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Business strategy
The Impact of staff motivation incentives on productivity
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[QUOTE="Holicent, post: 260967, member: 76163"] One of the most significant factors in employee motivation is the growth of their careers. In order to do this, employees need to feel that they are being rewarded and recognized for their efforts. Incentives can be used to increase staff motivation, but they must be applied strategically. For example, an employee may be motivated by a new technology, which will give them more control over their work environment. However, if this technology is only available to management, this may not be sufficient motivation for the staff member. It is important to consider both short-term and long-term goals when creating incentives for your employees. If an incentive is only offered at the end of each year, it could cause problems because it doesn't provide enough motivation for staff members during the year. Instead, you should look at incentives as ways of improving productivity over time. However, you can give cash too sometimes, but I feel it's not always about cash. [/QUOTE]
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