Many managers mistakenly think that money is prime motivator for their employees. However, according to surveys by several different companies, money is consistently ranked five or lower by most employees. So if money is not best way to motivate your team, what is?

The three most important issues according to employees are; respect, a sense of accomplishment, and recognition. Yes, money is important but it is not as critical as these other components. Taking these into consideration, let’s explore seven ways to keep your team motivated:

1. Involve them. Many employees want to be involved in ongoing development and progress of their company. Plus, they often have insightful ideas that can make a significant difference in company. And when they are involved, they buy-in faster and resist less. This means you can implement change(s) more quickly and easily.

2. Communicate. Very few businesses can be accused of over-communicating. A frequent axiom in business is, “No news is good news.” However, employees want regular updates on progress of business and their personal performance. Use memos, email, telephone, and one-on-one and group meetings to keep your team apprised. Talk to your team members regularly, have lunch or coffee with them, Let them know if business is on track. Tell them what challenges are currently being faced (they may have suggestions). It is also important that you give them feedback on their performance. If you have a concern with a specific component, tell them and give them opportunity to correct their behavior. When I worked in corporate world I was always surprised how many employees did not receive feedback of any kind pertaining to their performance.

3. Celebrate individual and team performance. Catch people doing something right and focus on recognizing excellent performance. On an individual basis you can provide positive reinforcement, issue awards, use a corporate newsletter to highlight specific achievements. Send thank-you, birthday, and anniversary cards as well as congratulatory notes. Make personal phone calls, and send emails. Better yet, if you work in a large organization, have a senior executive send email or make call.

To recognize team efforts, post performance charts on wall or throw an impromptu get-together., Treat them to lunch or a pizza party, post team pictures on your Intranet and in their work environment or give them plaques, certificates, coffee mugs, etc.

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Hence: comes search for a new career.

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Therefore, I decided that maybe I needed to do more research and try to reconvince myself that I had not totally lost controll of my senses.

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