Correlation Aspects of Employee Performance Metrics – Management through Promotion of Non-economic Motivation Factors Cover Image

Correlation Aspects of Employee Performance Metrics – Management through Promotion of Non-economic Motivation Factors
Correlation Aspects of Employee Performance Metrics – Management through Promotion of Non-economic Motivation Factors

Author(s): Jana Aleksić, Mirjana Landika
Subject(s): Social Sciences, Economy
Published by: Udruženje ekonomista i menadžera Balkana
Summary/Abstract: Motivating employees in the company is a challenge for the management and the entire company structure. Motivation factors can be measurable, whether they are internal or external. Also, it is important to point out that internal psychological factors have a great impact on employees, sometimes more than the classic economic factors.New, assumed factors in this psychological insight relate to the application of spiritual techniques in the company that can have a motivating effect on employees in the company. This paper aims to show which types of profles accept changes through a new set of spiritual factors, in order to increase business efciency, and what are the reasons for their acceptance.Business efciency is measured and expressed by the ratio of achieved results and investments required for their realization. The number of factors that determine business efciency requires careful analysis and a scientific approach in taking into account quantitative factors, as well as their quantifcation and modeling the consequences of their level of presence in the business system.Expressing the contribution of qualitative factors to the business result is possible by using adequate statistical analysis, which refers to surveying respondents involved in business activities, quantifying their attitudes, and examining the rank correlation within the selected variables.