Critical analysis of motivational factors and job performance in the contemporary era

Abstract

This study aims to explore different motivational factors and investigate their relationship with job performance. The respective study analyzed secondary data, i.e., articles, reports, periodicals, and books on the subject matter. The study revealed a positive and significant relationship between motivational factors and job performance, as motivation is the key to performance in the contemporary era. It also showed that monetary and non-monetary incentives act as factors that motivate employees to enhance job performance. However, more than financial incentives are needed to improve job performance. The combination of monetary and non-monetary incentives can produce better results in terms of job performance. As cultural variation may change the effectiveness, therefore, the knowledge of culture has efficacy for national and international organizations to formulate and implement appropriate incentive programs. The prospective study will facilitate researchers, managers, and private and public organizations regarding the phenomena under evaluation.