BANGALORE: When it comes to people management the most pertinent question that every company seeks to find is what magnetizes or motivates employees beyond money?

It is believed that companies that hold a high attrition index will inevitably undergo a dense motivational level. With the accepted fact, companies encircle two significant aspects that retain or cultivate the happiness of employees one of which is a fat pay check and the other, a big bowl of perks, reports Economic Times.

 Nonetheless, these motives soon fall in vain when it overlooks the under currents of dissatisfaction that employees face. This is caused mainly due to the feeling of being undervalued or not being given what is rightfully theirs. But if companies do find a way out of these adversities, money wouldn’t be the sole expectancy or the biggest motivator for an employee. Corporate’s are now realizing the flaws in its strategy while the fixation on riches is not the only path to success, the key lies in acknowledging its employee's career advancement.

Housing trust & responsibility:

Structuring or designating an employee to a potential role would bring about an effective team that is bound to thrive in its respective field. A responsible Employees when assigned a fairly deserve Job role he/she will be more likely to perform better rather than just being compelled to do so. Giving an opportunity for an employee to be self managed will certainly reduce the chances of failure. 

Furthermore bring out the comfort zone is yet another important aspect for the overall growth in a company. Individuals are perpetually looking for change but hardly excel due to lack of opportunities.

Tracking incentives:

Incentive plans need to be attuned to the respective business platforms and since companies vary from each other, they need to adapt to an incentive plan that can sync well with it. Companies should also take a step forward to build labeled bands and fixed parameters on which its promotions can be based on.

Frequent talks and flexibility:

Effective communication can help boost or promote a high motivated work environment. The key lies with having an approachable management where problems and ides are shared. Moreover it is essential to maintain transparency and inform employees at a regular basis. This will not only crease rumors but will also help in building the right qualities amongst employees.

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