Motivating People: Getting Beyond Money
The economic slump offers business leaders a chance to more effectively reward talented employees by emphasizing nonfinancial motivators rather than bonuses. A recent McKinsey survey indicates that executives find some nonmonetary rewards motivate employees better than cash bonuses do. See what they are, then let us know what’s working in your organization.
Content: Article | Authors: Elizabeth Mohr, Martin Dewhurst, Matthew Guthridge | Source: McKinsey Quarterly | Subjects: Human Resources, Management, Organizational Behavior