A Study on Employee Motivation in Cement Industry

The purpose of this study is to examine the financial and non-financial factors of motivation, which are used in cement industry and to study the effectiveness of financial and non financial aspects on employee motivation. In the context of employee motivation, incentives have been used as motivational tools for encouraging and motivating employees to exert extra effort, and to improve employee work performance and productivity. Thus, incentives are playing a key role in motivating employees. The questionnaires prepared for this purpose, are applied to 50 employees at cement industry. According to the results of the analysis, a significant relation is observed between the financial and nonfinancial incentives on employee motivation. When these relations are compared, the result is that the attitudes towards non financial incentives have a stronger effect on employee motivation than the attitudes towards financial incentives.

The research findings also indicated that Employees in the cement industry are motivated by nonfinancial incentives such as Job security, job enrichment, fair treatment to employees Recognition of good work, Encouragement for self-development and career development, Delegation of authority to subordinates rather than financial incentives. At the same time financial incentives also important to motivate employees so company should take care about financial incentives. In this regard, it can be concluded that employees can be motivated by financial incentives and also by non financial incentives.