8 Ways to Motivate Your Employees When Funds Are Low

August 13th, 2013 by

carrrotsMotivating employees to be more engaged and productive is a common concern for employers. Organizations will often reward employees with raises or promotions for their previous good work in hopes that they’ll be even more productive. While raises and promotions are good incentives for increasing engagement and efficiency, the funds or new positions are not always available.

So what can employers do to motivate employees when funds are low? Several things! Research shows that money and job titles are not always top motivators. There are other ways to show your staff members that their contributions matter.  Below is a list of ways to boost morale and productivity without blowing your budget. Try incorporating some at your workplace:

  • Give your top employees an extra day of paid time off
  • Whether it’s in writing or said out loud, make sure you thank your staffers for their efforts
  • Schedule lunch and learns to explore topics that are of interest to your employees
  • Start committees to improve your workplace community and invite your high potentials to serve as committee members
  • Purchase gift certificates to a movie theater or restaurant and give them to deserving employees
  • Invite your green employees to shadow under or be mentored by your high-level managers as a form of professional development
  • Throw invitation-only appreciation events for employees who completed big projects or took on more work
  • Coordinate a food or ice cream truck visit at your workplace and treat your employees to free food or dessert

CAI members provided many of the tips above through CAI’s list serve, a member benefit that enables participants to ask peers at member companies for advice, recommendations and best practices for their organizations. Recent topics members have discussed on the list serve include vacation policies, executing performance reviews, short term disability coverage and many more. For additional information about a CAI membership and signing up for the list serve, please contact an account manager at 919-878-9222 or 336-667-7746.

Photo Source: Leo-setä

 

Leave a Reply