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IISL Ltd is one of the leading companies...

IISL Ltd is one of the leading companies in automobile sector. The company lately closed its incentive schemes to enjoy the profits solely, This resulted in inefficiency of workers.
(i) What was the reason behind the poor performance of workers
(ii) What steps can be taken now to motivate worker? (any four).

Text Solution

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(i) The reason behind poor performance of workers is withdrawal of incentives', which leads to lack of motivation.
(ii) Following steps can be taken to motivate workers:
(a) Provide financial incentives like bonus, perquisites etc.
(b) Increase in the wages of workers. (c) Provide them opportunity for career advancement.
(d) Provide greater autonomy, participation and empowerment in decision-making.
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