Why do business owners work to motivate their employees?

Question

What will be an ideal response?

Answer 1

One reason managerial motivation is so difficult to use is that there are different purposes for motivating people, each of which requires different incentives. Usually managers use motivation to (1) attract potential employees, (2) improve performance, and (3) retain good employees.
If an employer wants to encourage potential employees to work for him or her, the employer must find and use incentives that appeal to a person needing a job. These incentives usually include a good income, pleasant working conditions, promotional possibilities, and sometimes a signing bonus.
A business owner can also use motivation to improve performance and efficiency on the part of present employees. He or she can do this by praising good work, giving employees more responsibility, publicly recognizing a job well done, and awarding merit salary increases.
Motivation can also be used to retain one's present employees. This is accomplished primarily through the use of employee benefits, most of which are designed to reward employees who stay with the company. However, many other incentives can help explain today's work force retention, many of them individual and personal.