Economic Needs Motivation – Rational Economic Model

Topics: Motivation, Science, Scientific method Pages: 2 (466 words) Published: September 14, 2011
|Economic Needs Motivation – Rational Economic Model | |Writers such as FW Taylor (1856 - 1915) believed workers would be motivated by obtaining the highest possible wages through working in the most efficient / productive | |way. In short, the more money you offer the worker, the more motivated they will be to work. Taylor, identified as the Father of Scientific Management, was obsessed | |withoptimising efficiency and productivity in all areas of life. ( Whilst out walking he would attempt to ascertain the optimum length of stride required to cover a | |distance ! ). His most well known research focused on scientifically analysing the tasks performed by workers, and it is through these studies that we can understand | |Taylor's approach to motivation of the worker. | |[pic] | | | |Through the scientific study of work Taylor sought to enable the worker to achieve the maximum level ofoutput, and in return gain the maximum financial reward for their | |labour. The best way to pay a worker according to Taylor was on a performance related basis. In one study he looked at the work of steel workers, and by identifying the | |optimum load of coal per shovel, which would enable the worker to lift the maximum tonnage each day, the steel works plant reduced its workforce from 600 to 140. The | |reward for those workers lucky enough to keep their jobs - 60% higher wages if they met their...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Economics Essay
  • economics Essay
  • Economics Essay
  • Economics Essay
  • business economics Essay
  • Essay on Economics
  • Essay on ECONOMICS
  • economic Essay

Become a StudyMode Member

Sign Up - It's Free