RETENTION & MOTIVATION

  Why Self-Actualization Is Important at Workplaces?       According to Maslow, self actualization happens when he/she maximize your potential, doing the best that you are capable of doing. Some of the self-actualized people that Maslow studied was Abraham Lincoln, Thomas Jefferson and Albert Einstein who have the common characteristics of self-actualized personality (Sze, 2017).   Characteristics of a Self-Actualized Person (Sze, 2017) l  Self-Actualized face the unknown- They are not threatened or afraid of it, they accept it, are comfortable with it and often attracted by it. They do not cling to the familiar. l  They accept themselves together with all their flaws- They accept shortcomings that are immutable, they feel ashamed or regretful about changeable deficits and bad habits. l  They prioritize and enjoy the journey, not just the destination l  They are motivated by growth, not by the satisfaction of needs l  Self-actualized are...

    The New Trend of Work- Gig Economy. Is it the Future and Challenges that come with it   Source: The gig economy and worker safety | November 2017 | Safety+Health (safetyandhealthmagazine.com)   Let us first define what is the Gig Economy before we go into our analysis. According to the UK government it is the exchange of labour for money between individuals or companies through digital platforms that actively facilitate matching between providers and customers on a short-term and payment-by-task basis (Charlton, 2021). Examples of the gig workers include short-term contracts, freelance work and independent projects. Companies such as TaskRabbit, Fiverr and Handy are famous in the Gig Industry (Lavri, 2023).This blog will focus on discussing its advantages, drawbacks, its effect on traditional businesses, its future and   and its challenges.   The Advantages and Disadvantages of the Gig Economy   Arguments For 1. The Flexibility its br...

  Should Companies focus on Financial Incentives or Intrinsic Motivators?     Source: IDE 736: Reflection 3: Intrinsic vs. Extrinsic Motivation (olieide736.blogspot.com)   Usually, we think that the best way to boost productivity is by of monetary incentives. Many organizations are focused on financial incentives that serve as extrinsic motivators. However, extrinsic motivation becomes a way to manipulate behavior rather than inspire desired outcomes. Nevertheless, to achieve the goal of leading an innovative, collaborate and adaptive workforce, intrinsic motivation is important (Cohen Bendon, 2021).   Just what is Extrinsic Motivation. It is behavior driven by external rewards such as money, fame., grades and praise. Using financial incentives as a motivator assumes that people are economically driven and completely rational. However, assumptions are often disproved by empirical findings and facts. Even if money is a motivating factor, it is more ...