ABSTRACT
The article presents the employee motivation phenomenon. Thanks to the use of literature review methods, theoretical aspects of the issue were discussed and possible models of motivation, financial and non-financial elements of motivation were presented. The article constitutes the synthesis of employee motivation theory and includes the explanation of how motivation affects employee behavior. The aim of this study is to present motivational models, because the motivation of employees is a difficult and demanding task for employers and managers. Enterprises are focused on multiplying profits, development and maintenance of competitive positions on the market, thus it is necessary to properly motivate and search for new solutions covering financial and non-financial incentives. Considering high costs of retention of the employee in the organization, it is rational to identify, analyze and criticize the theories of motivation underlying the retention of employees in organizations. Low level of unemployment can force many organizations to re-examine their employees’ retention strategies as part of their efforts.
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