Leadership is the most challenging managerial function. The task of the leader is to direct and motivate employees to complete a task, give them a sense of security, but also give them the freedom, so they could contribute to the achievement of company goals with their thoughts and actions. The style of leadership can be defined as a special way of managerial behavior in the work process that affects the results of the work of a particular organization. It is impossible to define what is the best style of leadership, because in practice there is always a combination of several styles of leadership. In theory, the generally known three basic styles of leadership are autocratic, democratic and laissez-faire, and all other styles of leadership derive from them. In human resources management a very important factor is motivation. The goal of any organization is to develop motivational processes and work environment that will help to employees to show results in line with expectations of managers. Today, managers have at their disposal a number of financial and non-financial motivators, and which they will use, depends on a combination of their knowledge of motivational theory, circumstances and certainly inventiveness. Good reward system enables greater efficiency of employees, reduces their dissatisfaction, absenteeism and desire to leave the organization. If they want that their organization operates susuccessfully, managers need to find the optimal combination of material and non-material incentives for their employees. Motivated and satisfied individuals can ensure the survival and growth of the company in a dynamic and highly uncertain environment because of the strong influence that leadership has on individuals and their participation in achieving the goals of the company.