Review on Motivational Theories & Models: Its application for Employees’ Retention in Organizations

Abstract

Employees are the most important resource of an organization. Their significance to organizations calls for not only the need to select the best employees but also the necessity to retain them in the organization for a long period. This paper focuses on the review and analysis of motivational theories and models to identify how their ideas can be used for the retention of employees in the organization. This research closely looked at the following five theories and three models: 1. Job embeddedness theory, 2. Maslow’s theory of Hierarchy of Needs, 3. Hertzberg’s theory, 4. David McClelland’s theory of motivation and 5. Job coupling theory etc., The models were chosen are 1) Zinger Model, 2) ERC‘s Retention Model. 3) Integrated System for Retaining Employees. The study concluded that further investigations need to be conducted on employees’ retention on different businesses and industrial setup to better comprehend this complex field to better equip organizations with the knowledge necessary to improve their retention capability.

Performance Motivation and Employees of Different Generations in Slovak Industrial Enterprises

“…Based on the above, we can say that one of the leading tasks of companies is to identify and work with the motivation of employees, who are the key capital of companies (Arshed, Rauf & Bukhari, 2021). Many types of research focus on measuring and analyzing motivation solely in terms of the arrangement of motivational factors (Ližbetinová et al, 2020;Stachová et al, 2018;Hussainy, 2020), which are easily influenced by companies.…”