Four ways to reward Employees
Four Ways to Reward and Motivate Employees
All businesses want motivated employees. Using monetary and other rewards to improve motivation is a simple idea, but doing it fairly and effectively is a challenge. Four steps to follow in implementing a rewards program are as follows:
1. Establish an action plan.
2. Be creative in determining rewards.
3. Give employee rewards a personal touch.
4. Group rewards may be appropriate, but do not undermine individual initiative.
Reaction:
When you think about it, the success of any business can almost always be traced back to motivated employees. From productivity and profitability to recruiting and retention, hardworking and happy employees lead to triumph.
Unfortunately, motivating people is far from an exact science. There's no secret formula, no set calculation. Motivation can be as individual as the employees who work for you. One employee may be motivated only by money. Another may appreciate personal recognition for a job well done. Yet another may work harder if she has equity in the business
Employee motivation is one basic ideal -- finding out what your employees want and finding a way to give it to them or to enable them to earn it.
Building Rapport with Different Personalities
You can count on the fact that you will not like everybody that you meet and everybody will not like you. In the workforce, you will encounter many different personalities that you will have to deal with on a daily basis. The most common personalities are as follows:
• The power junkie
• The withholder
• The eager puppy
The power junkie tries to take power from others who they perceive as threatening. Power junkies want to be in control at all times and will interrupt or even attempt to intimidate others to make himself look bigger or better. The way to handle this personality is to acknowledge their talents and be respectful to them.
The withholder is insecure about power. The will not share
All businesses want motivated employees. Using monetary and other rewards to improve motivation is a simple idea, but doing it fairly and effectively is a challenge. Four steps to follow in implementing a rewards program are as follows:
1. Establish an action plan.
2. Be creative in determining rewards.
3. Give employee rewards a personal touch.
4. Group rewards may be appropriate, but do not undermine individual initiative.
Reaction:
When you think about it, the success of any business can almost always be traced back to motivated employees. From productivity and profitability to recruiting and retention, hardworking and happy employees lead to triumph.
Unfortunately, motivating people is far from an exact science. There's no secret formula, no set calculation. Motivation can be as individual as the employees who work for you. One employee may be motivated only by money. Another may appreciate personal recognition for a job well done. Yet another may work harder if she has equity in the business
Employee motivation is one basic ideal -- finding out what your employees want and finding a way to give it to them or to enable them to earn it.
Building Rapport with Different Personalities
You can count on the fact that you will not like everybody that you meet and everybody will not like you. In the workforce, you will encounter many different personalities that you will have to deal with on a daily basis. The most common personalities are as follows:
• The power junkie
• The withholder
• The eager puppy
The power junkie tries to take power from others who they perceive as threatening. Power junkies want to be in control at all times and will interrupt or even attempt to intimidate others to make himself look bigger or better. The way to handle this personality is to acknowledge their talents and be respectful to them.
The withholder is insecure about power. The will not share