Hiring the right people is only the beginning of creating a good team at your business. Once you’ve assembled a group of individuals with the right skills, it’s up to you to get the most from them.
Motivation is what drives employees to reach the goals of the company. It can be why they’ll work a little harder to get a better result. However, even the best employees can lack motivation at times. At its worst, it can infect the entire team.
But what can business leaders do to motivate their teams to deliver their best performance? This post will explore strategies managers can use to motivate employees.
Offer Cash Bonuses and Rewards
You definitely want people who are dedicated to the company’s mission. However, as dedicated as an employee may be, money will always be the primary reason why they come to work. It makes the potential for more money a strong motivator. Along with that, bonuses can also be a way to show appreciation, which can also increase motivation.
A simple cash bonus will be effective. You could give them out for reaching various goals or as a gift during the holidays. Beyond cash, gifts can also work to motivate employees. Your team might appreciate gift cards or thoughtful presents. Another idea is to reward people with additional paid time off.
A Better Work Environment
The work environment can also have a significant influence on motivation. If it is drab, poorly lit, or unclean, people won’t want to be there. You also need to consider workplace culture. A negative culture can kill motivation.
Put effort into creating a more comfortable and positive workplace. Maybe redesign the office to make it more attractive and let more natural light in. Buy better furniture so people can be comfortable while they work. Incorporate elements of fun and teamwork into the everyday experience.
Review Employee Benefits
Beyond pay, the employee benefits you offer can make a big difference. If you’re offering just the basics, consider some upgrades. See if you can find a better health plan or offer retirement accounts with matching contributions. Life insurance can be another popular benefit to motivate employees and attract top talent.
Beyond the standard benefits, you could also offer various perks to increase motivation. For example, you could keep the kitchen stocked with free snacks for employees. Maybe you could buy the occasional meal for everyone at the office. You could also offer gym memberships or other wellness perks.
Give Positive Feedback
Providing regular and constructive feedback is one of the keys to motivating employees. Recognizing their efforts and achievements boosts morale and reinforces desired behaviors. When an employee or team finishes a project, let them know you appreciate the work. Try to find specific points you liked so they know exactly why you are pleased. It is also nice to let people know you appreciate them for being part of the team and dedicating themselves to the mission.
Create Employee Awards
Starting an employee awards program can be a great way to boost morale and motivation. It can also be another way to express appreciation. One obvious option is to offer an employee of the month award. You could also create awards based on various metrics like sales or production. Team awards can also be effective. You could also offer employee service awards for the number of years they’ve been with the company.
Beyond just naming people award winners, you could make a fun experience of it. You could set aside time to create a ceremony for the awards. You could also hand out plaques, trophies, or certificates. Employees will appreciate the extra touches of a ceremony and recognition.
Friendly Competition
Introducing friendly competition among employees can inject energy and fun into the workplace. Determine a meaningful goal and make a competition to see who can get there first or achieve the best results. However, ensure that the competition remains positive and friendly. Set clear goals and rules. You might even want to offer a reward for the winner. It can also be fun to track the progress of employees throughout the competition and provide updates.
Allow Flexible Scheduling
Flexible scheduling can do a lot to motivate employees while promoting work-life balance. Allowing flexibility in when and where work gets done empowers employees to manage their time. It also builds motivation by increasing overall satisfaction.
One idea is to allow employees to manage their work schedule as long as they meet the minimum hours per week. You could also focus more on output rather than the number of hours they spend at their desks. If an individual is meeting their targets, they deserve more freedom in their work schedule. You could also allow for some remote work.
These tips can help you get more from your team and keep them motivated. Additionally, motivation must come from the top. Leaders need to show up every day with a good attitude and demonstrate strong motivation. Employees will be more likely to feel motivated when they see motivation from leadership.