Employees' Intrinsic Motivation in Peter Wurm GmbH & Co. KG

Nicole Schlueter

Student thesis: Master thesis

Abstract

The thesis is providing an overview of the different perspectives on the concept of motivation. The focus is always the employee’s intrinsic motivation and the influence it has on performance. Both the economical perspective with the Agency Theory taking influence on the extrinsic motivation and the psychological perspective with need satisfaction trying to simulate the feeling of intrinsic motivation will get compared. The thesis also reviews the link between intrinsic and extrinsic motivation while taking into consideration the crowding-out effect. The thesis is taking the view that every external intervention on the extrinsic motivation possibly decreases intrinsic motivation and should therefore be very carefully used. Supporting perceived intrinsic motivation is always linked to performance and should therefore be preferred way to influence employees’ motivation.
Further the thesis is analyzing a current motivational situation in a case company while using an economical and a psychological framework which are highlighting the importance of job design and need satisfaction on intrinsic motivation and performance. The analysis will provide the reader with a detailed insight of the motivational situation in a small family-owned manufacturing business. Identifying and analyzing existing problems as well as comparing different views of the employees and giving suggestion to improve in the future will be the main part of the thesis. Upon that tool for inspiring commitment and increasing engagement like empowerment and feedback will be present and discussed.

EducationsMSc in Accounting, Strategy and Control, (Graduate Programme) Final Thesis
LanguageEnglish
Publication date2017
Number of pages104
SupervisorsTamás S. Vámosi