Job security is directly affected by corporate restructuring and a soft economy
. There are many stresses which can lead to declining morale in a company. It is important for companies to include motivation safeguards into their strategy in order to build an atmosphere where people want to spend their time. Companies need to explore the best way to motivate their employees. What works for one person may not work for another.
Employee recognition comes in many shapes and sizes. You can give regular feedback to employees to support them and let them know they're headed down the right path. You can give casual approval through spoken appreciation, or you can take a more formal approach and give rewards to celebrate their achievements.
Employers should include a wide variety of recognition options to create a more positive workplace. Management teams have the influence and power to create productive and happy workplaces that boost their workers loyalty. This will result in a positive workplace that will draw and keep good quality talent.
Oftentimes when managers recognize that a morale problem exists, they can't figure out why. Sometimes when managers haven't been involved enough to know what boosts their employees' morale, they're stumped as to what exactly will help them turn their workers around. Avoiding a negative workplace should be on the top of any managers' priority list. Even though studies have shown that top performers will likely stick with a company in shaky economic times, it also shows that, on the basis of their existing unhappiness, top performers will eventually move on when the economy recovers.
Time and again, a well-designed incentive program is just what an employer needs to retain their best talent and increase productivity. Such a program gives you the power to increase overall morale as well as performance and dependability in the near future, while helping to build long-term loyalty.