Motivate Without Spending Millions

Rewarding more employees more often with less money may work better than giving just a few a whole lot. The standard way of recognizing good performance -- bonuses, new titles, high-priced quarterly giveaways to only the very top people -- doesn't motivate employees very effectively. What reall...

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Veröffentlicht in:Fortune 2010-04, Vol.161 (5), p.37
1. Verfasser: Demos, Telis
Format: Magazinearticle
Sprache:eng
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Zusammenfassung:Rewarding more employees more often with less money may work better than giving just a few a whole lot. The standard way of recognizing good performance -- bonuses, new titles, high-priced quarterly giveaways to only the very top people -- doesn't motivate employees very effectively. What really works, says Eric Mosley, Globoforce's founder and CEO, especially for a budget-constrained company, are the things you might dismiss as the stuff of kindergarten: small awards, all the time, to almost everyone.
ISSN:0015-8259