The carrot or the stick- the age old question when it comes to staff motivation. In the 21st Century we like to think we’re a little more enlightened – no dark satanic mills for us, no sir. In a job market where the employee is king (well, until the recession came along, that is) it’s been all carrot and no stick.
And whilst the economic downturn may well have “redressed” the balance somewhat, the future is still orange! And it’s not all about money, other factors such as job security (very topical) and career developments are big winners. So what are the key issues to consider?
WHAT’S IN IT FOR THE COMPANY?
It’s very easy to get caught up with what works for the employee. Any scheme or incentive must be aligned with business goals and objectives. As with Investors in People, training incentives must have bottom line benefits for the company.
CREATE OWNERSHIP
Get your team involved up front. Buy in will come from involvement and that will effectively drive performance. Listen to what really motivates them and centre on that and that will effectively drive performance. Listen to what really motivates them and centre on that, especially for goal hungry sales staff.
BE COMPETITIVE
Check out the competition and make sure your scheme is up to scratch. Otherwise …..
MEASURE
If it can be measured, it can be managed. Staff will respond better to specific, measurable targets. Build in those KPI’s (key performance indicators).
EVALUATE
Don’t cast anything in stone; test, evaluate, review and develop. Failing schemes can be de-motivating and may see staff walk.
REWARD AND RECOGNISE
Finally, don’t forget to make individual or team achievements public and visible.
The Corporate Gifts Company has loads of great ideas to help your motivation scheme along. Staff will be highly motivated by awards, plaques, corporate jewellery such as lapel badges, or a well chosen gift to say thank you such as sterling business card case.
