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6 ways to motivate your employees without money

6 ways to motivate your employees without money

June 6, 2023

The ability to motivate employees is one of the most important competencies that a good leader should possess and that you should consider any business organization that you want to succeed.

Money is undoubtedly one of the great sources of motivation par excellence when we decide to accept a job offer. However, there are other motivating sources (both extrinsic and intrinsic) that make workers feel comfortable in their workplace and, therefore, perform at a high level.

  • Related article: "Types of motivation: the 8 motivational sources"

In addition to money, there are more motivating sources ...

Although nobody wants to work in a low-paid job, the vast majority of human resources and occupational health departments know that money is not everything when it comes to motivating their work team.

This is exactly what Daniel Pink, author of the book "Drive: The Surprising Truth About What Motivates Us", thinks in his text explains the factors that motivate us both in our personal and work life and analyzes through research and examples that remuneration acts as a motivating factor only when the tasks are simple and clear, but when the tasks are more complicated and require a more conceptual and creative thinking, "pasta (or silver)" stops be a motivational source In addition, he argues about the importance of personal development, self-realization and personal satisfaction when it comes to performing efficiently in the workplace.

  • Learn more about Daniel Pink's book and the best books on Psychology, by clicking here.

How to motivate employees without money

But, How can we motivate employees without using money as an incentive? Below you can find 6 ways to motivate your employees without financial compensation.

1. Give them autonomy

It is good that you direct your employees and employ some control in some aspects of the work, but, according to several investigations, the democratic or participative leadership, the one that encourages the participation of workers by letting employees decide more about their functions and have enough skills to make decisions, increases performance and motivation.

With this form of leadership, You will soon see that employees work more animatedly and use all their energy to solve problems That may arise, On the other hand, authoritarian leadership, a leadership style in which superiors have absolute power over their workers, has the opposite effect on employee motivation.

2. Make your ideas

In recent years the concept of transformational leadership has become very popular. Y…What makes transforming leaders different? They use high levels of communication to achieve the goals and provide a vision of change that get to reach employees.

This is how they motivate and increase the productivity and efficiency of the group, because they are capable of changing the expectations, perceptions and motivations of the team with which they work. In short, they make their subordinates feel that the goals of the company are also their goals, and this is highly motivating.

  • Do you want to know more about transformational leadership? Do not miss our article: Types of Leadership: The 5 most common leader classes

3. Worry about them and do things in a group

In addition to making your employees feel like leaders, Make your ideas count and make your ideas reach them , dedicate time to feel comfortable in the workplace and with their colleagues, because this increases the level of belonging to the company and at the same time their motivation.

Take them to lunch from time to time, perform group dynamics during their working hours, make barbecues on Fridays or hold competitions in which they can receive prizes and trophies for their good professional work. The important thing is that employees are comfortable with the company and with their colleagues, because social support and good relations with co-workers is a key variable to reduce stress and increase motivation in the workplace,

4. Involve in the successes of the company and give feedback

Many superiors have the bad habit of looking for employees if things go wrong, but they forget to make employees aware of the successes of the company or recognize their good professional work. It is good that you conduct periodic interviews to find out their opinion about their work and give them feedback on how they perform their professional work and how they can improve it.

5. Make them be in the job that fits their competencies

It is important that employees are motivated with the tasks they perform , because work becomes a big part of our life.If employees are not comfortable with the job or the role they perform in the company, it is impossible for them to be motivated.

In reality, this is a process that should start in the same selection process, since the selection of suitable candidates for a job is the best way to keep them motivated. There are people who perform a great job in monotonous jobs, while another has a series of skills that are key to a more creative work. The idea is that workers fit into the workplace and the organization not only in terms of their skills, but also their expectations or motivations.

  • To know more about the processes of selection by competences, you can visit our post: "How to face an interview by competitions: 4 keys to get the job"

6. Let them grow and develop

The possibility of growth of a worker within the company is, without a doubt, a motivating ingredient . And is that to cultivate motivation must be careful how employees feel the company and how they are visualized within it. Employees must feel valued, competent and able to grow within the organization, because otherwise they may stagnate.

The training and constant training and the possibility of development and professional and labor growth within the company is key in the way to get more motivated workers.

Stop Trying to Motivate Your Employees | Kerry Goyette | TEDxCosmoPark (June 2023).

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