4 Ways to Increase Employee Motivation Without Raises or Promotions

March 2, 2017

9:15 am

Employees are the lifeblood of your company, and if you aren’t showing them that you care, you’re going to have a bad time. While you might think raises and promotions are the only solution to this pressing problem, you’re wrong. There are plenty of ways to improve employee motivation without dipping into your wallet or assigning meaningless titles.

We asked four entrepreneurs what one thing they do to motivate their employees without raises or promotions. Check out what they had to say and get your employees working harder than ever:

Make Them Care

This one’s easy – give them ownership of their job. Give them a reason beyond a paycheck why they should care about the work they do. And if they aren’t passionate about their job, talk to them and find out how you can help them be passionate.

– Steven Buchwald of Buchwald & Associates

Host Company Activities

As an SEO agency working in high-pressure situations in an ever-changing environment, it’s hard to help employees balance work and life. Employee satisfaction and happiness directly correlates with motivation and work quality. My team and I take ski/snowboard trips together, go on a whitewater rafting trip in the summer, and on occasion, I take them out for drinks after work.

– Chris Rodgers of Colorado SEO Pros

Bond With Them

This past summer we had the most incredible team outing day at The Crescent Beach Club in Bayville, New York. The entire day was planned for the team from the limo ride out to Long Island, to beach volleyball and kayaking. It was a bonding experience for our agency and everyone still talks about it as the most fun day of the year. We will be doing it again this summer!

– Steph Jill Cartin of Socialfly NY

Treat Them to Dinner

Treat your employee to a dinner for two at one of their favorite restaurants or a place you know they have wanted to try. If they are a sports fan, concert goer or lover of classical art performances, you can put a cherry on top by throwing in a couple tickets to that as well.

– Chuck Pettid of RainmakeMe

FounderSociety is an invitation-only organization comprised of ambitious startup founders and business owners.

This article is courtesy of BusinessCollective, featuring thought leadership content by ambitious young entrepreneurs, executives & small business owners.

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Young Entrepreneur Council (YEC) is an invite-only organization comprised of the world's most promising young entrepreneurs. YEC members generate billions of dollars in revenue and have created tens of thousands of jobs.

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