Business News 6 Ways to Motivate Your Employees Without Money

6 Ways to Motivate Your Employees Without Money

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The ability to motivate employees is one of the most important competencies a good leader must possess and must be considered by any business organization that wishes to be successful

Money is undoubtedly one of the great sources of motivation par excellence when we decide to accept a job offer. However, there are other motivational sources (both extrinsic and intrinsic) that make workers feel comfortable in their workplace and therefore perform at a high level.

Besides money, there are more motivating sources …

Although no one wants to work in a low-paying job, the vast majority of human resources and occupational health departments know that money is not everything when it comes to motivating their work team.

This is exactly what Daniel Pink, author of the book “Drive: The Surprising Truth About What Motivates Us” thinks , which in his text explains the factors that motivate us both in our personal and work life and analyzes through research and examples that Remuneration acts as a motivating factor only when the tasks are simple and clear, but when the tasks are more complicated and require more conceptual and creative thinking, “cash (or money)” ceases to be a motivational source. In addition, he argues on the importance of personal development, self-realization and personal satisfaction when performing efficiently at work.

How to motivate employees without money

But how can we motivate employees without using money as an incentive?Below you can find 6 ways to motivate your employees without financial remuneration.

1. Give them autonomy

It is fine for you to direct your employees and use some control in some aspects of the work, but, according to various studies, democratic or participatory leadership, one that encourages worker participation by letting employees decide more about their functions and have enough decision-making skills, increases performance and motivation. 

With this form of leadership, you will soon see that employees work more animatedly and use all their energy to solve problems. that may arise, By contrast, authoritarian leadership, a leadership style in which superiors have absolute power over your workers, has the opposite effect on employee motivation.

2. Make your ideas yours

In recent years the concept of transformational leadership has become very popular. And… what makes transformative leaders different? Well, they use high levels of communication to transmit the objectives and provide a vision of change that they manage to reach employees. 

In this way they motivate and increase the productivity and efficiency of the group, because they are capable of changing the expectations, perceptions and motivations of the team they work with. Ultimately, they make their subordinates feel that the goals of the company are also their goals, and this is highly motivating.

3. Take care of them and do things in a group

In addition to making your employees feel like leaders, making their ideas count, and getting your ideas across to them, take time to make them feel comfortable in the workplace and with their colleagues, because this increases the level of belonging. to the company and at the same time its motivation.

Take them out to eat from time to time, do group dynamics during their working hours, have barbecues on Fridays or hold contests in which they can receive prizes and trophies for their good professional work. The important thing is that employees are comfortable with the company and with their colleagues, because social support and a good relationship with co-workers is a key variable to  reduce stress and increase motivation in the work environment.

4. Involve them in the successes of the company and give them feedback

Many superiors have a bad habit of looking for employees if things go wrong, but they forget to make employees share in the successes of the company or recognize their good professional work. It is good that you carry out regular interviews to get their opinion about their work and give them feedback on how they do their professional work and how they can improve it.

5. Get them in the job that matches their competencies

It is important that employees are motivated by the tasks they perform because work becomes a big part of our life. If employees are not comfortable with the job or the role they perform in the company, it is impossible for them to be motivated.

In reality, this is a process that should begin in the selection process itself, since selecting the right candidates for a job is the best way to keep them motivated. There are people who do a great job in monotonous jobs, while others have a number of skills that are key to more creative work. The idea is that workers fit into the job and the organization not only in terms of their skills, but also their expectations or motivations.

6. Let them grow and develop

The possibility of growth of a worker within the company is, without a doubt, a motivating ingredient. And it is that to cultivate motivation you have to take care of the way in which employees feel about the company and how they are visualized within it. Employees must feel valued, competent and able to grow within the organization, otherwise they may stagnate.

The constant training and education and the possibility of professional and professional development and growth within the company is key on the way to get more motivated workers.

AdMirror Staff
The Advertiser Mirror Staff (AdMirror Staff) is a group of marketers and advertisers who love to write the latest news about politics, business, money and stock markets in the world.

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