Tuesday, April 9, 2013

Motivation and Engagement without Monetary Rewards

In honor of the Louisville Cardinals NCAA Men's Basketball Title here's a quote on motivation...

"The only way to get people to like working hard is to motivate them. Today, people must understand why they're working hard. Every individual in an organization is motivated by something different."  Rick Pitino

I've told you what Thomas the Train taught me about Employee Engagement.  Now I'm bringing in Rick Pitino?  But seriously, think about it, this guy is working with young kids who could probably chuck it all and make more money in one year than I'll ever see and he keeps them in college, working together, for a title.  So I guess some things are more important than money.  It is just about know what is important to the people you are working with.  

With the economy and the budget crisis teetering everyone back and forth, raises and bonuses are becoming things of myth.  As managers and employers, we need to look outside of the box for ways to motivate our employees.  As employees, we need to look at what motivates us and how our core values and personal vision and purpose can be fulfilled without monetary rewards.  

What motivates you?  What is one thing your organization could do to recognize your contribution that doesn't involve money?