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PRACTICE
Management
The 4 favorite motivators for 2011

Motivated employees like going to work, they enjoy their time at work and are friendly and helpful to other people. The right inducement seems to be a magic formula for a company’s internal and external success. But what is the best type of motivation?
  1. Incentive system liked by employers – not liked by employees
    Bosses like to encourage their employees to produce peak performance with incentive systems. However, this alternative is not popular with employees.
  2. Unsuitable incentive: Awards
    Awards such as “employee of the month” are not popular for either side.
  3. Further development possibilities
    Most employees can be encouraged by further development possibilities. Employers also favor this method. It’s not really surprising if you consider that both sides can benefit from this; after all, employees who want to keep developing also contribute to value adding in the company.
  4. Cash is always popular
    Monetary incentives are the second most popular motivator. But even employers choose money as a favorite means of motivation.
 A recent survey by the Austrian job portal karriere.at showed that bosses often use the wrong form of motivation for their staff. While a third of the decision-makers want to encourage their employees to perform well with incentive systems such as cash or promotion opportunities within the company, almost half of those surveyed feel most motivated by the possibilities of training and advanced training. There was agreement when it came to money: 35 percent of employers like this method and 25 percent of employees can be motivated by this.

More information
http://www.karriere.at



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 News - 25.05.2013
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