It’s no secret that happy, satisfied employees are a key ingredient to a successful company. But what really motivates people? Many entrepreneurs believe that digging into their pocketbooks will help drive employee engagement, but the reality is that 67% of workers say praise and commendation from a manager is what truly motivates (vs. the 52% who say an increase in base pay does the trick).
Instead, consider making quality time with each employee a priority, pick up a personal tangible gift, offer a high five or fist bump, tell them they’re doing a great job or pitch in on a task. Connect with them. They’ll respect you more and work harder as a result.
Take a look at the infographic below for more on the many factors involved in motivating employees. This infographic takes a look at the truth behind employee engagement and how you can motivate your workforce without reaching into your pocket.
42% of the global workforce says they’re disengaged at work. 
90% of leaders say employee engagement is essential to their businesses. 
75% of leaders do not have an employee engagement strategy. 
Click to Enlarge, (then click the thin picture again to zoom in)
Traditional thinking follows that the more you pay someone the more loyal and satisfied they are in their job. But, the truth behind employee motivation is a more complicated mix including praise, autonomy, and leadership opportunities.
What do you do to motivate your employees? Share with us below!
By: Kathleen Davis