How do we motivate employees when there is no promotion or raise opportunities?
Looking for ways to motivate your employees? It is important that it goes beyond monetary incentives. It is a myth that employees are only motivated by money. On the other hand, they are motivated by intrinsic motivators including being recognized for their hard work, flexible work time, growth, and more.
Here are the tips which you can use to motivate your employees:
Offer specific and sincere praise
There is nothing like giving too much recognition and praise to your employees. A short “thank you” note or a shout-out during a meeting shall suffice. The only thing you need to make sure is that you are acknowledging tangible accomplishments. In other words, you need to look at specific metrics. This could include sales volume, the number of customers retained, or increase in profitability.
Develop a community
Your employees feel connected with each other by building a sense of community. You can use online forums. However, old-fashioned in-person interaction can’t be replaced. Encourage your team to eat lunch together. Hold a conference or just throw a party to celebrate reaching a milestone.
Engage your employees in the incentive process
If you don’t know what will motivate your team, just ask them. Once you receive employee feedback, you can create clear goals for them to strive for. This will not only increase your business’ bottom line, but it also communicates the value for employee contributions.
Get to know them as people
Know about your employees’ hobbies and interests? Once you build a personal relationship with your staff, you can find out what makes them tick. More significantly, when you show genuine interest in them, they will do their best not to let the interests of the company down.
Flexible work schedules allow your employees to maintain a healthy work-life balance. This flexibility enables them to meet family needs, personal obligations, and other responsibilities. Moreover, it allows them to avoid commuting to work, reduces stress, and gives them a chance to work when they are the most productive.
It is important to keep in touch with your employees. You can take advantage of email, texting, social media, and more. Building a connection with your team will allow you to offer training and tips that can improve their work. Additionally, it lets you share relevant and timely information. Just keep in mind that you don’t keep communicating with them 24/7.
These techniques shall help you maintain a healthy relationship with the employees and keep them motivated to work harder and eventually, take your company on the path of success!