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You are in the midst of hiring new people for your business
You are in the midst of hiring new people for your business. Beyond pay, what factors are important in motivating employees to provide you with the greatest value? Is it possible to quantify these?
Expert Solution
Factors that are important to motivate and attract employees are:
- Offering bonus and incentives to the employees so that they become motivated and work more effectively in order to gain incentives and bonus.
- Recognizing and awarding the hard work of the employees. When employees feel recognized and get awards for their hard work, they become more encouraged and try to work more efficiently for the organization.
- Creating a safe and friendly work environment for the employees will motivate them and making them support each other will create unity in the organization.
It is not possible to quantify these factors. These factors depend on the employers and the culture prevailing in the organization.
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