5 great ways to motivate your employees beyond their salary – EU-Startups
Posted: September 12, 2020 at 3:54 am
The coronavirus pandemic has reached all corners of the planet and changed our lives in one way or another. It has forced the world to slow down in a lot of aspects, the most important one being the economy and everything that surrounds it.
We live in a highly competitive world, in which, for years, salaries, healthcare benefits and holiday time have been the deal breaker when choosing one position or the other. With a generational change and startups coming to life, this is slowly shifting. Nowadays, nearly half of the working population is composed of millennials, who are known to value work-life balance, flexibility and experiences. Not only are they pickier about who they work for, but they also take a deeper look into the values and culture of the company.
This year and the upcoming ones will be tough for a lot of businesses around the globe. Most have been, and will require to, cut down as many costs as possible, one of them being freezing salaries. Communicating this to a team might not be the easiest task for a manager, but before doing so it might be good to get the leadership team together and work on some non-monetary motivations for the employees that revolve around building up a stronger company culture, rewarding employees for their outstanding work and giving them a better work-life balance.
Below we highlight 5 great ways to motivate your startup employees beyond their salaries.
1. Recognise a job well done
Recognising someones work shouldnt have to be pointed out, but sometimes words like well done and thank you are left unsaid without even realising it. These two phrases can go a long way and boost the confidence and overall self-esteem of a person. Recognition creates an emotional connection between the team member, the manager and team that keeps people engaged, connected and motivated.
Heads-up though: Make sure to divide the congratulations and give them on special occasions. Sometimes, congratulating someone in particular too much or for little day-to-day things can divide a team and create an unmotivated environment towards other team members.
2. Flexibility
Work from home and remotely has become the new normal in just a few months. We have learnt that we do not really need to be at the office everyday and that 9 to 5 is slowly vanishing to let work-life balance become a core value to employees.
Flexibility translates into understanding that employees have other lives outside of work and helping them to accommodate their work around this as much as possible. This goes further than the three paid weeks-off and some work-from-home days. In fact, many companies are adapting some aspects indefinitely, like remote work opportunities, flex-time and allowing pets, and sometimes even kids, at work. Giving employees the tranquility of knowing that they can accommodate their work to their life is beneficial for them, their engagement and overall performance. Theres no price on time.
3. Office perks
There are many ways this one can go. The office and its design can be seen as a perk, but most importantly, it can be the key factor to creating a strong company culture and enhance the importance of teamwork. This is all possible when the space is well thought out to create bridges between teams and give them the opportunity to work together more often.
Other small details like a coffee machine or a basket of fresh fruit is also highly welcomed by employees, as it shows appreciation and encourages a healthy environment. If you want to go the extra mile, some companies also host monthly breakfasts with special goodies that make people head into the office 30 minutes earlier. If you see that your employees are more into after-work activities, hosting a monthly free drinks afternoon in a nearby bar is another good option.
5. Create a good environment
We spend most of our day at the office, therefore its important to make sure that employees have the greatest experience while working and feel part of something bigger than just positive results at the end of the day. Communication is one of the most important steps towards creating a hard working and well-functioning team. Giving employees the opportunity to speak up, share and put their ideas into action are some actions that are greatly appreciated and help to boost their confidence and feel appreciated in the company.
Having a good company environment motivates employees to go into work every morning and impacts positively on their performance. Going to work knowing that your voice is heard and that you have a team to lean on are two of the best feelings in the world.
Making sure that your companys values and culture are at the centre of the organization and everything you do. This builds trust, motivates the employees to support these values and live by them, as well as becoming a brand ambassador of the company.
5. Offer experiences
To close down the list were pointing out something that we think is going to take off in the current economic situation. With events and team building activities being complicated at the moment, its time to find other ways to reward and engage employees.
In the beginning of the year most employees were forced to shift to work from home and remote without any previous notice. This change might have affected their performance due to the newness of the situation, but also because of the lack of office supplies and a workspace at home. Offer the opportunity to financially help your employees have what they need to do their work. If they have a second screen at the office, make it possible for it to be delivered at their home as well as other day-to-day things they might need to be able to work.
Granting experiences to your employees can come in many shapes and forms, depending on the person, the company and the financial capabilities. Some companies host workshops, webinars and language lessons in-house, while others prefer to have team building activities. There is no right or wrong in this case, it comes down to knowing what your team would appreciate more.
Conclusion
The current situation is tough and complicated in many ways, but its in times like these that we get the creative juices flowing and find ways to make it work with less. Sometimes we get so wrapped up in what we can and want to do that we dont give attention to the economic impact that it can have.
Yes, salary is important but its even more important to wake up every day and be excited to go to work, see your colleagues and find ways to make someone elses life a little better with your product or service. For this reason, we stand by the fact that building up a company culture that is based on cooperation, communication, employee recognition and a good work-life balance is the right way to go in the world we live in.
Read more here:
5 great ways to motivate your employees beyond their salary - EU-Startups
- Motivation Helps You Grow As A Person Amar Patel - Thrive Global - February 17th, 2021
- Five Ways to Stay Motivated On Your Journey to Success - Entrepreneur - February 17th, 2021
- Lakers top-ranked defense should be all the motivation Nuggets need to improve - The Denver Post - February 17th, 2021
- 5 Podcasts To Spark Your Positivity And Motivation - Women Love Tech - February 17th, 2021
- Kang Daniel Shares How He Found Motivation In Music Again After A Period Of Depression - soompi - February 17th, 2021
- Ajay Singh Tanwar is an epitome of success and motivation for all aspiring entrepreneurs - DNA India - February 17th, 2021
- Harvey Barnes puts Leicester form down to motivation of England squad place at Euro 2020 - The Independent - February 17th, 2021
- Ray Looze Explains How Third Place at Trials Motivated Him to Be Great Coach - Swimming World Magazine - February 17th, 2021
- Ravens LG Bradley Bozeman: Trip To Super Bowl LV Motivation For 2021 And Beyond - Press Box - February 17th, 2021
- Can EBR tourney loss give Zachary motivation vs. Scotlandville? ZHS' coach is banking on it - The Advocate - February 17th, 2021
- Georges St. Pierre Not Motivated by Potential Matchup with Kamaru Usman - Sherdog.com - February 17th, 2021
- Highly-motivated Cameron Weaver, Fruitport teammates ready to defend their individual and team GMAA bowling titles - localsportsjournal.com - February 17th, 2021
- Ways to remain motivated to stay active | Local News - The Sentinel-Echo - February 17th, 2021
- Motivational Monday: How to beat those winter blues - KLBK | KAMC | EverythingLubbock.com - February 17th, 2021
- Appreciate to motivate - The News International - February 17th, 2021
- McWilliams Arroyo Motivated To Achieve Title Dream By Beating Julio Cesar Martinez - BoxingScene.com - February 17th, 2021
- What Reading did before the game to give Millwall big motivation as they come from behind to win - newsatden.co.uk - News At Den - February 17th, 2021
- Warriors Kelly Oubre reveals All-Star he draws motivation from on defense, and its not Draymond Green - ClutchPoints - December 19th, 2020
- Millions of Americans plan to travel for Christmas and New Year, motivated by lower gas prices due to COVID-19 - MarketWatch - December 19th, 2020
- Meet Shane Santacroce, The Entrepreneur, Mentor, And Motivational Speaker Thats Changing The Game - Yahoo Finance - December 19th, 2020
- Man charged after another hate-motivated incident in Edmonton: police - Global News - December 19th, 2020
- Ask Amy: Lately, I can't get motivated to work and am easily angered. What is wrong with me - Omaha World-Herald - December 19th, 2020
- Concern About Loved Ones Might Motivate People to Mask Up and Get Vaccine - YubaNet - December 19th, 2020
- Jose Aldo motivated by becoming champion again ahead of UFC Vegas 17 with Marlon Vera - Bloody Elbow - December 19th, 2020
- Declan Murphy on PSMA Molecules and the Motivation Behind the proPSMA Trial - Cancer Network - December 19th, 2020
- Money will lone motivating factor for NFL owners when it comes to schedule changes - Arrowhead Addict - December 19th, 2020
- Here's what will motivate Patriots after playoff hopes are snuffed out - Yahoo Sports - December 19th, 2020
- Woman in hijab assaulted in 2nd 'hate-motivated' attack in Edmonton this month - CBC.ca - December 19th, 2020
- Author Celebrates Self-Realization and The Beauty of Souls in New Motivational Guidebook - GlobeNewswire - December 19th, 2020
- Red Bull's 'surprisingly quick' Abu Dhabi pace will provide motivation for Mercedes over winter, says Bottas - Formula 1 RSS UK - December 19th, 2020
- Some Motivation to Say the Liturgy of the Hours, Raising Your Children to Be Martyrs, and More! - National Catholic Register - December 19th, 2020
- Fear of Losing Loved Ones Can Motivate People to Get COVID Vaccine - The Quint - December 19th, 2020
- Nazareth motivated by unfinished business | Sports | wfmz.com - 69News WFMZ-TV - December 19th, 2020
- Dodgers: The Kobe Bryant Quote Used by Dave Roberts to Motivate His Team in 2020 - Dodgers Nation - December 19th, 2020
- Conwell Motivated To End Year Strong, Expects Tough Fight With Ashkeyev - BoxingScene.com - December 19th, 2020
- Farmers protest: Motivated campaign, says BJP, readies to fight it out - The New Indian Express - December 19th, 2020
- Andrew Moloney Drawing More Motivation From Brother's KO Loss To Inoue - BoxingScene.com - November 16th, 2020
- Worthington Christian: Warriors turned adversity into motivation - ThisWeek Community News - November 16th, 2020
- How Cy Young winners Trevor Bauer and Shane Bieber motivated each other - The Cincinnati Enquirer - November 16th, 2020
- Batman: The Joker Revealed His True Motivation - And It's Sickening - CBR - Comic Book Resources - November 16th, 2020
- Building a motivated team - Farmer's Weekly - November 16th, 2020
- Blashill: Ryan 'motivated to have a great year' - TSN - November 16th, 2020
- Undrafted rookie Essang Bassey motivated by brother with autism while establishing himself in the Broncos secondary - The Denver Post - November 16th, 2020
- Teacher motivation is vital and COVID-19 may be hurting it - The Conversation UK - November 16th, 2020
- Motivation Monday: From Being Paralyzed To Creating Her Own Company - KFI AM 640 - November 16th, 2020
- Chicago Bears: Two puzzling aspects of Nagys decision - Da Windy City - November 16th, 2020
- Dr. Paul P. Baard's Motivation Matters: The art of giving and receiving critical feedback - The Union Leader - November 16th, 2020
- Rise in racially motivated crimes in Ireland must be tackled, says UN rapporteur - The Irish Times - November 16th, 2020
- Renn motivated to excel on, off field - Sunbury Daily Item - November 16th, 2020
- Low expectations on the outside motivation for Wyoming to 'prove people wrong' - Casper Star-Tribune - November 16th, 2020
- Happy Diwali 2020: 10 inspiring and motivational quotes that perfectly depict the essence of the festival - Times of India - November 16th, 2020
- Rachel Ball Motivated To Reach The Heights of Taylor and Harper - BoxingScene.com - November 16th, 2020
- Tigers motivated for season thats less than two weeks away - wreg.com - November 16th, 2020
- Ailing mom a source of motivation for Lito Adiwang ahead of ONE fight - Sports Interactive Network Philippines - November 12th, 2020
- Weight Loss: 6 Tips That Can Motivate You To Workout On A Day When You Feel Like Skipping It - NDTV Doctor - November 12th, 2020
- Obesity-related gene that controls cravings and exercise motivation in mice could inspire new therapies - FierceBiotech - November 12th, 2020
- Every NL East club has reason to be motivated this winter - MASNsports.com - November 12th, 2020
- Bill Belichick Is Motivating Cam Newton In More Ways Than He Knows - Sportscasting - November 12th, 2020
- Motivated UMass out to prove preseason conference ranking wrong - GazetteNET - November 12th, 2020
- Investigation into racist campaign flyers is politically motivated, men accused of sending them say - NJ.com - November 12th, 2020
- Life coach Vallin Bingley shares Monday Motivation: 'Be confident in who you are' - wtvr.com - November 12th, 2020
- Alex Gibney on "Fever of Rage" That Motivated the COVID-19 Doc 'Totally Under Control' - Hollywood Reporter - November 12th, 2020
- State's winter weather challenges motivation of year-round runners, walkers - Norfolk Daily News - November 12th, 2020
- Third-wheeling Verstappen motivated by Mercedes fight - Motorsport Week - November 12th, 2020
- Doctor on leave from hospital as police investigate racially motivated attack - WBRZ - November 12th, 2020
- Keep your staff motivated and inspired through lockdown 2.0 - Hotel Owner - November 12th, 2020
- Reminded Him Ive Been There How Jimmie Johnson Motivated Chase Elliott to Ove ... - EssentiallySports - November 12th, 2020
- The digital transformation of motivation BCFocus - BCFocus - November 12th, 2020
- How to fill the reservoir of team motivation? BCFocus - BCFocus - November 12th, 2020
- 30-Year-Old Who Admits He Lacks Motivation Offered Opportunity To Reinvent His Life Does He Take It? - Yahoo Entertainment - November 12th, 2020
- How the cold weather affects our workout habits and motivation - Stylist Magazine - October 30th, 2020
- First-time Fil-Am voters share why they're motivated to vote - Asian Journal News - October 30th, 2020
- Happy divers is the motivation for Cambridge Dive Team president Sharyn Bord - Cambridge Independent - October 30th, 2020
- Langer motivated to end season at No. 1 before 37th Masters - pgatour.com - October 30th, 2020
- Here's How I Motivate to Keep Up With Early-Morning Runs Even Though It's Pitch Black! - POPSUGAR - October 30th, 2020
- Tigers Highly Motivated Ahead of LSU Game - Eagle Eye TV - October 30th, 2020
- Motivated to Innovate - CSPDailyNews.com - October 30th, 2020
- Halloween Race Used as Motivation Through Pandemic - FOX 21 Online - October 30th, 2020
- No motivation of money for Stewart in Staggies contract talks, says Kettlewell - Press and Journal - October 30th, 2020
- Preventing and Countering Election-Motivated Violence Without Causing Panic - Lawfare - October 30th, 2020