Motivation is what drives us to work harder, more efficiently, and with more passion. Every person is motivated differently in and out of the workplace. The core motivation for most employees is that they gain something out of their work experience. How do you know what pushes your team forward? Follow this advice from Business Registration Hong Kong to tailor your motivational techniques to all individuals.
Motivation is all about meeting your employees’ needs. A good start is to recognize your employees for their hard work. Give a bonus or some sort of non-monetary reward when an employee exceed expectations. Always leave room for advancement within the company for those who are dedicated and work hard. Similarly, don’t reward bad work. Hard working employees who see poor performers receive the same pay, benefits, and recognition are actually demotivated. Make sure you are recognizing the right people.
Another great motivator is to show employees that you trust them. Keep them in the loop with routine communication about what’s going on in the company and other departments. Give high performers more responsibility and ownership over their work. Allow great employees to have opportunities to lead within their departments. All these things will keep your workers interested and feeling appreciated.
Regardless of what individual motivators people need, the bottom line is that most people are motivated by money. Money is needed to pay bills, to feed ourselves and our families, and to keep a roof over our heads. However, it’s not all about salary. A livable salary is a good start, but things like compensation, bonuses, and a variety of benefits will keep your employees happy because their needs are met. Do you have a lot of employees with families? A child care stipend may be a good motivator. Do you have a lot of young professionals? A retirement plan will help get them off to a good start.
Keep your employees happy and working hard with the right motivational strategies. Remember that everyone is different and some motivational technique may not work. In this case, talk to your top performers and see what their needs are and how you can help meet them. For more information on how to improve your business, how to get started, and more, visit Business Registration Hong Kong.
http://blog.xdirections.com: Calculating career risk and reward is another important skill of senior executives. Mark Powell shares insights from the latest senior executive Asia survey in this informative video. Watch the whole series for more insights.
Is it Ego or well earned confidence. Mark Powell reveals the finding of the Executive Survey on what motivates Senior Executives. Watch the entire series episodes to see the entire survey findings and take our poll at http://blog.xdirections.com
Recruiting and retaining employees is critical to business success. So what is most effective in Asia? Genevieve Heng, Principal Derwent Executive provides powerful insights into the Asia job market and how to effectively recruit and retain a strong workforce. This is the 4th in a 7 part thought leadership series sponsored by ServCorp Smart Offices.
High level executives want more than money. Mark Powell provides insight into the incentives Senior Executives want most. Watch the entire series to see the full survey results. http://blog.xdirections.com
Is it Ego or well earned confidence. Mark Powell reveals the finding of the Executive Survey on what motivates Senior Executives. Watch the entire series episodes to see the entire survey findings. http://www.so-u.tv
Survey of 100 Senior Executives in Asia results revealed. This episode explores the “talent gap”. There is often a difference between what the executive and the company want. How best to understand and manage this is discussed. Mark Powell reveals the informative findings in this engaging 8 part series.www.so-u.tv
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