The Power of Intrinsic Motivation: The Key to Unlocking Success and Happiness in Life
Boosting the Bottom Line: Top 5 Ways Understanding Intrinsic Motivation Can Benefit Companies
Understanding intrinsic motivation is important for companies looking to improve their bottom line because it can lead to higher employee engagement, productivity, and retention. Here are the top 5 reasons why:
- Increased Productivity: Intrinsic motivation leads to employees being more engaged, committed and focused which ultimately increases productivity.
- Better Retention: Employees who are intrinsically motivated are more likely to remain loyal to the company since their motivation comes from within and they are less likely to be influenced by external factors like salary or job security.
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Lower Absenteeism: Intrinsic motivation leads to a sense of purpose and meaning in the work being done, leading to lower absenteeism rates as employees find value in coming to work each day.
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Higher Job Satisfaction: Intrinsic motivation helps employees find joy and fulfillment in the work they are doing, leading to higher job satisfaction and ultimately a more positive work environment.
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Improved Innovation: Intrinsic motivation sparks creativity and ideas as employees are encouraged to think critically, take risks, and explore new solutions to challenges. This ultimately leads to improved innovation and progress for the company.
