ĐẠI HỌC QUỐC GIA HÀ NỘI KHOA QUẢN TRỊ VÀ KINH DOANH --------------------- NGÔ THỊ HIỀN CREATING WORK MOTIVATION FOR SALES STAFFS AT TRUONG HAI AUTOMOBILE JOINT STOCK COMPANY TẠO ĐỘNG LỰC LÀM VIỆC CHO NHÂN VIÊN KINH DOANH TẠI CÔNG TY CỔ PHẦN Ô TÔ TRƯỜNG HẢI LUẬN VĂN THẠC SĨ QUẢN TRỊ KINH DOANH HÀ NỘI - 2019 TIEU LUAN MOI download : skknchat@gmail.com ĐẠI HỌC QUỐC GIA HÀ NỘI KHOA QUẢN TRỊ VÀ KINH DOANH --------------------- NGÔ THỊ HIỀN CREATING WORK MOTIVATION FOR SALES STAFFS AT TRUONG HAI AUTOMOBILE JOINT STOCK COMPANY TẠO ĐỘNG LỰC LÀM VIỆC CHO NHÂN VIÊN KINH DOANH TẠI CÔNG TY CỔ PHẦN Ô TÔ TRƯỜNG HẢI Chuyên ngành: Quản trị kinh doanh Mã số: 60 34 01 02 LUẬN VĂN THẠC SĨ QUẢN TRỊ KINH DOANH NGƯỜI HƯỚNG DẪN KHOA HỌC: PGS. NGUYỄN NGỌC THẮNG HÀ NỘI - 2019 TIEU LUAN MOI download : skknchat@gmail.com DECLARATION The author confirms that the research outcome in the thesis is the result of author’s independent work during study and research period and it is not yet published in other’s research and article. The other’s research result and documentation (extraction, table, figure, formula, and other document) used in the thesis are cited properly and the permission (if required) is given. The author is responsible in front of the Thesis Assessment Committee, Hanoi School of Business and Management, and the laws for above-mentioned declaration.
TIEU LUAN MOI download : skknchat@gmail.com LỜI CẢM ƠN I would like to express my deep gratitude to the Associate Professor - Dr Nguyen Ngoc Thang, who kindly guided and instructed me during the research and completion of this thesis. Thank you very much to all the Hanoi school of Business and Management, Vietnam National University, Hanoi for their dedicated teaching and knowledge transfer during the MBA course. Thank you sincerely to all colleagues, business staff, managers at Truong Hai Automobile Joint Stock Company for facilitating and supporting me in the process of collecting research data. Wishing you all teachers, all your brothers and sisters with lots of health, lots of success in work and in life.
Sincerely thank! Date…………………………. Ngô Thị Hiền TIEU LUAN MOI download : skknchat@gmail.com TABLE OF CONTENTS LIST OF TABLE. i LIST OF FIGURE.1 CHAPTER 1: THEORY FRAMEWORK ON WORK MOTIVATION, FACTORS AFFECTING THE EMPLOYEES’ WORK MOTIVATION. Concepts on work motivation.
Concept on work motivation: .3 Necessity of motivating employees.4Work motivation-related theories .1 Abraham Maslow's need theory. Herzberg's two-factor theory .3 Skinner's Reinforcement Theory of Motivation .4 John Stacey Adams' equity theory .5 Factors affecting the employees’ work motivation .2 Promotion opportunities and training .6 Award and recognition policy .8 Brand and corporate culture.6 Some enterprises’ experience in work motivation and lesson for Truong Hai Automobile Joint Stock Company. Experience of Sai Gon Mechanical Electrical Joint Stock Company .2 Experience of Coca-Cola Beverages Vietnam Limited .3 Lesson for Truong Hai Automobile Joint Stock Company .24 CHAPTER 2: RESEARCH METHODOLOGY .26 TIEU LUAN MOI download : skknchat@gmail.1 Questionnaire survey method .3 Survey and data collection .5 Data processing method .28 CHAPTER 3: EXISTING STATUS OF MOTIVATING SALE STAFF IN TRUONG HAI AUTOMOBILE JOINT STOCK COMPANY; MAIN FINDINGS .1 Introduce of Truong Hai Auto Corporation.1 Overview of Truong Hai Auto Corporation .5 Development strategy milestones .9 Business performance results .2 Existing status on work motivation of sale staff .1 Salary and salary-based allowances.3 Treatment and welfare regulations .6 Working environment and corporate culture .50 TIEU LUAN MOI download : skknchat@gmail.4 Service length characteristics .6 Statistics of factors affecting the work motivation .4 Contributions of the study .65 RECOMMENDATIONS ON IMPROVING WORK MOTIVATION FOR SALE STAFFS AT TRUONG HAI AUTOMOBILE JOINT STOCK COMPANY .1 Income and welfare .2 Award and recognition policy .4 Promotion opportunities and training .70 LIST OF REFERENCES .72 TIEU LUAN MOI download : skknchat@gmail.company LIST OF TABLE Table 2.2: Job attractiveness scale .3: Promotion opportunities and training scale .4: Work relationship scale.5: Income and welfare scale .6: Award and recognition policy scale.7: Working environment scale .8: Brand and corporate culture scale .9: Leadership style scale .10: Employees’ work motivation scale .1: Sale staff’s evaluation on job attractiveness .2: Sale staff’s evaluation on promotion opportunities and training .3: Sale staff’s evaluation on work relationship .4: Sale staff’s evaluation on income and welfare .5: Sale staff’s evaluation on award and recognition policy .6: Sale staff’s evaluation on working environment .7: Sale staff’s evaluation on brand and corporate culture .8: Sale staff’s evaluation on leadership style .9: Work motivation and working attitude of employees .1: KPI for evaluating sales activities .66 i TIEU LUAN MOI download : skknchat@gmail.company LIST OF FIGURE Figure 1.1: Maslow’s hierarchy of needs .2 Two-factor theory .1: Survey and investigation procedure .2: Factors affecting the employees’ work motivation .1: Labor structure by gender of sale staff .2: Labor structure by age of sale staff .3: Labor structure by qualification .4: Labor structure by service length .5: Labor structure by income .52 ii TIEU LUAN MOI download : skknchat@gmail. Rationale Human resources are always the most valuable asset of each enterprise.
In the globalization and economic integration trend, the competitive environment among enterprises has become increasingly severe, requiring enterprises to pay attention to building, developing and training human resources in order to improve their qualification and bring about high work efficiency. Work motivation is one of the key determinants of human resources development in every enterprise. When the enterprise creates high work motivation for staffs, they will be passionate, inquisitive, creative and willing to contribute to the Enterprise. On the contrary, if they do not have motivation, they will work with a modest attitude and not show their maximum ability, leading to lower work efficiency and affecting the overall goal of the Enterprise.
In fact, Enterprises have been creating different work motivations for employees. However, there are still many inadequacies and their working conditions have not satisfied the requirements of employees, the welfare system is not satisfactory and the working environment is still limited. Enterprises attach importance to profits and development objectives but they neglect to encouraging and motivating employees to work and devote all their abilities and capabilities to work for the development goals of the Enterprise. Truong Hai Automobile Joint Stock Company is a leading corporation in Vietnam specializing in manufacturing, assembling and distributing coaches, trucks, buses and also the Number 1 enterprise among Top 500 largest enterprises in Vietnam in 2017.
In the current automobile market with increasingly fierce competition between car manufacturers to achieve sales targets, in addition to building and expanding the sales system nationwide, improving the quality of products and services, the car manufacturers also pay attention to reward and welfare policy; training and development of staffs. Truong Hai Automobile Joint Stock Company has also paid much attention to building, training and changing 1 TIEU LUAN MOI download : skknchat@gmail.company many policies, reward regimes and benefits to encourage, develop and retain sales staffs for 3 recent years. However, the sales staffs’ resignation rate is still quite high, up to 40% per year. In the above situation, I decided to choose the theme “Creating work motivation for Sales staffs at Truong Hai Automobile Joint stock company” with the desire to create higher motivation for its employees and help it grow drastically and achieve its strategic objectives in business activities.
Literature review Creating work motivation for staffs is one of the factors that have a great impact on the work efficiency as well as the achievement of the goals of an enterprise. Motivated employees will be aware of the work they are doing, work hard, love their job and commit to working for the enterprise in a long-term, constantly strive to study and improve their skills, research and find out the ways to do work effectively. The world’s famous motivation doctrines are: - Abraham Maslow’s demand theory - Frederick Herzberg’s two elements theory - Victo Vroom’s expectation theory - Stacy Adam’s Justice Theory These doctrines have been applied in many areas of social life from economics, military, medicine and many other fields. In Vietnam, there are also many monographs, research works, dissertations, scientific articles on work motivation creation such as: Nguyen Van Diem, Nguyen Ngoc Quan (2015), “Human Resources Management” Textbook, Hanoi National Economics University Publishing House.
The textbook gives an overview of human resources management; human resource planning and arrangement; work motivation creation; development and evaluation of human resources; remuneration and benefits; wage and salary management; financial incentives; labor relations; safety and health for workers. Le Thanh Ha, Nguyen Thi Hong, Nguyen Ba Ngoc, Pham Ngoc Thanh (2012), “Human Resources Management” textbook, Hanoi University of Labor and 2 TIEU LUAN MOI download : skknchat@gmail.company Social affairs Publishing House. The textbook covers the basic issues of human resources use, work motivation creation, human resources training and development. Remuneration and welfare for employees and the contents of labor relations in the organization.
Vu Thi Uyen (2008), “Creating motivation for managers in state-owned enterprises in Hanoi until 2020” PhD dissertation, National Economics University. The dissertation emphasized the role of managers in the enterprise and motivation creation for managers; Analyzed the current status of motivation creation for managers in some enterprises in Hanoi City; thereby giving some solutions to motivate managers in enterprises.” Nguyen Thi Phuong Lan (2015), “Improving the motivation creation tools for civil servants in state administrative agencies”, PhD dissertation in Public Management, National Academy of Public Administration. The dissertation has studied the published scientific works related to motivation creation for staffs in organizations in general and civil servants in the State administrative agencies (SAA) in particular; analyzed and evaluated these scientific works to point out the strengths, weaknesses and gaps in research to build the scientific bases for the theme; researched the current status of work motivation creation for civil servants in the State administrative agencies in Vietnam from 2001 to present; Proposed solutions to improve the work motivation creation tools system for civil servants in the State administrative agencies. Nguyen Thi Phuong Dung (2016), “Work motivation of office staffs in Vietnam”, PhD dissertation, University of Economics, Ho Chi Minh City.
The author has discovered and measured the factors that make up work motivation of office staffs in Vietnam; Determined the impact of the staffs’ perceptions and beliefs in the organizations and informal relationships at the workplace on work motivation; Developed and tested a theoretical model of the relationship between work motivation and behavioral outcomes based on the social context in Vietnam; Verified the difference in work motivation based on personal characteristics, geographic location and working area. The test results of the theoretical model 3 TIEU LUAN MOI download : skknchat@gmail.company showed that belief in an organization has a very great influence on the behavioral outcomes of employees. In addition, the research also indicated that personal relationships altered the relationship between organizational beliefs and work motivation of employees. It not only impacted directly behavioral outcomes but also indirectly through motivation.
Meanwhile, the previous research suggests that financial rewards are an important factor motivating employees to work. This finding contributes to and brings about a new view of scientific theory that not only financial policy but also other factors such as employee’s belief in the organization play an important role in creating their work motivation. Some scientific articles: Truong Minh Duc, Application of the quantitative model to assess work motivation creation for employees of ERICSSON Limited Liability Company in Vietnam, Science Journal, Vietnam National University, Hanoi- University of Economics and Business dated July 02, 2011. The author shows that the effective management and use of labors is always a top concern of Vietnamese enterprises at present.
The recruitment and arrangement of the right people and the right work is very important but encouraging, motivating and creating work motivation for employees to maximize their intellectual ability is the most critical issue in the use of labors.