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Apple are able to motivate their employees to not only do they're job effective and efficiently, they also make sure the employees enjoy doing it. To achieve this, Apple uses both financial and non- financial rewards.
financial rewards : Financial techniques refer to monetary rewards, pay may be seen as the only reason for working but there are other reasons .
examples of financial rewards: wages, salary, profit sharing, commission, bonus, etc.
Non- Financial Rewards : Non-financial incentives do not involve money payments. These are also important in motivating employees as they bring in psychological and emotional satisfaction to them.
examples of non- financial rewards: Job rotation, job enrichment, job enlargement, job security, fringe benefits etc.
financial motivators
The average Apple salary ranges from approximately $26,973 per year for Technical Support Representative to $159,661 per year for Engineering Project Manager.
High pay motivates employees to work harder.
Apple makes sure their employees are given jobs that are not easy, instead they give them challenging ones. The employees are pushed to their maximum potential so that they could improve and have better performance. The employees will feel respected because they are believed that they have the potential to achieve challenging task and thus strive for good performance results.
When Apple hire excellent people, they will give them a part of the business and make them run it by themselves as this allows them to make good decisions.