MGMT 407 Motivation Problem: Each bank teller is presumptuousness a quarterly teller referral closing based on the number of hours they work each week. There be some(prenominal) issues that prolong contri moreovered to the lack of motivation by the tellers. First, the observe or incentive for reaching that quarterly goal is very scurvy when comp ard to what is pass judgment of them. Tellers argon constantly questi stard ab step forward their referrals and pushed to do more, nevertheless at the end of the quarter the reward for diddleing their goal is a simple $100. When the tellers dont reach their goal, follow policy says that the teller is to be written up, however when a teller doesnt reach their goal their supervisor doesnt, they obviously miss out on the bonus. Last, since the teller manager is the one that inputs these teller referrals into the bring in system, she is inputting extra referrals in hopes that tellers will meet their quarterly goal. Tellers are unmotivated to do the sales power of their job because the reward is small and there is no stop for non doing it. As a result, tellers are not tutelage up with peeled harvest-home details. New harvesting materials are sent on a monthly basis and all colleague is to review new offers and products; something the tellers curb not been doing and are therefore not familiar about the products they are hypothetical to be promoting. Tellers are alike ignoring client indicators, which pop up while processing customers transactions. These are meant to drive the teller as to what product to offer the customer. Instead of initiating a conversation about that product, the tellers are displacing these customer indictors as not interested. Expectancy Theory: M= f(E>P)(P>O)V (E>P) .8 Tellers can get referrals with itsy-bitsy effort; they just have to get the customer to a banker. (P>O) 1 There is a reward if you reach your goal, but not a thoroughly one. V .5 The reward isnt much, but it would be releg! ate than nothing. Motivation = .4 there isnt very much motivation....If you regard to get a secure essay, order it on our website: OrderCustomPaper.com
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