It's NOT only about Money

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M Kurniawan From Creative Solution

Transcript of It's NOT only about Money

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M KurniawanFrom Creative Solution

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It’s NOT only About Money!It’s a fact that most people work for moneyIt cannot be denied that salary and financial

compensation are important factors when choosing a job, and when choosing to stay or to leave

It’s also a FACT that MONEY IS NOT EVERYTHING

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What motivates an employee and what does not motivate him ?

Basic FactorsMotivational Factors

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BASIC fACTORSBasic salary and safe workingDo not wrongly assume that just because you pay

your employees a decent salary (UMR or slightly above UMR, or market rate), you expect them to be motivated. Wrong !

People are NOT MOTIVATED by basic salary !

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Motivational Factors If you hope for your employees to be motivated, you must

give the following : Challenging work that allows people to expand their abilities An environment where people can learn An environment where people can enjoy the interaction

between colleagues Recognition for their efforts An environment of respect and self respect

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Motivational Factors An important Motivational Factor is Recognition for their effort This can be in the form of a Reward or an Award Here are some common ideas :

Financial incentive Prizes A day off A paid-for holiday trip An opportunity to park in the boss’s parking lot An opportunity to work from the boss’s office for 1 week Being introduced and having lunch with the CEO, etc

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HOW You Give It !Here are some ideas to make sure that your employee

REALLY FEELS appreciated and recognized when he receives the award Choose an appropriate person to give the award The Presenter must know about the reward Invite their colleague to comment on the winner Give the winner a chance to comment

Often, it is not the price of the prize. Often what makes

it so significant, touching and memorable is the WAY in

which the award is given. So give it sincerely. Your

employee deserves it !

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What makes people stay and want to do a good job and what will cause them to leaveEmployees stay, leave, become motivated, become

de-motivated for a combination of manymany different reasons and different people have

different reasons at different stages of their liveshow do you find out what motivates your employees

and what makes them want to continue to stay to do their job happily ?ASK THEM DIRECTLY !

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What Questions To Ask Your Employees ?To help you to get started, here are some simple

but useful questions to ask your employees

What makes you want to continue to stay to do your job ?

What makes you want to go to the other job ?What makes your job interested ?Does We use your potential in your job ?What can I do for help you ?

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Here are some obvious benefits of asking these questions Just by asking these questions

Your employee will know that you careConcern with their well-beingThey are important members of your teamThey have an important role to play in the

success of your team Give them as best as you can

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Here are some obvious benefits of asking these questions Your employees’ answers to these questions will give you very valuable

insight about : What is really in their hearts and minds What is really important to them What really motivates them and what turns them off Whether or not you are making maximum use of their talent and

potential How committed they are to the team Your management style Your people skills Your strengths and weaknesses as a manager

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Here are some obvious benefits of asking these questions They are such simple and straight-forward questions, but

how many of us actually ask our employees these questions ? Why don’t we ask them ?No need to ask because we assume we know the answer ?

Are we paranormals ? Can we read people’s minds ? No time to ask these questions ? Can’t be bothered to ask because you really don’t care

how they feel and think ? Yet you want them to perform their best ?

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The Right Way To Ask The Questions

The InterviewA “Chance” Conversation

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The Interview Invite your employee into your office Make sure that your timing is right

When he is busy with his workWhen has other important things to think about/doWhen he is chasing a datelineHe has to settle a problem with an angry customer

Your employee is relaxed and is in the mood to have a conversation with you

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A “Chance” Conversation Invite your employee for lunch/diner/a drink or at the canteen Informal convertation

The reality is that you may not want to ask so many questions at one go. Asking so many direct questions may sometimes “frighten” your employee.

 You may have to re-phrase these questions so that they do not sound so direct

 You may want to slip these questions subtly in between your conversation so that they do not realize you are asking these questions

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A “Chance” Conversation  If you and your employees are not used to talk at this “intimate” level,

such questions may cause some easiness. They may be thinking : Why are you suddenly asking such questions ? Have they done something wrong ? Are you planning to transfer them away ? Are you asking these questions to decide the size of their bonus ? Are you asking them these questions to decide whether they are

qualified for the next promotion ? Are you trying to dig some information from them about their other

colleagues ?

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Take a home massagesWhatever the considerations, if you want to know

how to motivate your employee, what keeps him motivated, the reasons why he is staying on the job, what factors will cause him to leave, etc, one way or another you will have to ask him these questions

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Take a home massagesYou do not need to ask them these weekly -

once every quarter is more than enough. Knowing what makes your employee tick will

have a significant impact on your effectiveness as a manager and to enhance the overall performance of your team

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Good luck and have a nice The Best Team

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I would like to say thank you to Mr James Gwee for his inspiration to create this presentation

Mr James Gwee