A central, organized, archive of all the useful posts I found regarding the diverse topic of "business" ranging from ideas, to start ups, personal development, marketing, sales, entrepreneurs, human resources, managing, etc. I hope the info I share can empower people to improving their business environment.
Monday, October 8, 2012
How To Reward Employees On A Tight Budget
How To Reward Employees On A Tight Budget: The past few days I was working with a wonderful group – the senior Legal and Policy team of a client company – and we were talking about how to foster an environment where “employees are happy to come to work and can achieve their potential.” Someone noted that’s harder when money's tight - when, for instance, you don’t have the budget to pay overtime or give significant raises. Which led to a great conversation about what’s motivating to people. We all agreed that money is great (it’s hard to imagine employees saying no to more money), but that you can reward and incent people in meaningful ways that don’t involve financial compensation.
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