Non-material motivation
Posted: Mon Jan 20, 2025 9:31 am
Only volunteer movements, where people care least about money, manage to build a motivation system based on spiritual ideals. However, non-material incentives can and should be used in any organization. These include:
career prospects;
motivational speeches job seekers database from management or stories about professional achievements;
contests and competitions (including those not related to the business area);
conducting team building activities;
honor boards;
cultural events;
public praise of distinguished employees;
feedback - involving employees in creating a corporate culture;
support in difficult situations;
active participation of management in the life of the team, showing attention to the success of each employee.
Intangible methods may include flexible scheduling and remote work if employees have proven their reliability.
Increase Your Profits by 10X: 5 Key Metrics You Must Track
Alexander Kuleshov
Alexander Kuleshov
General Director of Sales Generator LLC
Read more posts on my personal blog:
After working with over 300 online projects , I can guarantee: monitor these metrics weekly and your company will not only survive, but also increase its profits by 10 times!
In the context of sanctions and crisis, knowing the ROI of your advertising decides whether your business will be successful. Tracking these 5 critical indicators is the key to your prosperity.
What you get for free:
5 Key Metrics to Increase Profits by 220%
The Secret ROI Formula: Instant Advertising Efficiency Calculator
Anti-crisis Solutions Matrix: Find the Perfect Strategy for Your Business in 15 Minutes
We have prepared all the documents and templates with formulas for you. And yes, it is FREE:
Download documents for free
Already downloaded
153327
Principles of the personnel motivation system
Let's look at the main ones:
It is better to introduce a motivation system gradually
This will convince employees of the need for change and allow them to adapt. Following these recommendations, you can create an effective system of motivation and incentives for staff, in which employees feel the desire to work for results.
Define the company's goals and tie bonus indicators to them
The bonus amount is determined by the results of the company's activities for a specific period. The procedure for assigning bonuses must be clear and known to all employees.
Define the company's goals and tie bonus indicators to them
Source: shutterstock.com
Aim to ensure that each employee's achievements are in some way related to the core business objective. For example, you might set a condition for the HR department that vacancies must be filled at least 95% of the total number of jobs. In this case, there is a connection: a shortage of workers leads to a reduction in production and loss of profit, and therefore to a reduction in bonuses.
Change bonus indicators
It is impossible to focus on the same indicators all the time. Improving the personnel motivation system is necessary for its successful operation. The timing of adjustments is set taking into account the dynamics of the business and the stability of its condition.
Thus, at the initial stages of the company's work, new bonus indicators can be set quarterly. As the business strengthens, they can be reviewed every year and less often. When some indicators are achieved, others need to be included in the bonus system.
career prospects;
motivational speeches job seekers database from management or stories about professional achievements;
contests and competitions (including those not related to the business area);
conducting team building activities;
honor boards;
cultural events;
public praise of distinguished employees;
feedback - involving employees in creating a corporate culture;
support in difficult situations;
active participation of management in the life of the team, showing attention to the success of each employee.
Intangible methods may include flexible scheduling and remote work if employees have proven their reliability.
Increase Your Profits by 10X: 5 Key Metrics You Must Track
Alexander Kuleshov
Alexander Kuleshov
General Director of Sales Generator LLC
Read more posts on my personal blog:
After working with over 300 online projects , I can guarantee: monitor these metrics weekly and your company will not only survive, but also increase its profits by 10 times!
In the context of sanctions and crisis, knowing the ROI of your advertising decides whether your business will be successful. Tracking these 5 critical indicators is the key to your prosperity.
What you get for free:
5 Key Metrics to Increase Profits by 220%
The Secret ROI Formula: Instant Advertising Efficiency Calculator
Anti-crisis Solutions Matrix: Find the Perfect Strategy for Your Business in 15 Minutes
We have prepared all the documents and templates with formulas for you. And yes, it is FREE:
Download documents for free
Already downloaded
153327
Principles of the personnel motivation system
Let's look at the main ones:
It is better to introduce a motivation system gradually
This will convince employees of the need for change and allow them to adapt. Following these recommendations, you can create an effective system of motivation and incentives for staff, in which employees feel the desire to work for results.
Define the company's goals and tie bonus indicators to them
The bonus amount is determined by the results of the company's activities for a specific period. The procedure for assigning bonuses must be clear and known to all employees.
Define the company's goals and tie bonus indicators to them
Source: shutterstock.com
Aim to ensure that each employee's achievements are in some way related to the core business objective. For example, you might set a condition for the HR department that vacancies must be filled at least 95% of the total number of jobs. In this case, there is a connection: a shortage of workers leads to a reduction in production and loss of profit, and therefore to a reduction in bonuses.
Change bonus indicators
It is impossible to focus on the same indicators all the time. Improving the personnel motivation system is necessary for its successful operation. The timing of adjustments is set taking into account the dynamics of the business and the stability of its condition.
Thus, at the initial stages of the company's work, new bonus indicators can be set quarterly. As the business strengthens, they can be reviewed every year and less often. When some indicators are achieved, others need to be included in the bonus system.