Preview

5 Ways To Keep Your Employees Motivated With Lack Of Incentive Programs

Good Essays
Open Document
Open Document
1318 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
5 Ways To Keep Your Employees Motivated With Lack Of Incentive Programs
This website have many such points which describes about motivating employees with lack of incentive programs. Different writers have different views. You can take the points from here. I have mentioned two examples of the post in the website below: http://www.forbes.com/sites/sap/2015/03/06/great-satire-and-marketing-take-care-of-unfinished-business/ http://www.forbes.com/sites/martinzwilling/2012/01/10/8-ways-leaders-can-motivate-employees-beyond-money/
I guess this is completely help you with the topic given. Its just about how to motivate people with less amount of incentive(s) or with lack of incentives.
5 Ways to Keep Your Employees Motivated With Lack of Incentive Programs
Employee wages have decreased by about 2% since October 2010, and have been flat since the beginning of the year. If your company simply doesn’t have the funds for pay increases, you need to be creative in order to minimize turnover, as holding onto current staff is much more cost-effective than finding new help. Fortunately, there are plenty of ways to keep your workers motivated, all while continuing to reduce labor costs in your business.

1. Communicate With Them
When it comes to motivating staff, most employers think an incentive program of some sort is the only way to go. But how about this for an idea: Communicate with your employees. As a small business owner myself, I instituted a “Monday Morning Cup of Coffee” program with my staff. Each week, I choose one staff member with whom I spend 30 minutes to an hour just talking. Often, the conversation isn’t even business-related. When an employee knows they’re truly valued and that their boss has a genuine interest in them, they’re much more likely to perform well.

2. Institute a Casual Dress Day
There are two ways you can approach this. First, you can simply offer it across the board to your staff as an added benefit. Friday is typically the most popular day. Or, you can make it a competition by offering it to the top-performing

You May Also Find These Documents Helpful

  • Good Essays

    Employee motivation has always been an issue, I believe, for leaders and managers. Unmotivated employees are likely to spend little or no effort in their jobs, avoid the workplace as much as possible, exit the organization if given the opportunity and produce low quality work. On the other hand, employees who feel motivated to work are likely to be persistent, creative and productive, turning out high quality work that they willingly undertake. Reality however is that every employee has different ways to become motivated and as leaders and managers we need to get to know, and understand, our employees well and be able to use different tactics to motivate each of them based on their personal wants and needs.…

    • 3716 Words
    • 13 Pages
    Good Essays
  • Better Essays

    In any organization the key role of managers is the motivation of their personnel. This can be done in many different ways. This section will discuss three academic theories on how to properly motivate employees.…

    • 1919 Words
    • 6 Pages
    Better Essays
  • Better Essays

    Motivation and Employees

    • 1123 Words
    • 5 Pages

    One motivational technique that I would use is motivation through self- confidence. When individuals have a high level of self- confidence and self- esteem it reflects in a positive way in all that they do. I would use various techniques like implementing passion and pleasure in what they do at work. Giving rewards helps employees to want to do more they are pleasing and help to keep employees eager to work while it also keeps productivity high. Recognizing and giving performance incentives gives employees a more willingness desire to give more to the company while earning something for these selves. As a manger being clear not only the job duties they are responiable for but also in the instructions that I am giving helos employees to understand my expecitations, giving detailed instructions, including being specific in what my expectations are gives a clear cut expectation on what I am expecting out of my staff. Keeps employees not only informed but it eliminates confusion.…

    • 1123 Words
    • 5 Pages
    Better Essays
  • Good Essays

    First class of motivation is physical. Includes pay raises, extra vacation days, free lunches, and even better parking spot. This makes the employees look at these rewards as a prize that makes them standout. They seem to compete with themselves, and the rest of the team to achieve their goal in order to be rewarded and praised. These prizes do not even need to be that expensive, it is strictly winning the competition that truly…

    • 1127 Words
    • 5 Pages
    Good Essays
  • Good Essays

    fask

    • 544 Words
    • 3 Pages

    You also can use nonmonetary rewards to motivate employees. For example, employee recognition fulfills the psychological needs and desires of employees. Schemes such as "sale person of the month" or "employee of the year" certificates help boost morale as you recognized the employee for his outstanding efforts. Appreciative feedback from supervisors and managers also…

    • 544 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    The study examined the influence of rewards (payment, promotion, recognition and benefits) on employee work motivation. Subjects for the study consisted of one hundred and sixty seven employees of commercial banks of Kohat, Pakistan. Data for the study were gathered through the administration of questionnaire. The data collected was subjected to appropriate statistical analysis using “Pearson Product Moment Correlation Coefficient and Analysis of Variance,” all the findings were tested at 0.01 and 0.05 level of significance. The results obtained from the analysis showed that there existed strong relationship between rewards and employee motivation in commercial banks of Pakistan . The results also indicated that women experienced lower levels of motivation based on rewards they received . On the basis of these findings implications of the findings for future study were highlighted.…

    • 1955 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    With the current state of the economy many organizations are searching to recruit potential employees that are able to bring to the business creativity and innovations to their table. Many organizations are looking into graduates who have been educated with more recent information on how to a business strive and what resources can be used to make it happen. Other organizations are looking into having current employees take training courses or seminars so as to find out what new changes have taken place and how it can be established into the business. Sincerely, there are companies that do value and recognize the potential that some of the employees can provide but a good handful of organizations would not involve incentive directly to their employees because of fear that it may plant a seed where the employees may only think that just doing one specific duty they will benefit it instead of doing all and more can actually get them closer to the incentive.…

    • 875 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    The purpose of this paper is to discuss methods that can be used to motivate employees, and their effectiveness. Motivators, such as non-cash incentive programs, are commonly used methods to motivate employees. Non-monetary motivators, such as praise and recognition, a work environment of trust and respect, and professional growth and development are the most effective methods to motivate employees.…

    • 1202 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Having reviewed the different theories it is easy to see that there are many different ways to motivate staff. I think motivation is important because even at the most basic level, it costs more to replace…

    • 592 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    A good motivational tool is the use of positive reinforcements. Providing employees with incentives are a good way to meet job requirements. Motivation can work in two ways; to inhibit behavior or to make behaviors cease to exist. Positive reinforces or incentives like pay increase, time-off, and health benefits would best be implemented for employees that deserve a promotion. Other employees can observe these reinforces and being to work harder for the company in order to gain incentives.…

    • 1070 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    And there are so many more ways to motivate employees. Entire books have been written on the subject. These five suggestions…

    • 430 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Firstly incentives work as psychological stimulant for a person to perform better. Incentives act like the pot of gold at the end of the rainbow.…

    • 1223 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Question 1 : Describe what is meant by motivation. What types of non-financial reward might a company use to motivate employees?…

    • 624 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Employee Motivation

    • 1738 Words
    • 7 Pages

    Employee motivation is the level of energy, commitment, and creativity that a company's workers apply to their jobs. In the increasingly competitive business environment of recent years, finding ways to motivate employees has become a pressing concern for many managers. In fact, a number of different theories and methods of employee motivation have emerged, ranging from monetary incentives to increased involvement and empowerment. Employee motivation can sometimes be particularly problematic for small businesses, where the owner often has spent so many years building a company that he/she finds it difficult to delegate meaningful responsibilities to others. But entrepreneurs should be mindful of such pitfalls, for the effects of low employee motivation on small businesses can be devastating. Some of the problems associated with unmotivated workers include complacency, declining morale, and widespread discouragement. If allowed to continue, these problems can reduce productivity, earnings, and competitiveness in a small business.…

    • 1738 Words
    • 7 Pages
    Powerful Essays

Related Topics