The Motivational Theories Of SAS And Grenada Cooperative Bank

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Both SAS and Grenada Co-operative Bank use a combination of motivational theories to motivate their staff. SAS applies principles from both Maslow’s Hierarchy of needs and Hertzberg’s theory. SAS like Co-op Bank provides a combination of monetary and monetary rewards. Employees of SAS view supporting facilities such as daycare and gym facilities as facilities that keep them close to their families. Linder Clover, Director of A&D of SAS remarked that she can take her daughter to lunch every day without having to encounter the inconvenience of leaving her job (Why SAS is the best place to work, 2010). The daycare is located on the premises of the company which allows parents the opportunity to bring their children to work and visit them during the day. Management and employees at SAS both agree that they are motivated to work. Employees at SAS openly admitted that they would not leave their job even if another company offers them a better paying one. This could be because the salary received plus the additional benefits that the company offers (daycare, gym, cafeteria among others) far outweighs any increase in salary they could ever receive. This is evidence of Herzberg’s’ theory. Employees are not motivated by hygiene factors therefore, their main concern isn’t simply an increase in salary. Although SAS provides many hygiene factors employees appreciate the fact that they are involved in decision making and that they are recognized. Further, employees at SAS benefit from

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