Management Essay Example | Topics and Well Written Essays - 1500 words - 9

Management - Essay Example It was acknowledged that Herzberg related need satisfaction to job conditions: job content and job context; where the job content factor was specifically identified a motivators (Martires & Fule, 2010, p. 15). The aim of the current discourse is to determine lack of job satisfaction and motivation as a contemporary management issue through the use of current events that were published on the subject. Identification of a Contemporary Management Issue In an article entitled â€Å"10 factors creating job satisfaction: what motivates now?† written by Spicer (2010) and published online in the Bradford University School of Management, the author actually delved into a closer evaluation of factors which apparently have been perceived as contributory to motivation. The author sought the participation of an original number of 268 managers across UK and Europe. As disclosed, there were â€Å"10 longstanding factors that research identifies as significant in influencing people’s motivation† (Spicer, 2010, par. 2). The factors were clearly enumerated and presented as Table 1, below: Table 1. Ten Longstanding Factors that Significantly Influence Motivation Factor 2010 2008 Interesting work 1 1 Job security 2 6 Full appreciation of work done 3 4 Good wages 4 2 Promotion and growth in the organization 5 3 Personal or company loyalty to employees 6 7 Feelings of being in on things 7 8 Tactful discipline 8 9 Good working conditions 9 5 Sympathetic help with personal problems 10 10 Source: Spicer, 2010 From the study, it was revealed that the factors most regarded as contributory to job satisfaction in 2010 were: interesting work, job security, and appreciation for work well done (Spicer, 2010). The top factor in 2008 was similar: interesting work, followed by good wages, as well as promotions and growth in the organization (Spicer, 2010). As published in Employee Benefits, â€Å"motivating employees is vital if employers are to achieve maximum performance and productivity. There are a wide variety of methods available for motivating staff, at prices to suit all budgets. These range from recognizing employees' achievements by simply saying 'thank you' to more complex schemes which combine set targets with fixed rewards† (Employee Benefits, 2006, par. 1). This is consistent with Spicer’s findings that acknowledged appreciation for work as a significant motivating factor that contributes to job satisfaction. Concurrently, in another study that aimed to determine the level of motivation and job satisfaction among employees of KFC, UK, the author disclosed that â€Å"non ­financial  factors  have a  significantly  higher  impact  on  the  employee's  motivation than   the  financial   factors†¦(and that)   the  study concluded  that  the  employees  working  at  KFC  UK  Ltd  are adequately motivated, though  a  significant  difference  of  level of motivation wa s   noticed   among   gender,   different   age groups,   working   status,   working   position   and   length   of employment  comparison† (Hossain & Hossain, 2012, p. 21). The study written by Adeyemi and Ositoye (2010) supported the theoretical frameworks on motivation as originally published by Maslow (1954), Koontz, O’Donnel and Weintzrizh (1980) which asserted that â€Å"what really matters in boosting employee productivity or output is not the kind of motivation that is employed but the extent to which the employee is being truly motivated by any chosen method. .. (And) the ability of the employer to identify employee