Tuesday, July 8, 2008

It's Money all the way Honey!

  • Compensation - This means a fair and competitive wage. An occasional bonus or other reward is nice, too. However, money alone will not result in job satisfaction. If all the other factors are out of whack, employees will still walk.
  • Opportunity - Give employees the chance to show what they know and do what they can. Yes, much of this has to do with individual skill sets and someone's motivation to reach out and grasp opportunities when they're presented; however, it is also up to management to create an environment in which opportunities are available.
  • Recognition - Employees are willing to do a good job as long as someone recognizes the effort they put in. A pat on the back or an occasional "Good Job" can go a long way in adding to an employee's job satisfaction.
  • Environment - A large part of employee job satisfaction comes from working with people we like and respect in an environment that, well, for lack of a better word, is pleasant. No yelling bosses or freezing cold offices. No ball and chain keeping employee's tied to their desk 16-hours a day, six days a week. If you can't imagine your family working there, why would your employees want to?

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