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Work motivation in But Son Cement Joint Stock Company | |
Author | Do Thi Hanh |
Note | A project study submitted in partial fulfillment of the requirements for the Degree of Master of Business Administration (Executive) in International Business - Management of Technology (VN), School of Management |
Publisher | Asian Institute of Technology |
Abstract | Human resource is the most important asset of a company on which the success of most today’s business depends. While the need of the today organizations for the employees with high quality and commitment increases significantly, the question about “How to motivate the employees” is more challenging for a company which really wants to develop and sustain their business through their human resources. BSCC is not an exceptional case. In recent years, the rate of turnover at BSCC has been increasing and drives the BSCC into difficult situation. It is time for BSCC leadership and management to pay more attention and priority to staff retention. With understanding of the employee motivation and retention theories and practices, this research studies two groups of factors which can influence the employees in BSCC: (1) Motivation factors and (2) Hygiene factors. Based on the detailed analysis, the research study sets out the recommendations for BSCC (1) Reforming salary policy and bonus, (2) Applying KPI method to evaluate employees, (3) Creating more effective rewards and recognition, (4) Completing an effective training program, (5) Establishing a feedback system, (6) Building more transparent and fair promotion policy |
Year | 2013 |
Type | Project |
School | School of Management (SOM) |
Department | Other Field of Studies (No Department) |
Academic Program/FoS | Master of Business Administration (Executive) in International Business - Management of Technology (VN/BKK)) |
Chairperson(s) | Sununta Siengthai; |
Examination Committee(s) | Supasith Chonglerttham;Tritos Laosirihongthong; |