The strength of any organization, to a large extent, depends on the quality, knowledge, abilities and performance of its workforce. When people are recruited, more so in the context of knowledge-based organizations, every care is taken to select people who possess necessary and required capabilities. But to the dismay of organizations, the performance of its employees is not matching with the expectations of the organizations. In fact, this is the beginning for motivational theories and scholars researched on how to motivate employees to get the best out of themwhich they are capable of and paid for.
There is abundant literature on this from Mc Gregor, Maslow, Alderfer, Murray, Herzberg, McClelland, Vroom, Porter-Lawler, Adams, Skinner and others (Fred Luthans 2005 and others). Consequently, several measures are being adopted by almost all the organizations to achieve excellence in workplaces; notable among the measures are recognizing and rewarding employees through incentives, gain-sharing, profit-sharing, offering benefits, perks and arranging flexi-times. In the process, HRM has come into prominence. The objectives of HRM are not only to ensure right people for right job but also to achieve organizational excellence by ensuring the right people selected for the right job perform in the right way. |