Material and non-material motivation factors
This paper presents the level of employee motivation at ABC Proizvod from Užice, as well as the structure of material and non-material motivation factors. The aim of the paper is to determine, based on the opinions of employees at the local company in Užice, whether material or non-material motivati...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Pristina in Kosovska Mitrovica, Faculty of Economics
2024-01-01
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| Series: | Ekonomski Pogledi |
| Subjects: | |
| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2024/1450-79512402131J.pdf |
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| Summary: | This paper presents the level of employee motivation at ABC Proizvod from Užice, as well as the structure of material and non-material motivation factors. The aim of the paper is to determine, based on the opinions of employees at the local company in Užice, whether material or non-material motivation factors are more important to them and to determine the degree of motivation present in the mentioned company. Using survey methods, descriptive statistics and Spearman's rank correlation coefficient, it has been concluded that employees are motivated to perform their work tasks and are satisfied with their jobs. In terms of material incentives, the company offers salary increases and additional bonuses, while non-material incentives include opportunities for growth and development, and a pleasant working atmosphere to a lesser extent. Among the motivational factors, the employees appreciate increase in salary the most. |
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| ISSN: | 1450-7951 2334-7570 |