Motivating Employees: It’s Not Always About Money
Are your employees excited about the work they do or just putting in time? According to a recent McKinsey Quarterly survey, nonfinancial motivators can effectively reward top performers with satisfactory salaries. Respondents rated the following nonfinancial incentives as “extremely” or “very effective”: • 67 percent cited praise and commendation from their immediate manager. • 63 [...]