Employee motivation is about setting a desire to achieve a goal for your employees. Your employees need motivation to work better. They may need a push sometimes. If your employees are motivated, they will aim to achieve better results.
Low motivation can be witnessed within a workplace when an employee is not at all productive, not doing what is required and not contributing towards the main objective of the business. Basically, the employees are doing the bare minimum, just enough to not get fired.
For a business and its operations, this can be harmful.
Importance of employee motivation
Motivated workers work with more pride and enjoy their job. They will produce higher levels of output and complete tasks more quickly. On the other hand, poorly motivated staff will take time off, not be happy while doing their work and create disturbance in the workplace. This “negative” behavior from the employees is likely to cost the businesses financially.
High levels of employee motivation also helps to retain and attract talented employees. This benefits the business as the best employees in the market look at the particular firm as their first choice. Once that business gets to hire the best people, its productivity automatically rises. It is important for a business to keep hold of its employees. Highly motivated staff are less likely to leave their job.
This is good because less turnover means less training and recruitment costs. If a business has high quality workers, it is important to keep them motivated. The business is most likely to get a competitive edge against its competitors if it manages to keep these high quality employees motivated. This effect is even greater in competitive markets where it is a must to have the best workers working for you, not for your employees.
Moreover, the best employees from rivals shall also be attracted. When the workforce is cheerful and motivated, the work environment will be pleasant and this improves customer satisfaction. And as everyone in the business world knows, customer satisfaction is the most important thing for a business.
Maslow’s hierarchy of needs
Abraham Maslow, a psychologist, recognized the needs of employees and put them in order of importance through a hierarchy. He stated that physiological needs like food, clothing and shelter were the most important. Maslow suggested that these needs should be fulfilled by giving workers ample pay.
The next part of the hierarchy includes safety and security needs for your workers. These involve giving the workers safe working conditions to work within and a sense of job security—making sure that they do not lose their job because of a small mistake. Once these were fulfilled, social needs came in next. Everyone needs to have friends, people they can trust and socialize with outside work.
The highest steps of the hierarchy contain esteem needs of the workers (regarding getting respect and being feared) and finally self-actualization. Maslow suggested that self-actualization is the most important motivating factor and yet only a small number of employees manage to reach it within their lives.
Methods of motivation
Businesses can use different ways to motivate workers. Some businesses pay loyalty bonuses to hardworking employees annually. Those who get these bonuses feel valued and are therefore motivated to work better and in a more efficient manner. Other businesses may use commissions to motivate staff to work harder.
Commission is a payment for reaching a target. The higher your sales, the higher your commission. As these are directly linked to performance, they can be used to “get more” out of employees without having to pay them much more that they were earning before.
However, non-financial ways of motivating employees are also popular in some firms. These firms focus on giving their employees fringe benefits, which can be described as benefits or perks over the normal wage or salary.
These include company car or free health insurance etc. As these are given to only higher positions like senior management, workers are likely to work harder to get a promotion so that they can enjoy the fringe benefits the company offers.
Many businesses use time rates or piece rates. Piece rates are getting paid according to the quantity employees produce. This motivates workers to be more productive in terms of the number of units produced and can be very useful for manual labor. In the time rate method, workers are paid according to how many hours they spend on the job. Use the time clock wizard to calculate the wages of all your workers without a hassle.
Benefits of Time Wizard Clock
- Accurate time records of employee’s entries and exists
- Deciding a fair and just payroll system
- Motivating the employees by introducing a transparent system
- Clear records that will help in deciding the incentives and rewards for excelling employees
- Cost-effective tool for deciding the payroll and wages for a large pool of employees
Everyone needs to be motivated. Demotivated employees may make excuses to take leaves and unnecessary breaks, not working to their full potential. Businesses will suffer from this just as much as the employees and therefore, no one benefits. The benefits of motivated and happy are important for a business and most of them are already mentioned above.
Thus, it is important that employees are well motivated at all times.