Employees’ Motivation in the North Macedonian Energy Sector

Goran Vasilev, Biljana Vasileva and Dusica Stevcevska-Srbinoska

Research in Business and Management, 2024, vol. 11, issue 1, 1-13

Abstract: Objective- This paper investigates the factors that enhance employee motivation within North Macedonia's three largest energy companies (ESM, MEPSO, and EVN Macedonia) and examines how these factors vary in relevance according to employee age.Method- A qualitative approach was employed, involving the creation and distribution of a questionnaire to employees across these companies.Results- The findings indicate that both intrinsic and extrinsic factors contribute positively to employee motivation, though their influence varies among the companies. Additionally, the significance and perceived value of these motivational factors are shown to differ according to employees' age groups.Originality- This is the first study to evaluate employee motivation specifically within the Macedonian energy sector.

Date: 2024
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