I speak often about the “5 Ps” of workplace motivation that matter more than money: purpose, progress, pride, praise and passion. Money, in fact, isn’t always honey when it comes to motivating employees. What money is great at motivating people to do is this: look for work when they are unemployed and show up at work week after week. In other words, money puts bums in the seats.
But to get those bums up and moving, to engage hearts and minds, and to turn long term employees into truly loyal employees, it takes more than money. The info-graphic below is a great reminder of the need to consider a multitude of factors when it comes to employee motivation, recognition, and engagement. Courtesy: http://www.bamboohr.com/blog/reward-and-recogntion-survey
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