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    What motivates employees more than money?


     Every company around the world grapples with one of the most pertinent question when it comes to people management – what motivates employees beyond money? It is believed that a company with a high attrition index is bound to suffer from a low motivation level. Most companies emphasize on large pay checks and a big bowl of perks, which is at the face a significant reason for sustaining happy employees.

    However, what these companies fail to observe is that there can be under currents of disappointment among the employees in a company that stems from the feeling that they have not got what they ‘fairly deserve’. If expectations are met, money loses the function of being the sole and the biggest motivator for an employee. Corporates have, however, woken up to the fact that their focus cannot be only on the riches but need to acknowledge an employee’s career advancement.

    what-motivates-you-more-than-money

    Building trust & responsibility:

    Defining specialized roles and transparency in distribution weave an effective team and create super-leaders. In my company every employee is ‘self-managed’ where they are responsible for their job role and empower them to be responsible to get the job done. This approach of trusting the employee has meant the chance of failure is fairly less since they feel they own the job and not merely being forced on them.

    Second, in the list is the aspect around comfort zone. Have you ever inhaled the air of contentment when you accomplish a task you dreaded? Some individuals are constantly looking for change while some are not able to touch their point of excellence because of lack of opportunities.

    Corporates have now started experimenting around internal job postings as a channel for effectively shifting roles of an employee within different teams or functions. This system allows internal eligible employees to apply for a vacant position, who then go through a series of interview rounds and ultimately get an opportunity to work for a role of their choice. This means employees who think they will do better at some other function get a chance to switch roles and for the more enterprising ones an opportunity to try their hands on something new.

    Continue to read more:- What motivates employees more than money?


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