14
to Motivate People at L e a d e r ' s G u i d e W o r k

Leader's Guide to Motivate People at Work

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Page 1: Leader's Guide to Motivate People at Work

toMotivate People

at

Le

ader's Guide

Work

Page 2: Leader's Guide to Motivate People at Work

◎ higher morale◎ performance and◎ productivity.

30% of executives say that motivating their employees is their toughest job

Why Motivation Matters?

Page 3: Leader's Guide to Motivate People at Work

COST

The average employee wastes 2 hours of a workday

Disengaged workers cost the economy $300 billion per year

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Page 4: Leader's Guide to Motivate People at Work

Disengaged workers cost the economy $300 billion per year

Carrot and Stick Approach

Most managers use it to induce a desired behaviour by blending rewards with punishment.

Problem: It only works for simple, straightforward tasks. If a task requires any creative thinking, this approach doesn't work.

Page 5: Leader's Guide to Motivate People at Work

Money

89% of employers assume employees leave for more money, but only 12% of employees actually earn more from their next company.

Money is a motivator, but if you pay enough, other incentives come into play

Page 6: Leader's Guide to Motivate People at Work

Mastery /ˈmɑː.stər.i/

the urge to direct our own lives

the urge to get better

Purpose /ˈpɜː.pəs/

Autonomy /ɔːˈtɒn.ə.mi/

be a part of something meaningful

What Motivates People?

Page 7: Leader's Guide to Motivate People at Work

Survey Says...

% of workers who claim the following factors are very effective motivators:

cash bonuses

pay raise

stock options

60%

52%

35%

praise from managers

attention from leaders

more responsibility

67%

63%

62%

Page 8: Leader's Guide to Motivate People at Work

Guide, Step 1. More praise

� Use Weekdone to know employee's current status and tasks� Be specific with your feedback� Use discerning or analytical tone when giving praise

“Your timeliness always helps me do my job better.

Thanks.”

Page 9: Leader's Guide to Motivate People at Work

Step 2. More attention

Only 40% of employees are well informed of their company’s goals, strategy, and tactics

� Take time for 1:1 meetings� Give people purpose by explaining the bigger picture� Use Hierarchical Objectives and Key Results to help people understand how company goals align with theirs

Page 10: Leader's Guide to Motivate People at Work

� Give more demanding tasks

� Give the freedom to decide for themselves� Offer opportunities for their suggestions

Step 3. More responsibility

Study found: The harder a project is, the prouder we feel of it

Page 11: Leader's Guide to Motivate People at Work

Properly structured incentive programs can increase employee performance by as much as 44%

� Make sure it stands out from regular pay

� Rewarded goal has to be realistic and at the same time challenging� Make sure the reward system is reviewed and changed if needed

Step 4. Better bonuses

Page 12: Leader's Guide to Motivate People at Work

Step 5. Pay raise

� Should be in correlation with the results and the development of an employee� Discuss the amount and terms with the employee before hand� Raise should be around 10% to make an impact

Page 13: Leader's Guide to Motivate People at Work

� Should be in correlation with the results and the development of an employee� Discuss the amount and terms with the employee before hand� Raise should be around 10% to make an impact

Use a performance management tool like Weekdone Know the status of your employees Give transparent feedback Set company, department, team and personal goals

Step 6. Use Weekdone

Page 14: Leader's Guide to Motivate People at Work

Use a performance management tool like Weekdone Know the status of your employees Give transparent feedback Set company, department, team and personal goals

Step 6. Use Weekdone

Time Management Guide

How to Set SMART Goals

BY WEEKDONE WEEKLY STATUS REPORTS

12 BEST

TIME MANAGEMENT

TECHNIQUES

HOW TO SET

S M A R TGOALS

7 Lifehacks: How to Succeed in Productivity Without Really Trying

BE MORE PRODUCTIVE NOW7 LIFEHACKS BY WEEKDONE

(that can be absorbed during a coffee break)

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