It's NOT only about Money
-
Upload
moch-kurniawan -
Category
Business
-
view
828 -
download
1
Transcript of It's NOT only about Money
M KurniawanFrom Creative Solution
It’s NOT only About Money!It’s a fact that most people work for moneyIt cannot be denied that salary and financial
compensation are important factors when choosing a job, and when choosing to stay or to leave
It’s also a FACT that MONEY IS NOT EVERYTHING
What motivates an employee and what does not motivate him ?
Basic FactorsMotivational Factors
BASIC fACTORSBasic salary and safe workingDo not wrongly assume that just because you pay
your employees a decent salary (UMR or slightly above UMR, or market rate), you expect them to be motivated. Wrong !
People are NOT MOTIVATED by basic salary !
Motivational Factors If you hope for your employees to be motivated, you must
give the following : Challenging work that allows people to expand their abilities An environment where people can learn An environment where people can enjoy the interaction
between colleagues Recognition for their efforts An environment of respect and self respect
Motivational Factors An important Motivational Factor is Recognition for their effort This can be in the form of a Reward or an Award Here are some common ideas :
Financial incentive Prizes A day off A paid-for holiday trip An opportunity to park in the boss’s parking lot An opportunity to work from the boss’s office for 1 week Being introduced and having lunch with the CEO, etc
HOW You Give It !Here are some ideas to make sure that your employee
REALLY FEELS appreciated and recognized when he receives the award Choose an appropriate person to give the award The Presenter must know about the reward Invite their colleague to comment on the winner Give the winner a chance to comment
Often, it is not the price of the prize. Often what makes
it so significant, touching and memorable is the WAY in
which the award is given. So give it sincerely. Your
employee deserves it !
What makes people stay and want to do a good job and what will cause them to leaveEmployees stay, leave, become motivated, become
de-motivated for a combination of manymany different reasons and different people have
different reasons at different stages of their liveshow do you find out what motivates your employees
and what makes them want to continue to stay to do their job happily ?ASK THEM DIRECTLY !
What Questions To Ask Your Employees ?To help you to get started, here are some simple
but useful questions to ask your employees
What makes you want to continue to stay to do your job ?
What makes you want to go to the other job ?What makes your job interested ?Does We use your potential in your job ?What can I do for help you ?
Here are some obvious benefits of asking these questions Just by asking these questions
Your employee will know that you careConcern with their well-beingThey are important members of your teamThey have an important role to play in the
success of your team Give them as best as you can
Here are some obvious benefits of asking these questions Your employees’ answers to these questions will give you very valuable
insight about : What is really in their hearts and minds What is really important to them What really motivates them and what turns them off Whether or not you are making maximum use of their talent and
potential How committed they are to the team Your management style Your people skills Your strengths and weaknesses as a manager
Here are some obvious benefits of asking these questions They are such simple and straight-forward questions, but
how many of us actually ask our employees these questions ? Why don’t we ask them ?No need to ask because we assume we know the answer ?
Are we paranormals ? Can we read people’s minds ? No time to ask these questions ? Can’t be bothered to ask because you really don’t care
how they feel and think ? Yet you want them to perform their best ?
The Right Way To Ask The Questions
The InterviewA “Chance” Conversation
The Interview Invite your employee into your office Make sure that your timing is right
When he is busy with his workWhen has other important things to think about/doWhen he is chasing a datelineHe has to settle a problem with an angry customer
Your employee is relaxed and is in the mood to have a conversation with you
A “Chance” Conversation Invite your employee for lunch/diner/a drink or at the canteen Informal convertation
The reality is that you may not want to ask so many questions at one go. Asking so many direct questions may sometimes “frighten” your employee.
You may have to re-phrase these questions so that they do not sound so direct
You may want to slip these questions subtly in between your conversation so that they do not realize you are asking these questions
A “Chance” Conversation If you and your employees are not used to talk at this “intimate” level,
such questions may cause some easiness. They may be thinking : Why are you suddenly asking such questions ? Have they done something wrong ? Are you planning to transfer them away ? Are you asking these questions to decide the size of their bonus ? Are you asking them these questions to decide whether they are
qualified for the next promotion ? Are you trying to dig some information from them about their other
colleagues ?
Take a home massagesWhatever the considerations, if you want to know
how to motivate your employee, what keeps him motivated, the reasons why he is staying on the job, what factors will cause him to leave, etc, one way or another you will have to ask him these questions
Take a home massagesYou do not need to ask them these weekly -
once every quarter is more than enough. Knowing what makes your employee tick will
have a significant impact on your effectiveness as a manager and to enhance the overall performance of your team
Good luck and have a nice The Best Team
I would like to say thank you to Mr James Gwee for his inspiration to create this presentation
Mr James Gwee