The money factor An excellent argument can be made that managers can significantly influence employee compensation at many firms. The more these specific behaviours are recognized, the more frequently an employee will repeat them.
However, some need elaboration to clarify what employees are really looking for and what business owners and managers can do to make these factors happen.
There are, however, industries that are definitely growing even in the current economic atmosphere. The same can be said for displaying loyalty to your employees loyalty from management.
Employees should also feel as though they have room and license to voice their opinions and ideas where necessary, without fear of being ignored or pulled rank on. Making jobs better Tell your managers it's their responsibility to ensure their employees are satisfied and motivated.
However you can do more than just the minimum of remunerating someone for their efforts, and issuing the occasional pat on the back. Some employees would be greatly stirred by a formal recognition in front of other colleagues, such as a certificate or a team lunch, while others would prefer some extra praise and insight from yourself.
The basis for effective communication between the two parties is two-sided trust. In many industries around the world there is a significant gap between the skills employers need and the skills available. If this is the case, the employee will do what is necessary to survive.
Work environment Creating a workplace that people feel inspired by is a way of maintaining a motivational buzz Work-life balance is a motivating factor that falls a little bit under both this and the previous sub-heading.
As global fluidity increases companies cannot necessarily rely on the abstract idea of loyalty alone, and will need to look for other motivators.