Motivate rich workers by resetting their priorities — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
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.
Get weekly updates on breaking news and business advice to help you advance your career! The week's top stories and resources will be sent right to your inbox. Choose the topics you're interested in:
Do some of your employees require more "managing” than others? Do some enjoy pushing the limits, while others seem totally clueless about the problems they cause? From emotional drama queens to lazy slackers, all of these aggravating folks can be considered "Challenging Employees” — people who consume an inordinate amount of your time and energy, but are not really bad enough to fire....Click here to find out more.