When it comes to ensuring that your employees remain engaged and motivated during a long-term business transformation effort, it is essential for leaders to communicate the big picture and keep it at the forefront. This helps employees to understand why they are doing the work, even if it is mundane. Additionally, companies can use additional compensation for achieving objectives, personal rewards from leaders, and free products for managers and the company as strategies for motivating employees. Studies have revealed that offering incentives can lead to a 28% decrease in employee dissatisfaction.
Benefits such as surprise bonuses for the best employees and benefit-sharing opportunities are great motivational factors in the workplace. It is also important to recognize employees' hard work with words of appreciation, as this can have a much deeper and more lasting impact than rewards. The best managers know where their employees excel and position them in a way that engages and brings maximum value to the organization. It is important to set realistic goals that are achievable so that the experience is motivating and not daunting.
Intrinsic motivation is more sustainable in the long term, but external rewards, bonuses, and benefit-sharing opportunities can provide an extra boost. Leaders should also consider providing employees with regular feedback on their performance. This helps them to understand how their work contributes to the overall success of the business transformation effort. Additionally, leaders should provide employees with resources such as training materials and access to mentors who can help them develop their skills. Finally, it is important for leaders to create an environment of trust and respect.
This will help employees feel valued and appreciated, which will in turn motivate them to do their best work. Leaders should also be open to feedback from employees so that they can make changes if needed.