Money isn't everything
I recently came across an article that stated that money doesn't have to be the only incentive for employees. At first, I thought that was kind of crazy because money is usually the biggest incentives that will motivate employees more then any other option. Although, after reading the article I realized that there are more then just money incentives that can motive employees to do work. One that stuck out to me talked about how employees should develop goals and challenges that they should try to accomplish. This would be comparable to the SMART goals that we have talked about in class. you don't want to just make any goal, you want to be able and make one that is realistic and very specific. Anybody can just make up a goal they hope to accomplish, but there needs to be some thought put into it. For example, saying something like "I want to generate 10,000 dollars in sales within the next three months" could be something doable for a sales person. I think that is something that is worth doing because it narrows down your personal goals to something very specific and most importantly something that is attainable. I also believe that autonomy plays a major role in non-money based incentives. They are able to freely decide how they want to do their tasks regarding their job. I think that by giving employees more chances to have a say in their jobs will motivate them to work harder because it gives them the chance to do their job the way they want. Do you think that non money based incentives are just as good as money based incentives? What has worked better for you?
-Brian Cullum
I feel that money and non-money incentives are important in the workplace. I believe it depends on what type of person you are when it comes to what drives you to do a good job on tasks that are assigned. For example, in my own experience as a stocker in a small town grocery store their were no money incentives. In place of money incentives for a couple of years was the fact of a discount to the employees and their families of 10%. The thing was the employees were abusing this privilege and giving that discount to their extended family and friends. Therefore there was no real incentives anymore. What drives me as a employee is knowing if I work the hardest out of all the other stock boys I will hopefully get noticed and be promoted at a point in the job. That is what exactly happened to me. I was recognized by the grocery manager and got promoted to night/assistant manager. The thought of possibly getting promoted drives me to be the best.
ReplyDelete-Mitchell Terry-