Abstract:
Motivating the employees is considered one of the essential manager’s skills. Knowledge
of powerful motivation factors allow managers to motivate employees effectively. It results in moti vated employees able to affect a success of enterprises and its competitive advantage. Following the
research carried out using 34,000 Slovak employees, the importance of motivation factors relating
to finance was defined. Tukey’s HSD test, as a part of the ANOVA analysis, was used for extensive
investigation into the most important motivation factors relating to finance. It is supposed that
motivation of employees of different gender, age and job position will differ. The suppositions were
confirmed by the results achieved in the research showing significant differences between indi vidual employee categories of managers, blue-collar workers and white-collar workers. Taking into
consideration the results, managers are suggested to concentrate on motivating the employees as
parts and not as a whole because of the differences in the needs of employees in terms of gender,
age and mainly job position
