Nowadays, with pronounced competition, every company must fight with all available resources for a more competitive position on the market. The most important resource to pay attention to are people, i.e., human resources. It has been scientifically proven that there is a positive correlation between a satisfied employee and motivation, which means that an employee will not be motivated to act proactively if he is dissatisfied with working conditions. For the employee to be as motivated as possible to effectively increase work performance, the organisation must have an effective motivational system in place. A complete motivational system includes a system of tangible and a system of intangible rewards. Such systems must have as many benefits as possible and know the preferences of employee so that each employee can choose a benefit that raises his level of satisfaction. Employee satisfaction and motivation are important parameters in assessing the bigger picture of a company. The aim of this paper is to determine which motivators are of most importance for raising efficiency in the organisation. Accordingly, an empirical study was conducted in the company Končar – distribution and special transformers plc, to determine how employees of a company value their satisfaction, current motivation, and what demotivates them to increased efficiency. Self-assessment of employee satisfaction in the work environment is very important, since employees are very individual, with different preferences, which means that individual benefits do not affec tequally to each employee in terms of satisfaction. The research confirms the theoretical claims that different motivators affect individuals differently. Also, the research part indicates that the amount of salary, as financial compensation for work, is not the most important criterion that determines employee satisfaction. In addition to material well-being, the respondents confirmed that intangible benefits are extremely important for satisfaction, and that refers to respect for workers' rights, satisfactory climate, good relations with colleagues, etc.