| This work aims to answer the above question, relating the impact of the budgeting process concerning the motivation of staff, based on the most well-known and accepted theories regarding motivation. A significant conclusion is that the budgeting process is also fundamental for the motivation of employees, in addition to being a powerful management tool. Issues related to employee motivation are considerably influenced by the budgeting process. The participation in the definition of goals and the commitment to the established objectives, performance appraisal, performance-related compensation, internal communication, team work and the integration of different levels and areas of a company are some examples of issues related to motivation of employees that were analyzed in this work.
The conclusion is that this proposal is feasible, i.e., the budgeting process is a key factor in staff motivation. In addition, the issues linked to staff motivation are considerably influenced by the budgeting process. Some of the examples shown in the text are: participation in target setting and commitment to the objectives established; performance appraisal; rewards for achieved performance; internal communication; team work among others.
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