Motivational Strategies Essay Example | Topics and Well Written Essays - 750 words

Motivational Strategies - Essay Example Microsoft tries to remove any barriers that create obstacles to learning, therefore it provides quick access to training resources and has designed programs that improve performance and provide guide and support to employees. Concerning engineers, Microsoft provides to them formal and informal classroom sessions, lab workshops with mentors, brief expert-and leader-driven talks, online community discussion, think-tank session, networking evens and online knowledge-management databases made available on the company’s intranet. (T+D,2007). In its Tuition Assistance Program, Microsoft covers all tuition fees and textbooks for courses related to work. Its in-house training programs are quite extensive offering technical and nontechnical skills knowledge. Microsoft’s employees have traditionally low morale. Microsoft in order to overcome this issue has launched the program MyMicrosoft. The goals of this program are: improve work atmosphere, train management, increase investment in the staff share plan, a career plan framework for all employees and some other benefits like grocery delivery, on-site access to laundry, dry cleaning services and the return of a towel service at the company’s gym. Typically, Microsoft’s basic incentive tool were stock options. Nowadays, the stock prices are very low so the stock options are not as an effective incentive tool as it used to be. Microsoft tried to satisfy unhappy employees by offering them the opportunity to sell their worthless options, though they did not get what they hoped to get. Microsoft chose a plan of direct grants of restricted stock to replace options. In this plan.Unlike options, actual shares are guaranteed to provide some value to employees, as long as the company doesnt go under. And at mature companies that pay dividends, employees can make money off their equity without having to sell off shares. That makes it