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INCREASING
MOTIVATION:
THE REWARD SYSTEMS OF
COMPETITION AND APPRECIATION
By Jon Belsher
SOMETIMES IT
CAN BE
DIFFICULT
to motivate your employees if business is
slow. There are other factors for low
motivation too, such as the season or
personal matters. How can you increase
your employees motivation? Two
important tactics are friendly
competition and employee appreciation.
FRIENDLY
COMPETITION
can be a source of motivation for
employees to succeed at work. Charles
M. Schwab, an American steel magnate
known for making Bethlehem Steel and
becoming the second-largest
steelmaker in the U.S., once said, the
way things get done is to stimulate
competition. Schwab encouraged a
friendly rivalry between the day and
night shifts at Bethlehem Steel by
writing each shifts production numbers
on the mill floor. This helped increase
overall production since both shifts were
trying to outperform the other.
IN TODAYS
BUSINESS
REALM
competition can encourage innovation
and creativity. It encourages employees
to think and act outside of their comfort
zone. It also can help employees
become more productive by performing
in potentially new and innovative ways..
HERE ARE A FEW
SUGGESTIONS TO ENCOURAGE
FRIENDLY COMPETITION
AMONG YOUR EMPLOYEES:
Employees who have the most sales each month receive gift
cards to their favorite restaurants.
Employees receive a raffle ticket for each sale they make.
Employees who outline the best business solution(s) of the
quarter, year, etc. receives a bonus.
AS FOR
EMPLOYEE
APPRECIATION,
competition can encourage innovation
and creativity. It encourages employees
to think and act outside of their comfort
zone. It also can help employees
become more productive by performing
in potentially new and innovative ways..
COMPANIES
LIKE
Google show appreciation to their
employees by offering 100,000 hours of
free massages. Employees at NetApp, a
multinational storage and data
management company, receive calls
from senior managers when theyre
caught doing something right.
YOU CAN EMPLOY APPRECIATION
TACTICS WITH YOUR EMPLOYEES
AS WELL. HERE ARE SOME WAYS
TO DO SO:
Birthday shoutouts.
Recognizing an employee for a job well done on a particularly
difficult project.
Ordering a catered lunch to express your appreciation to your
employees.
Featuring an employee in your monthly or quarterly newsletter
who did something truly spectacular for your company.
EMPLOYEES
NEED TO BE
MOTIVATED.
At the same time, they like to feel
appreciated and want to see the
difference they are making in their
organization and be recognized for it.
Whether youre in the steel business or
healthcare, friendly competition and
rewards systems can be beneficial for
your employees well-being and
motivation which ultimately leads to
improved retention.
VISIT
JONBELSHER.COM
FOR MORE INFORMATION ABOUT
EXECUTIVE LEADERSHIP

More Related Content

Increasing Your Employee Motivation

  • 1. INCREASING MOTIVATION: THE REWARD SYSTEMS OF COMPETITION AND APPRECIATION By Jon Belsher
  • 2. SOMETIMES IT CAN BE DIFFICULT to motivate your employees if business is slow. There are other factors for low motivation too, such as the season or personal matters. How can you increase your employees motivation? Two important tactics are friendly competition and employee appreciation.
  • 3. FRIENDLY COMPETITION can be a source of motivation for employees to succeed at work. Charles M. Schwab, an American steel magnate known for making Bethlehem Steel and becoming the second-largest steelmaker in the U.S., once said, the way things get done is to stimulate competition. Schwab encouraged a friendly rivalry between the day and night shifts at Bethlehem Steel by writing each shifts production numbers on the mill floor. This helped increase overall production since both shifts were trying to outperform the other.
  • 4. IN TODAYS BUSINESS REALM competition can encourage innovation and creativity. It encourages employees to think and act outside of their comfort zone. It also can help employees become more productive by performing in potentially new and innovative ways..
  • 5. HERE ARE A FEW SUGGESTIONS TO ENCOURAGE FRIENDLY COMPETITION AMONG YOUR EMPLOYEES: Employees who have the most sales each month receive gift cards to their favorite restaurants. Employees receive a raffle ticket for each sale they make. Employees who outline the best business solution(s) of the quarter, year, etc. receives a bonus.
  • 6. AS FOR EMPLOYEE APPRECIATION, competition can encourage innovation and creativity. It encourages employees to think and act outside of their comfort zone. It also can help employees become more productive by performing in potentially new and innovative ways..
  • 7. COMPANIES LIKE Google show appreciation to their employees by offering 100,000 hours of free massages. Employees at NetApp, a multinational storage and data management company, receive calls from senior managers when theyre caught doing something right.
  • 8. YOU CAN EMPLOY APPRECIATION TACTICS WITH YOUR EMPLOYEES AS WELL. HERE ARE SOME WAYS TO DO SO: Birthday shoutouts. Recognizing an employee for a job well done on a particularly difficult project. Ordering a catered lunch to express your appreciation to your employees. Featuring an employee in your monthly or quarterly newsletter who did something truly spectacular for your company.
  • 9. EMPLOYEES NEED TO BE MOTIVATED. At the same time, they like to feel appreciated and want to see the difference they are making in their organization and be recognized for it. Whether youre in the steel business or healthcare, friendly competition and rewards systems can be beneficial for your employees well-being and motivation which ultimately leads to improved retention.
  • 10. VISIT JONBELSHER.COM FOR MORE INFORMATION ABOUT EXECUTIVE LEADERSHIP