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August 2003 Food For Thought **********************************************
Some Surprising Findings on: Employee Motivation
When you think about what motivates employees, the first thing that probably comes to your mind is money. However, some recent findings have shown that money is not a top motivator. Surprisingly, many surveys have indicated that a high salary isn't paramount in producing job satisfaction.
The National Opinion Research Center at the University of Chicago found that employees rank salary as only the third most important factor in how much they like their jobs. The chance to do "important work that gives a feeling of accomplishment" ranks number one. Furthermore, a survey by Right Management Consultants found that 83 percent of some 500 workers surveyed were "motivated by challenges at work."
So, what does this mean to employers and managers? Well, taking these findings into account, it indicates that you should be making every effort to stay in touch with your employees' goals, and what is most important to them. Simply asking an employee what aspect of their job makes them feel valuable and exploring avenues to hone in on those items can go a long way in producing job satisfaction.
When it comes to employee motivation, sometimes it's the simple things that can do the trick" praising employees who've done a good job, and letting them know how much you appreciate their work on a regular basis.
Interested in learning more about this topic? Make sure you check out September's newsletter" it's all about employee behavior and attitudes!
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