employees not only help in motivating and retaining the employees, it also helps in attracting and recruiting new employees. Benefits and rewards act as important factors for increasing the employee engagement in the organizations. The poor conditions in the workplace and too much stress can create disengagement in the jobs. The low amount of benefits provided to the employees and the low salary range also act as factors of disengagement for the employees. The long-term problems that are faced by the management and other negative factors can also cause disengagement.

According to me, motivation plays a major role in the organization and it can also influence the behaviour and the productivity of the employees. The amount of pay provided to the employees and the support provided by the management will also motivate the employees. The perceptions of the employees regarding the fairness of the pay provided to the employees acts as a major factor of motivation. The psychological needs of the employees are a major part of the entire motivational process of the organizations. The fulfilment of psychological needs of employees can help in increasing the levels of motivation so that they can provide their best performance. The organizational climate affects the performance and the profitability of the organization. The positive climate in the organization impacts the level of motivation and the ways by which they behave. The management needs to create a positive environment in the organization so that they can motivate the employees to perform in their jobs. The other most important factor according that affects the motivational levels of the employees are the compensations and rewards offered to them. The compensation and rewards that an organization can provide to the employees can also be non-monetary or intangible in nature. The research has further proved the organizational climate and other non-monetary benefits provided to the employees including, chances of gaining knowledge are able to impact the levels of motivation in the organization much more as compared to monetary benefits. The management can also motivate the employees by providing them with positive feedback. The company can promote motivation by providing them with monetary or non-monetary compensation so that they can improve their performance. The acknowledgement provided by the management to the employees also motivates them to improve their performance in the organizations. According to me, the employees can be motivated effectively by the rewards and the recognitions provided by the management. The management should therefore find more innovative ways by which they can encourage the employees to perform more in their jobs by increasing their levels of motivation. This will further help the management in increasing the productivity of the organization and increase their profits in the highly competitive business environment.

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2019). Link Between Money And Motivation: An Analysis Of Self-Determination Theory And Economic Agency Theory. Retrieved from https://myassignmenthelp.com/free-samples/critical-analysis-of-journal-on-motivation-ten-specialized-terms.

"Link Between Money And Motivation: An Analysis Of Self-Determination Theory And Economic Agency Theory." My Assignment Help, 2019, https://myassignmenthelp.com/free-samples/critical-analysis-of-journal-on-motivation-ten-specialized-terms.

My Assignment Help (2019) Link Between Money And Motivation: An Analysis Of Self-Determination Theory And Economic Agency Theory [Online]. Available from: https://myassignmenthelp.com/free-samples/critical-analysis-of-journal-on-motivation-ten-specialized-terms
[Accessed 01 March 2024].

My Assignment Help. 'Link Between Money And Motivation: An Analysis Of Self-Determination Theory And Economic Agency Theory' (My Assignment Help, 2019) <https://myassignmenthelp.com/free-samples/critical-analysis-of-journal-on-motivation-ten-specialized-terms> accessed 01 March 2024.

My Assignment Help. Link Between Money And Motivation: An Analysis Of Self-Determination Theory And Economic Agency Theory [Internet]. My Assignment Help. 2019 [cited 01 March 2024]. Available from: https://myassignmenthelp.com/free-samples/critical-analysis-of-journal-on-motivation-ten-specialized-terms.

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