Financial Motivators | Methods of Financial Motivation Explained | Remuneration, Fringe Benefits etc finance motivation

by alsaCEMusic



Watch this video if you want to understand the most effective methods of financial motivation a business can use to motivate its employees.
SUBSCRIBE:

This video explores the commonly used methods of financial motivation (listed below), providing you with an explanation of each, alongside some of the related benefits and drawbacks:

✅Remuneration
✅Performance Related Pay (Bonus & Commission)
✅Promotion
✅Fringe Benefits (Profit Sharing etc.)

After watching the video, remember to attempt our featured question.

Also, a free supporting activity worksheet is available to download for free so you can apply your knowledge of financial motivators in the workplace via the following link:

If you are interested in business, then subscribe to our YouTube Channel for lots more Business Studies content. Videos are uploaded weekly, so why not learn everything there is to know about the world of business:

Follow us on the following socials to see even more Business Studies content:
Instagram:
Facebook:
Twitter:

#BusinessStudies #GCSEBusinessStudies #ALevelBusinessStudies .

Images related to the topic finance motivation

Financial Motivators | Methods of Financial Motivation Explained | Remuneration, Fringe Benefits etc

Financial Motivators | Methods of Financial Motivation Explained | Remuneration, Fringe Benefits etc

Search related to the topic Financial Motivators | Methods of Financial Motivation Explained | Remuneration, Fringe Benefits etc

#Financial #Motivators #Methods #Financial #Motivation #Explained #Remuneration #Fringe #Benefits
Financial Motivators | Methods of Financial Motivation Explained | Remuneration, Fringe Benefits etc
finance motivation
You can see more ways to make money here: see more here
You can see more ways to make money here: see more here

Related Posts

6 comments

Two Teachers 23/01/2022 - 5:57 Chiều

FEATURED QUESTION comment your answer below: which method of financial motivation would be the most effective method to motivate you personally and which methods would you choose to motivate your employees if you owned a business?

Reply
AllThingsFootball 23/01/2022 - 5:57 Chiều

muchas gracias afficion GOATED channel love the content but get ratioed + NBAYB better in my books lol

Reply
Lucas FLYNN 23/01/2022 - 5:57 Chiều

oliver isa sad shit

Reply
Monica Kang 23/01/2022 - 5:57 Chiều

I believe the best financial motivation is promotion. This is the best method as employees will get them closer to self-actualisation. This allows the businesses being able to show appreciation for their employees as they allow them to move up the career ladder. In addition, employees will be able to show to other managers that they can take on more responsibilities and they will feel like they are brining more to their job. This will motivate staff to do better as they know they want to please people, hence why they applied for the promotion in the first place.

Reply
melicia kabongo 23/01/2022 - 5:57 Chiều

Hi Sir,
Would you mind telling me the two main advantages of financial motivation? And why employees and employers favour this method?

Reply
Q 2 L 23/01/2022 - 5:57 Chiều

Hey how u doing thanks for all business videos they are really helpful. I got 3 A level business exams in January do u have any advice or tips. I appreciate your effort ❤️

Reply

Leave a Comment