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Motivate rich workers by resetting their priorities

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in Human Resources,Leaders & Managers,Workplace Communication

Q: At our company, many employees have been given stock options. Our stock has gone way up, making a few people quite wealthy. Some of them report to me, and they’re understandably thinking of quitting. I can’t afford to lose them, but it’s almost impossible to motivate them. Any ideas?

A: You’ll never win them over by lecturing them to “look beyond the money” or “care about our mission.” Such words will ring hollow. Instead, talk with them privately about their future. Ask them what they want to accomplish. Explore whether there are ways you can modify their jobs so that they’re excited to learn and grow. If they request more flexibility or time off, be willing to negotiate.

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