Combining Business Coaching with Recognition
Alternatives to Financial Incentives for Motivating Employees
There are many different factors which can contribute to the overall happiness and motivation of an employee within an organisation. Whilst for many the leading factor is likely to be money and financial incentives, there also exists numerous alternative options for motivating workers which do not involve some form of monetary reward.
Public and Private Praise and Recognition
One such idea is recognising and showing appreciation for the work that an employee does. Obviously they are already rewarded through their salary so it could be argued that they should already be motivated, but virtually every worker out there will gain extra motivation by a manager or supervisor showing appreciation for their efforts.
This can be done in a private discussion, or, often more effective at increasing motivation, public recognition so that the other employees can see. This needs to be done carefully though as whilst it may raise the morale and motivation of the individual concerned, it can have a damaging effect on other employees if they think that person is being unfairly favoured or receiving special treatment.
Business Coaching for Praise and Resolving Issues
Combining business coaching with recognition can be a powerful tool in motivating employees and in so doing getting a higher level of output and productivity from them. Not only can the recognition increase morale, but the business coaching sessions can allow a worker and management to resolve issues which may be negatively impacting the performance of the person in question. Whilst on their own either business coaching or providing recognition can have benefits, when used in conjunction with each other, the results can be extremely positive.