There are different factors of motivation for the employees. Although McDonald’s is a for-profit organization, the various studies have revealed that principles and theories for motivation are quite similar for both for-profit and not-for-profit organizations. For example in a study, it has been found that performances related pay did not contribute to improved performance of senior staff. Apart from this, it has been identified that feedback & support from seniors and the goal clarity are the major motivators in not-for-profit organizations.
The above aspects have been analysed with respect to the different studies that have been conducted. Firstly, the study has been conducted to analyse the value of intrinsic reward as factors of motivation for employees in not-for-profit organizations. The study reveals that employees are motivated by non-economic rewards. According to this study, the classical agency theory does not adequately explain the motivation of staff, especially in case of not-for-profit organizations.
Another study has been conducted to study the motivation of employees in not-for-profit organizations focusing on Drugo More, an organization in the field of art & culture in Croatia (Ujčić, 2015). According to this study, it has been revealed that the people working for the not-for-profit organizations are aware of the financial constraints that may be there. Thus, the intrinsic factors have a major contribution in the motivation of the workers. The motivation includes appreciation for the efforts and it directly impacts the willingness to work. It has been revealed from the study that the financial factors are least powerful in keeping the employees motivated in the not-for-profit organizations.