Abstract

Human capital is one of the main determinants of the business success and plays a major role in meeting corporate goals and business systems development. An important task of human resource management is to create the system of motivation for staff development and promotion with determining the areas and factors lead to employee satisfaction and advanced motivation especially in the case of multinational corporations. The aim of the paper is to evaluate the efficiency of the business’s motivation tools in use and investigate the human resources as the most valuable and complex resource of business effectiveness improvement with the purpose of development relevant motivation mechanisms for multinational Slovak corporations. The research provided in multinational companies was focused on descriptive analysis and surveys and as a result were collected information about quality of human resource management and relevant motivation tools. Conducted correlation analysis is proved the hypothesis about the relation between job satisfaction and the time already spent at the company. Testing the second hypothesis about efficiency of the companies contributions to motivation system performance demanded additional using of specific Cramer’s and Chuprov’s coefficients which disproved correlation between existent motivation system and employees extent satisfaction. With the purpose of understanding the nature of different motivation the system of factors was graded by respondents on a five-level scale according to how important a given factor was for each person. The results of ranking have shown the chain of priorities for multinational company’s staff. It is financial security, long-term employment, good working conditions, professional development, opportunities for promotion, training opportunities, self-fulfilment.  

Keywords: human resources, management, motivation, satisfaction, commitment, multinational corporation, corporate subsidiary

JEL Classification: L20, M12, M54.

Cite as: Machova, R., Kosar, S. T., & Hevesi, A. (2018). Management and motivation of human resources in case of a Slovak multinational corporation. Marketing and Management of Innovations, 3, 174-185. https://doi.org/10.21272/mmi.2018.3-15

This work is licensed under a Creative Commons Attribution 4.0 International License

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