Employee motivation can often be a big contributing factor in determining the success of a project or business. Unmotivated employees are less likely to work to their full potential and this could ultimately affect your profit margin. It’s worth investing in a few creative incentives to keep your employees motivated and keep your business successful and profitable. Here are a few examples of how you can motivate your staff:
- Corporate awards – Many businesses have an employee of the month scheme, but why not take it one step further and hold an annual corporate awards ceremony? Have some bespoke corporate awards made up then hold an awards ceremony, you could even incorporate it into the annual Christmas party. Rewards such as ‘Most Improved’, ‘Best Attendance’ and ‘Employee of the Year’ generally work well. Or you could get a bit more creative and add a touch of fun by handing out awards for the wackiest tie etc.
- Corporate perks – Get in touch with other businesses in the area, ideally gyms and leisure activities, and see if they offer any corporate discounts. Some gyms offer reduced membership for employees of local businesses because they’re glad of the extra business it will generate for them in the long run. Do your research and find out what your employees would benefit most from, then find the best deal to suit your company’s needs.
- Goal based incentives – It’s a good idea to offer individual, team based, or company-wide incentives for your employees. For example if they meet their targets for the week you could reward them with a dress-down day or by bringing treats such as sweets and cakes in for them. These types of incentives work well for projects with tight deadlines that require hard work and focus. Your employees will be more motivated to complete the task if they know there’s a reward at the end of its successful completion.
- Seasonal gifts – In order to encourage your employees to work hard throughout the year you could offer seasonal gifts at various times throughout the year i.e. Christmas, Easter and other religious holidays depending on your employees. The lead up to Christmas is usually a busy period for most businesses and you’ll be asking a lot from your employees, so it’s only right that you should reward their hard work by way of a gift or a nice bonus in their pay cheque.
- Wellness program – Start by surveying your employees to find out what their potential health and wellbeing needs are, i.e. weight loss, smoking cessation, team bonding etc. Once you’ve identified what would make your employees happier both in and out of the workplace then you can begin to launch a wellness program to suit their needs. For example if you have a large number of staff interested in weight loss you could offer flexi time which allows for longer lunch breaks in which they can visit the gym. Encourage various clubs within your workforce such as book club, after-work sports clubs, and a stop-smoking club. All of these things will help your staff to bond with one another and achieve goals that will aid their mental and physical wellbeing.
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