Raising or promoting wages can satisfy your employees. But there are more ways to motivate your teams! "So what are these ways then?" If you say, you've come to the right address.
In order to ensure that employees do their best, all companies must act assertively, provide the means necessary for team members to succeed, and reward them in the most appropriate way when they have tackled a job on their own.
1. Reward your staff who present logical ideas to you.
As you know, employees receive bonuses, commissions, bonuses, etc. they love awards. We would like to tell you about a very good method that increases the communication of employees with each other and enables all employees to contribute to the company: "Employees in successful companies come across their managers with thoughtful and logical ideas from A to Z, which has the potential to improve company activities. Then the other members of the team evaluate and vote on the submitted ideas. According to the results of the voting, managers approve the chosen idea and when the idea is implemented, the employee who develops the idea is awarded.
By implementing such award programs in your company, you can create a sweet and productive competitive environment. In addition, you can track the performance of the people by recording how many awards they received in a certain period of time.
2. Bring flexibility to your working hours.
Unfortunately, not everyone can show high performance by working 9-6. So do not set exact working hours. Give your employees a list of the jobs they need to complete within a certain time frame, then let them set their own working hours. Instead of saying to your team: "You will work from 7 am to 5 pm!", Give them specific goals. In this way, if your employees work hard and get things done quickly, they can go home earlier and earn as much money as they have worked up to 5.
As you can see from this example, the employees who feel that their labor is rewarded, embrace their work with four hands. In addition, if we prepare task lists that are not limited to extremely precise time frames, we can significantly increase both the morale of the teams and their productivity.
3. Organize relaxing and fun activities at work.
Speaking of entertainment, I want to talk about a friend right away. This friend worked in a law firm when he was a student, but there was also a gym in the building where the office is located. Moreover, free yoga lessons were given in the gym! Think about it, you can both work and earn money and relax when you get tired. This is just beyond perfect! Today, there are many companies that organize yoga events in the office, but you can take this one step further. For example, how would you like to organize dance lessons from time to time?
Can Bey, a decoration company, seems to have come a long way in organizing in-house entertainment activities: “We aim to keep our form as a team, and we love to dance. That's why we learn from one of the best dance instructors. The office has a 5-meter-high wall, we open videos from YouTube and project them there, and our instructor shows us two or three movements accompanied by songs. As we keep the team spirit alive in our dance lessons, we have fun and introduce our colorful office culture to newcomers or those who are about to join our team. "
4. Let your employees be creative.
Make sure your employees have fun by dealing with different jobs during their paid leave time. For example, the co-founder and CEO of the mobile application company Nativ is one of the biggest supporters of the "unlimited vacation" policy that has become more and more common lately. The famous CEO expresses his opinions on the subject as follows: “Our company provides" unlimited leave "on a performance basis. Here, our aim is to reveal the creative features of our team members by feeling themselves free. "
Of course, your only option is not to offer unlimited permissions. There are other alternatives, such as giving paid leave to employees who declare that they will participate in volunteer activities. “Over time, you will realize that it is a great thing to allow our employees to do voluntary work, so that we can pay off our debt to the community. For example, you can find a soup kitchen and take food there. "
Some companies, contrary to the examples we give, to their employees, "You will be creative in your time off." or "You can take extra leave if you are involved in volunteer activities." does not require such conditions. Instead, employees are given certain flexibility regarding leave, and some responsibilities are expected to be fulfilled in return. Employees who take leave in such companies are clearly explained their responsibilities and what is expected of them. When the employees understand clearly what is expected of them, there is no problem, even employees who do not abuse such opportunities are encouraged to use more leave.
5. Give your employees shares in the company.
In fact, giving shares to employees is a common practice in the market, but recently CEOs have made it different. Employees are now given a share of the company's current value.
“Make some agreements with your staff. For example, when the value of the company increases, you can increase their share. In this way, everyone will be doing their best to increase the value of the company and earn more. "
Some employers are also adopting the build-and-sell model. Within the scope of the build-sell model, when a certain amount of shares of the company is sold, a certain percentage is given to the key members of the team. Of course, first draw your company's five-year road map, then make the best plans for the future of your company.
We should emphasize that all the entrepreneurs mentioned above are pioneers who come to the forefront by finding talented employees and keeping them in their staff and acting outside the classical "corporate norms" of the business world. It should also be noted that the approaches adopted by these entrepreneurs are specific to the needs of their business lines and company cultures. In other words, there is no rule that you will copy exactly what the people mentioned above have done, so think about it and decide on the best practices for both your team and your company.More Business Posts: Business ideas