Substantiating the Research Problem
The circular flow of income illustrates the interdependence between several economic units. For instance, there is an association between households and firms regarding the offering of jobs, salaries, and consumption of goods and services. However, this association, particularly in the mining industry, has become problematic. The firms focus on increasing production at the expense of compensating the employees. Therefore, the employees lack the motivation required to guarantee effective productivity. The following section details the arguments that various authors postulate regarding the scenario
Employee Motivation in the Mining Industry: Similarities Multiple studies cite the factors likely to affect the satisfaction of employees in the mining industry. Yasrebi et al., (2014) noted that the risky and strenuous nature of the job requires high compensation to ensure the workers feel appreciated. The authors also realized the importance of introducing promotional policies and assuring the employees of their importance to the enterprise. The employees in the industry also lack chances to improve their skills since they are not allowed to execute challenging duties. The workers, particularly the older ones, feel as they waste their time performing their routine roles. Samwel, (2015) concurs with Yasrebi et al. by ascertaining that motivational factors need to be present. The firm’s activities and objectives should determine the level of compensation. The motivation should either be monetary or non-monetary (Samwel, 2015; Du Plessis, Keovilay, Marriott & Seth, 2016). That is, the workers can be offered training opportunities, or pay rises to improve their work