Fostering Employee Performance: A Literature Review

Abstract

Human resource is an important and indispensable part of a business organization. Qualified workers ensure greater productivity. Strengthening employee performance ultimately benefits the company. Qualified, skilled, and motivated workforce contributes a lot to achieve the organization’s success. Motivation is a key determinant of job performance. If the employees are poorly motivated then there will be excessive staff turnover and negative morale which will increase cost. Therefore, management spends much time to know what exactly stimulates their staff so that resources are not misused. There is a tremendous research on motivation. The researchers have tried to find out what actually stimulates the performance and to what extent. In this paper we have reviewed many literatures on motivation and have found that traditionally it was believed that money or extrinsic reward can boost performance. But in present day money alone cannot stimulate employee behavior. Now employees are more aware of their career development, job enrichment, association with management and empowerment. By ensuring a congenial and harmonious work atmosphere organizations can motivate employees and foster their performance.

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