EDUCATIONAL SERIES: TIPS TO HELP YOU SUCCEED
HOW TO RETAIN AND MOTIVATE EMPLOYEES: CREATING YOUR IDEAL DREAM TEAM
By: Dan Crane, MBA with CE Medical Group
TOP 5 MOTIVATORS FOR EMPLOYEES:
Respect for boss
RETENTION STARTS WITH THE RIGHT HIRE
The 7 C’s of Hiring by Alan Hall, Forbes Contributor
Competent: Has the necessary skills, experience and education to be successful
Capable: Employee has the potential for growth and ability to take on more responsibility
Compatible: Willingness to be harmonious with their boss and co-workers
Commitment: Consistent and stable work history, serious about working long term
Character: Do their values align with yours? Team player?
Culture: Does the worker reflect your company’s culture?
Compensation: Competitive pay for the positions- don’t over or under pay
With the right tools and training, most people will rise to whatever level of expectation and challenge you present them. People thrive with responsibility, give them the opportunity to do so.
MOTIVATION & RECOGNITION
A simple THANK YOU can have a lot more impact than money. Sometimes money can be seen by employees as part of their compensation, recognition that is separate from compensation is valued more by employees.
Examples of inexpensive ways to motivate employees:
Gift cards, employee spotlight, in-house massages, pot luck lunches, team meetings, pedicures at lunch, surprise shopping spree, early out Fridays.
THE BALANCE BETWEEN GRATITUDE AND ENTITLEMENT
- Bonuses should not be a given- stretch goals may not always be met
- Help them understand the reasons for the reward (i.e. we had a great month/year, you did exceptionally well at…)