Recession and motivation factors in the workplace in the UK
This dissertation is concerned with recession and the effects it has had on the motivation factors in the workplace. In 2008 the government announced during the duration of the second quarter the UK would go through a small recession, this was known as the 'Credit Crunch', this however is now carrying on peaking in to the late 2010. This recession has created a number of problems such as an increase in redundancy numbers and also an increase in the unemployment rate. A recession can have a negative impact on people. The evidence in my writing indicates that the recession influences the way employees are motivated at work. The topic area that has been chosen is motivation, as this is the main factor that is important for any employees and employers that are working for any business. This will be carried out and will be explained in detail what is motivation and how is it important for the business. Motivation is an understanding within the business and is expressed in every different level for employees; the researcher will define motivation for the purpose of this. "A state arising in processes that are internal and external to the individual, in which the person perceives that it is appropriate to pursue a certain course of action (or actions) directed at achieving a specified outcome (or outcomes) and in which the person chooses to pursue those outcomes with a degree of vigour and persistence"
This research shows the expectations of motivation and how peoples needs and their expectations of working in a busy and successful environment and what their role is and how they are motivated.
This chapter will introduce the topic of recession and employee's motivation in the workplace and set out the aims and objectives of this research paper.
The recession and the cause
In the second half quarter the UK economy began to suffer, this resulted into a recession. A recession is known as a decline in the Gross Domestic Product (GDP). As the recession took place this was also known as a credit crunch but the later on discovered that is was a recession that was taken place.
The aim of the writer is to research motivation and the use of motivation in the workplace. The importance of motivation procedures are carried out to ensure that the main focus is to see how effective the monetary policy is and how it may be related to motivation so that the research can see whether money is the factor due to the recession. This is known as a reward and incentives scheme in a working environment. To measure the importance of the monetary there are also other factors that will be discussed to see whether the monetary factor in relation to other non monetary factors.
A breakdown is given of the two types of research methods, positivism and...