Good products and services are an important part of a successful company. However, without the addition of great, motivated employees, the company suffers in the long-term, and profits will not be as high as they can be. Creating and keeping employee motivation high, should be considered very serious by anyone in upper management.
Some companies misunderstand how to motivate employees. They use penalties or the threat of penalties, for non-performance, believing that motivating through fear will get the jobs done. In the very short-term this can work; however, soon all you have are resistant, disgruntled employees who will perform only as well as they think they must in order to get by. There are much better ways to find a few tips about increasing your employees’ motivation the right way.
Caring for basic needs
Employees naturally feel more loyal to a company, when that company considers their need for health insurance and other benefits, such as sick leave and vacation days. Employees appreciate being treated as human beings who have lives outside of the company. You should work to provide the best possible deals for your employees regarding all basic benefits.
Additional benefits could include a private gym, discounts to restaurants, or other businesses in your area.
Instilling a sense of camaraderie among employees, naturally benefits everyone in the company. Engage relevant groups in corporate team building activities. These could be recreational, such as casual picnics, activities in-office, indoor luncheons, or focused, but light-hearted, brainstorming sessions.
A well-working team is motivational to all members. Instead of accomplishing tasks just for the paycheck, employees feel a responsibility towards other team members to get the job done right. Teamwork in this case should feel empowering and fun, team members should be able to get along well together and share a similar focus.
Reward and recognition programs
Publicly recognizing employees, individually or as teams, for jobs well done, goes a long way towards employee motivation. Verbal and written praise is part of that, but you should not stop there. A reward system shows employees that you value their efforts so much, that you feel their efforts deserve rewards.
Rewards can be tiered and they can involve cash bonuses, and other prizes, such as weekend getaways. Consider consulting with a company such as O.C. Tanner, to learn about rewards programs that suit your company’s budget, personality and needs.