Almost all responsible organizations offer their employees traditional incentives like competitive compensation and stock options. But how much do people really value these things? To make motivators effective and recognition count, managers and HR teams should aim to create a menu of choices that are meaningful to employees and reflect the company’s values. Following is a list of suggestions to consider and explore and expand upon with your unique employees:
Employee priority: I want to keep learning.
Work that’s different in content, place, or responsibility
Challenges that involve some risk
Assignments that develop interpersonal skills
College classes on-site and advanced professional education
Employee priority: I want to achieve reasonable security.
Guarantee of cutting vacations, salaries, and benefits before any major layoffs
Hiring and promotions based on merit and peer review
Career counselors available to help increase my value to the organization
Bonus pay for achieving goals and treating others with respect
Employee priority: I want to be successful.
Opportunities to be entrepreneurial and create new projects or businesses
Opportunities to lead and make decisions
New positions created to accommodate and showcase special talents
Acknowledgement of my contributions to my profession and my community
Employee priority: I want my work and my family to flourish.
Ability to earn a partnership or tenure while working less than full time
Respect and consideration for dads as well as moms
Cutting-edge communication tools so I can work anywhere, any time
Clear agreed-upon rules in regard to employee accessibility
Employee priority: I want my life as well as my work to have meaning.
Work that contributes to causes I personally believe in
Opportunities to see the difference that my work makes
Paid time off for volunteer commitments
Organization that expects employee input and welcomes new ideas
Adapted from ONE FOOT OUT THE DOOR: How to Combat the Psychological Recession That’s Alienating Employees and Hurting American Business by Judith M. Bardwick, Ph.D. (Published by AMACOM).