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2.4 Motivation and rewards

Syllabus
2026
Topic
2.4
Level

2.4.1 Importance of motivation in the workplace

The importance of motivation in the workplace:

  • attracting employees, retaining employees, productivity
  • motivational theories of Herzberg, Maslow and Taylor.

2.4.2 Methods of motivating employees

How businesses motivate employees:

  • financial methods:
    • remuneration
    • bonus
    • commission
    • promotion
    • fringe benefits
  • non-financial methods:
    • job rotation
    • job enrichment
    • autonomy.

Objective notes

2 learning objectives
ConceptIGCSE Business Studies