It’s no secret that a motivated employees are a tremendous asset for businesses. Figuring out the best way to boost employee engagement and foster team building is one of the main big picture goals of any company, since it leads to increased retention, productivity, and even improved mental health for your staff members.
That said, what many companies don’t agree on is the type of measures that should be taken to motivate their team. While giving team members a bonus once in a while is certain to be welcome, the truth is that money isn’t the only motivating factor that can bring out an employee’s best effort (despite what many employers may think). For instance, eighty-nine percent of employers assume that the reason that employees leave is for more money elsewhere. However, only 12% of employees earn more from their next job. So while money may be a motivating factor, it certainly isn’t the only one.
This should actually be good news for any business invested in their company culture – it means that taking the steps to improve employee satisfaction and motivation won’t necessarily have to come out of pocket. When you consider that the rewards of a motivated workforce can far outweigh the costs, the benefits become even more clear.
With this in mind, let’s take a look at a few ways that you can motivate and encourage your team.
Recognizing good work is one of the easiest ways to motivate anyone. If you see something you appreciate, then say something, and take the time to reward your employees with positive feedback. In the process of showing an employee recognition for their hard work, don’t be afraid to take things a step farther and highlight specifically what it is that you appreciate. Being more specific with how they’re meeting or exceeding your expectations can help them be more in sync with the company goals in the future.
According to one recent survey, 23% of employees revealed that if employers were more open and honest about the performance and overall health of the company, they would be more motivated. Additionally, some 75% of workers admitted to caring about the company they worked for, but very few felt they had any insight.
Bottom line – some business owners are their own worst enemies when it comes to fostering teamwork. Being honest and transparent with your employees, and ensuring that they’re kept informed of important developments and changes, is a simple way to help them feel more connected to your company. This will also help reduce fraud in the company.
Give Them More Responsibility
If you trust your employees then you should have no problem letting them take the lead. An employee needs to be given the chance to learn new skills, take on more responsibilities, and grow into a top talent without having to worry about micromanagement. This can be a tough mental roadblock depending on your management style, but it could pay off big if you follow through. Mentoring your employees to advance and grow is part of your job, and giving them more responsibility can help inspire them to go the extra mile.
Lead by Example
Nothing motivates employees to ‘step up’ quite like seeing those in positions of power going full steam ahead. If you want your employees to be motivated, then lead by example. Get yourself motivated to work harder, show up on time, and generally have a positive attitude before you require that others do the same. By putting yourself in the same line as your employees you can help increase their motivation as well as well as the work environment. Set a positive tone and watch as it trickles down the line. It’s your job to inspire and motivate, but you can do this simply by leading with a positive example.
Give Your Employees Purpose
Giving your employees a sense of purpose can help to improve their job satisfaction. Take the time to show your team what your vision for the company is, and how their roles fit into the bigger picture can help them to understand how they fit in, and see purpose behind what they do.
Offering your employees incentives is another way to help to improve your team’s productivity. Consider implementing performance-based incentives, such as gift cards, time off, or bonuses to reward your team for accomplishments and achievements.
Promote a Positive Atmosphere
Finally, make sure you’re working to create a positive, upbeat environment; one that your employees enjoy working in. By creating a positive atmosphere, your team will feel more connected with the company, proud to work there, and will be less likely to abandon ship.
Never overlook the importance of employee motivation. Engaged employees will be less likely to quit, and far more willing to do their best. Make sure you’re continually looking for new ways to motivate your team. With these simple tips, you can’t afford not to!