Incentive theory of motivation

The next theory is Incentive theory of motivation. This is known as the driving force speculation suggests that people are pushed to do things because of outside prizes. We work for getting pay, pay goes about as helper.

The incentive theory is one of the major theory of motivation. There are two type of incentives, "positive incentives and negative incentives". These incentives motivate the people to make change in their work or to complete the goal. For instance in businesses the good incentives may be an additional benefits given to an employee such as job promotion and increase in the salary. These incentives encourage the employees to perform better. They put their heart and soul to attain the goal of an organisation. 

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• Positive incentives: These are the type of incentives which give positive guarantee for satisfying the wants and needs of the people. For example, a supervisor motivate the employee by praising for the job well done. 

• Negative incentives: These incentives given to an employees, when the positive incentives not work. In other words these incentives are provided to ratify the mistakes and errors of the worker which they make on work. 

This theory is very useful for the big organisations. Because it is very important to motivate all the employee together towards a single goal. So this theory helps in motivating them. Moreover, this theory also applied in other sectors, like in universities, colleges and even at your home. As our parents motivate us by saying that if u work hard in your study then they will give anything whatever we want.