Developing motivation model as a strategy for HRM in small enterprises under transitional economy
Year: 2009
Type: article
Abstract: Business conditions under transitional economy are specific since business operations should be performed under significant uncertainty and with limited resources (human, financial, technological resources, etc.). Key factor, needed for overcoming those obstacles, improving companies' performances, and introducing company to the global market are human resources (HR). Motivation of employees is usually one of the major problems occurring while developing human resources. Investigation presented in this paper, which was conducted in small enterprises (less then 100 employees) situated in Southeast Europe, revealed that there are two strongest motivation factors for overall employees' satisfaction with their company. Those motivation factors, which have potential for securing and improving employees' position in the firm, are education and performance evaluation system within the company.
Source: Serbian Journal of Management
Language: English
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W2949530086