Employee motivation is a tricky subject for most managers
and organization heads. Yet it is imperative for them to handle employee
motivation diligently since it forms the core for organizational success.
Employee Motivation essentially means developing effective ways to recognize
and applaud the contributions of your employees whereby they are encouraged to
perform better and contribute more productively to their organization.
According to entrepreneur.com, employee motivation is “using
both tangible and intangible rewards to keep employees enthusiastic, loyal and
interested in continued improvement”.
One way organizational heads can improve the level of
employee motivation in their organization is by first ensuring that there is a
definite structure or setup that is well implemented within their organization
for understanding, assessing, measuring and rewarding employee activities and
achievements.
J P Maroney, the founder of People Builders has listed down
five success keys to effective employee motivation. According to him, the key
factors for employee motivation are satisfaction, appreciation, recognition,
inspiration and compensation.
Satisfaction: When
employees are happy at work, they are always motivated and productive than
those employees who are unhappy with their work. Therefore, organizations must
increase and innovate ways to keep their employees happy. There are different
ways to improve satisfaction at work. Organizations must understand what the
workforce needs – may be flexible hours, rewards and recognition scheme,
opportunities for career growth, open-door policy or anything else – and
“satisfy” these needs. This way, when you have satisfied employees, you are
also likely to have satisfied customers.
Appreciation: Employees
like to be recognized for their efforts and their contributions to the
organization. Therefore, managers and organization heads must make honest
attempts and take every opportunity to openly praise and appreciate their
employees. Appreciation is an effective morale booster. The more frequent it
is, the better it motivates employees. A pat on the back, a few encouraging
words, a thank you note, a mention in a meeting, a write up in a weekly
newsletter are all simple ways to convey to your employees that you care for
them and hold high their services to your organization.
Recognition: Employees
like to learn that their work in the organization is taken note of, and that
they are considered as assets of the organization. Managers and organization
heads must honor this innate employee attribute and have a sound rewards and
recognition system in place. They must find ways interesting ways to motivate
their employees to perform a task and when the said task has been accomplished
successfully, it must also be rewarded appropriately.
Work and non-work related contests, in-house rewards for various
contributions and even recognizing their contributions outside of work will
increase employee motivation by leaps and bounds.
Inspiration: Employees
always look up to their seniors and the organization head for inspiration. But
more importantly they also look for inspiration in their organizations and the
values it stands for. Keeping this in mind, organizations looking for improved
employee motivation must have a strong mission statement and the heads of the
organization must sincerely abide by these values and missions. When leaders
lead form the front, employees will be inspired to follow them. Employees will
be happy to work for an organization that is true to its beliefs and works
towards realizing its dreams. Since every employee aspires the same, he will
take inspiration from the organization itself. Inspired employees are also
motivated and loyal.
Compensation: Monetary
rewards or tangible rewards are one of the important factors of employee
motivation. Therefore, organizations can use this means well to their benefit.
Performance bonuses, promotional raises, salary hike, enabling profit sharing,
giving gifts and distributing reward coupons are some of the effective means of
compensation.
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