Oftentimes, as employees, we find ourselves lamenting how overworked and underpaid we are. One of the challenges of managers and leaders is motivating employees. While we would probably agree giving an employee more money is a powerful motivator, what else could an employer do in order to motivate others to perform to their fullest potential? Please also discuss what your company (if you are currently employed), or another company you are familiar with, currently does that is a great motivator, or is a unique employee benefit. in 200 words.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Oftentimes, as employees, we find ourselves lamenting how overworked and underpaid we are. One of the challenges of managers and leaders is motivating employees. While we would probably agree giving an employee more money is a powerful motivator, what else could an employer do in order to motivate others to perform to their fullest potential? Please also discuss what your company (if you are currently employed), or another company you are familiar with, currently does that is a great motivator, or is a unique employee benefit.

in 200 words.

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Undoubtedly, Money is the Biggest Motivator but there are some other motivators as well to keep the employees happy and satisfied at work some of them are,

1. Being an excellent communicator is essential.
Leaders will struggle to motivate their teams if they lack excellent communication skills. One of the keys to ensuring the open and transparent office culture that you desire is effective communication. In addition to the eventual success that results from increased motivation.

2. Be an excellent listener.
The ability to listen effectively goes hand in hand with excellent communication skills. Your employees have ideas and opinions about how to make certain work situations better. As a manager, leader, and motivator, it's critical that you pay attention to them and consider what they have to say.

3. Parenting is not the same as dating.
Employees have a sense of shared responsibility when they are partnered with. Because the employee feels both responsible and rewarded, this managerial style allows the employee to develop a more self-motivated working style.

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