What are the two types of employee motivation?
Here, we delve a bit deeper into the two types of employee motivation.
1. Intrinsic motivation
Intrinsic motivation is that good feeling comes from doing the activity itself. It is arguably the strongest type of motivation and often the most difficult to elicit. The three core components of intrinsic motivation are autonomy, purpose, and mastery.
So, if we think about how we can nurture these components in a professional setting, we start with trust, goals, and support. But how do you do this?
First of all, avoid micromanaging to build trust. Next set goals, these could be learning and development-related or project-based. Finally, to promote mastery, you should support your people with the tools they need to do their job, so that they can realise their potential.
Nevertheless, company culture is key to nurturing this type of motivation. If people aren't happy where they work, they can never be truly intrinsically motivated.
2. Extrinsic motivation
Extrinsic motivation depends on outside sources, while someone can be both intrinsically and extrinsically motivated. Intrinsic motivation can exist independently for a very long time, whereas extrinsic motivation is fickle and can fade quickly.
Rewards, bonuses, and perks are great external motivators, but they are very context-dependent. What we mean by this is that for a reward to be truly effective in motivating an employee, they must value it.
Fortunately, though, there are plenty of ways of keeping external motivators fresh and novel. Take Perkbox, for example. It has thousands of rewards, perks, freebies, and discounts. Moreover, because of its points-based reward system, employees get to choose the rewards they want.
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