Wednesday, August 22, 2012

Motivating Your Employees


The most challenging part of any new business venture is finding and most importantly, keeping, good employees.  No successful business exists in a vacuum – it takes teamwork and group effort.  Find people to work for you who want to succeed and success will follow but oftentimes it’s hard to keep even the most driven people motivated.  So how to do that?

First off, ask your employees what’s important to them.  Making them an integral part of the working environment is key.  If you keep them happy, they’re more likely to stay motivated.  If you make them feel involved in the process, even better.  Conduct company surveys.  Listen to your employees.  Consider holding weekly meetings for each department or monthly meetings for the whole company.  You may even want to set up a suggestion box.  Have an open door policy where your employees feel the freedom to come into your office and tell you what’s on their minds.

Pay your employees well.  I know this can be tough as you start up a new business and funds are tight.  But investing in your employees is indeed a wise investment.  To keep the best people, your offer to them is going to have to remain competitive.  Make sure your pay scale is in line with the competition.  If you can’t afford raises all the time, give them perks like discounted gym membership or other easy benefits.  Have a strong health plan and 401K matching program.

Provide for your employees.  Make your work environment as friendly as possible.  Consider end of the month office parties.  Give fair vacation time.  Set up company outings.

Support your employees’ goals.  Set up mentoring programs.  Provide them with networking opportunities.  Bring in experts once a month to run workshops.  Give your employees a leg up and every opportunity to succeed.

Show your employees a future with the company.  Provide internal growth as well as future change.  Promote from within.  Give your employees every chance to grow with your company and not beyond it.  Give them reasons to stay.

Reward your employees.  Give them bonuses or gifts for excellence achieved.  The gifts don’t have to be extravagant – just a little token of appreciation (a gift card, free tickets to the movies, etc.)  Treat them to lunch if need be.  Let them know at every opportunity that they are valued.  Go above and beyond.  Come up with fun contests or employee-of-the-month benefits.

Commend your employees.  Bring their successes to the attention of the whole team.  Write about them in your company news letter.  Meet with them one-on-one to commend their successes, achievements and accomplishments.

Thank your employees from time to time – show them that their efforts are appreciated.  Make note of birthdays or special anniversaries.  Pay special visits to your employees at their cubicles or offices and let them know what a great job they’re doing.

Challenge your employees.  While not all may agree as this might seem isolating to others, you could also keep a report board by the numbers to show who is succeeding the most and challenge others to live up to that success, meet and exceed it.  Friendly competition motivates.  Teach employees to set goals for themselves that they can meet in a timely, realistic fashion.

Empower your employees.  Remind them to try new things but don’t expect them to be perfect.  Let them know that failure is all part of the process that leads to success.  Give them opportunities to grow.

All the ideas listed above are great ways to motivate your employees to succeed so keep some of them in mind as your business grows because, in essence, it can’t grow without successful, motivated employees.

Here are some articles you might want to check out about keeping your employees motivated in business:

“Motivating Your Employees”: http://www.nolo.com/legal-encyclopedia/motivating-employees-30185.html

“How to Motivate Your Employees”: http://smallbusiness.foxbusiness.com/sbc/2012/05/10/how-to-motivate-your-employees/

“20 Ways to Motivate Your Employees”: http://www.biztrain.com/motivation/stories/20ways.htm

Until next time...

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