Back to Blogs
To Motivate Your Employees, You Need To Offer More Than Just Money
Share this Article

​To motivate your employees, you need to offer more than just money

  • Publish Date: Posted over 1 year ago

When employees are happy, they are more likely to come up with creative solutions and take initiative to improve the company. They are also more likely to collaborate with each other and work together to achieve the company's goals. This leads to a more positive work environment and encourages other employees to work harder. Boosting salaries and bonuses can make this happen, but what about motivating employees without financial incentives? There are plenty of ways to do it!

  • Invest in individuals by empowering them

Employees should know that they are valued as individuals. Ensure that all members of your workforce have the opportunity to express themselves, so they don't feel like pawns in some larger game. It is important to encourage employees to display items that represent their aspirations. Doing so will show them that their work is valued, and that their unique contributions are appreciated. This will help to create a feeling of community and foster a culture of collaboration, which will ultimately lead to higher employee morale and productivity.

  • Lead with a supportive attitude

Employee motivation is largely determined by leadership. Leaders who support their employees are powerful motivators for keeping them focused. When employees feel supported, they are more likely to take risks, stay engaged, and be productive. Additionally, supportive leaders provide employees with the opportunity to take responsibility and ownership of their projects, which can have a positive impact on overall morale.

As a leader, you must hold yourself to high standards of accountability, setting an example for others to follow. Leadership that is supportive recognises that employees see themselves through the lens of a leader's expectations: those you consider unlikely to succeed are more likely to fail and be unmotivated. For instance, if a leader openly acknowledges their own mistakes, they can set an example that it is ok for others to make mistakes too, and foster an environment of growth, learning and resilience.

  • Provide them with room for growth

Giving your employees the opportunity to grow within your business is a huge motivator if your business is expanding. Yes, more money is dangling in front of them, but there's also the psychological aspect of feeling respected and trusted as an employee. It’s similar to a gardener providing the right conditions and space for plants to flourish; if they are given the right environment, they can thrive and reach their full potential.

  •  Acknowledge their accomplishments

Recognising a job well done is all some people want. Don't hesitate to praise an employee who has worked hard on a project or helped out a colleague. A sense of appreciation goes beyond the act of recognition. It's about the principle: If people feel appreciated, they'll continue to work hard.

It's a huge advantage to have long-term employees who are dedicated to your company. Maintaining employee motivation is a vital part of your business' success. It's also much easier to run your business when you have long-term employees who know the ins and outs of your business. While it may be advantageous to have long-term employees, it is also important to have a mix of new and old employees. New employees bring in new ideas and perspectives that can be beneficial to the company. They can also help to keep old employees motivated by providing a fresh perspective. So, recognise all and reward them in whatever way you think is most suited for your business. Annual bonuses based on performance is one of the most effective ways to achieve on overall goal.

  •  Simply, find out what they want

Rather than guessing what motivates your team, actually sit them down and determine what they are passionate about and what they want. If you want to keep your employees happy and your business growing, you may need to do the unexpected. Showing that you care about their needs and interests can make them feel more valued and appreciated. This can lead to increased job satisfaction, better performance, and a stronger connection with the company.