Motivated employees are often more productive, they're also just happier.
As part of a smaller team, the business runs much smoother is everyone enjoys being there. If everyone is motivated and engaged, your team are more likely to find solutions quickly and keep the business moving forward.
While fair and adequate compensation is a great start, it is not the only thing you need to keep your employees motivated in the long term. They want to feel like they are part of something, like they are a valued member of the business.
Your employees need to be intrinsically motivated. Their own wellbeing, happiness, personal growth and individual achievements are as important, if not more, than their salary.
There are seven factors of employee motivation:
1. Meaningful Work
Employees need to find meaning in what they do. It is not just about coming to work and getting through the to-do list, it is about having a purpose. Employees want a sense of fulfillment in their work, to feel like they are doing something of value. If the work aligns with an employees own values, they will be motivated to do the work, even when it gets challenging. Understand what drives your employees and nurture these passions. Try to weave individual aspirations into the role.
2. Vision
A sense of fulfillment also comes from knowing the business vision. Employees want to know the ‘why’ behind what they are doing. Feeling connected to a larger vision makes the work more significant and meaningful.
3. Recognition and Feedback
Employees need to know that they are doing great work. They need recognition from their management to improve self-esteem and morale. Recognizing your employees for the efforts and achievements increases enthusiasm and a culture of team spirit.
4. Communication
Open, consistent, and honest communication are essential for employees to feel part of the team. When employees feel seen, heard, and valued, their commitment to the company increases. This includes feedback about performance as well as changes that are being made in the business.
5. Inclusion
No one likes simply being told what to do. They like to be part of the process. Including your team in the decision-making process for the business makes them feel empowered. Giving them authority over their own tasks creates a further sense of belonging, increasing their motivation to the role and the business.
6. Mentorship
Leaders need to build trust and encourage their employee’s individual development. Managers that care about their employees personal and professional growth have a more motivated team. Encourage your team to continue learning and develop as an employee and as an individual.
7. Equity
Fair compensation is still the basis for most employee satisfaction. Knowing that they are a valued team member through equitable pay sets the tone for a culture of fairness. Policies and processes must also be fair and equitable across the business. Treating all employees fairly, with dignity and respect improves your business morale. Employees need to feel that they are being treated equitably.
By encouraging personal growth, recognizing achievements, providing learning opportunities and cultivating a positive business culture, you can improve your employee motivation. Acknowledge and celebrate your employees individual passions and potential to keep your team ready to tackle the challenges of business. Make your business a place your employees want to come to everyday not only enhances productivity but creates a culture built on trust, recognition and a sense of purpose.
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