Hyundai Motivation - 3043 Words

Organizations often use various forms motivational methods. Motivation is known to be a type of force which effects on direction, level, and persistence of employees’ effort on performance. The direction, individual’s decision when presented with choices, level, the amount of effort, and persistence, the length of time one puts in, are crucial factors that decide the performance of the organization as a whole. There are various methods in how to improve the motivations: pay for performance, merit pay, skill based pay, gain sharing, and many more. Job designs and alternative work arrangements are also very important in increasing or decreasing employees’ motivation. Our group decided to focus on the motivational factors and the reality of†¦show more content†¦Also, looking over for several years, the superior managers can be well aware of the capability of those employees. As an assistant manager, he or she is usually eager to be promoted and gain more ex perience in the field. This is how the intrinsic reward plays a role. There cannot be a better way than foreign dispatch to prove one’s ability and to learn so much at once. Distant from the materialistic parts of the foreign dispatch, it is a great way to really improve oneself on his career, and this will increase the motivation to go work abroad. One of the most important parts of foreign dispatch is the payment. Payment is quite different when you are working abroad. At Hyundai industry, there are additional payments than the regular paycheck you receive in Korea. The interviewee was hesitant to state the exact number of payment he receives; however, he acknowledged us the fees he received, while staying abroad. $200 is given per night for accommodation, $50 for the meals, and $50 for transportation. All combined, the employees receive about additional $300 each night, addition to the regular paycheck they have been receiving. While working abroad, there is not much entertainment or hobbies to enjoy, so most of the payment is saved. Payment, as it is well known by everyone, is an extrinsic reward of motivation. Payment is one of the most important key factorsShow MoreRelatedInternational Marketing Strategies of Hyundai in India23604 Words   |  95 Pagesâ€Å"International marketing strategies of Hyundai in India† [pic] Sindhu Sharma Bharti MA DISSERTATION 2008 2 | P a g e ABSTRACT The automotive industry has been an industry of rapid growth. It has been successful in providing the best styles, comfort, and powerful enginesRead MoreCase Study : Puente Hills Toyota Essay981 Words   |  4 Pagesand History Hitchcock Automotive Services owns Puente Hills Toyota (PHT), which is a privately held company. In addition to, Hitchcock Automotive Services owning Puente Hills Toyota, they also own two other Toyota dealerships, a Volkswagen, Ford, Hyundai, and BMW dealership, all located in California. 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Humbly accepting the position as the class valedictorian, I have been graced with the task of writing an excerpt that would fill my classmates’ hearts with both comfort and motivation as they embark on an astonishing, new adventure. Though I am pleased to receive such an honour, I simply do not know how to be inspiring. I have even gone as far as to research past valedictorian speeches in hopes of gaining some ideas. However