This document discusses various motivation concepts and theories that can be applied to different work environments. It addresses profit sharing, which provides compensation based on a company's profitability, and gain sharing, which is an independent group incentive scheme. It then examines several case studies, including production workers at a shoe factory, farm workers picking crops, an insurance clerk, a teacher, and employees at a computer company. It explores using incentives, allowances, individual target setting, benefit schemes, and skill-based pay to motivate different types of workers.

1. APPLICATION OF MOTIVATION CONCEPTS AND THEORIES
BY:
KEDAR RISBUD
HITESH JAIN
MANPREET SINGH
MARY DIVYA
JAWAD RUMANE
HEENA JAIN

2. PROFIT SHARING
• COMPENSATION BASED ON MATHEMATICAL
FORMULA DERIVED AROUND COMPANY’S
PROFITABLITY
A. DIRECT CASH
B. STOCK OPTIONS

3. GAIN SHARING
• GROUP INCENTIVE SCHEME
• INDEPENDENT OF COMPANY PROFIT
• DEPENDS UPON

4. PRODUCTION WORKER IN A MEN’S SHOE FACTORY
Who are Production Workers?
Wages is the return given to
workers for their mental and
physical efforts which they put
into the production process.

5. PRODUCTION FACTORY AT BATANAGAR

6. Factors
Below 25
26-35
36-44
45 and above
No.of workers
24
26
6
4
60
%
40
44
10
6
100
HOW DO WE MOTIVATE THESE WORKERS??

7. INCENTIVES BASED SCHEMES
Incentives are an additional
remuneration payable to
efficient workers for their
meritorious performance in
terms of time, costs and
quality to motivate them to
be more productive.

8. FOCUS POINT

9. TYPES OF INCENTIVES AND
ALLOWANCE
INDIVIDUAL TARGET SETTING
BENEFIT SCHEMES

10. EFFECTS

11. FARM WORKER PICKING CHICKOOS
WAGE INCENTIVES
PIECE PAY RATE SYSTEM

12. CLERK PROCESSING INSURANCE
CLAIMS

13. SKILL BASED PAY
• DIVERSITY OF SKILLS
• MORE VERSATILITY, MORE COMPENSATION

14. TEACHER IN A PUBLIC SCHOOL
SKILL BASED PAY

15. FAST GROWING COMPUTER
COMPANY
SKILL BASED PAY

16. THANK YOU