Recently, Profiles International conducted a survey entitled, “The Leader’s Guide to Motivating Without Money.” This survey addresses an important issue facing many organizations in motivating employees in ways other than through payroll.
Motivating employees to perform to their maximum potential is the responsibility of an organization’s leaders. In today’s economy, many companies no longer have the luxury of using money as a motivational tool. We constructed this study to find out how organizations are motivating their employees without the use of money.
Given the importance of motivating without money, our study had three objectives:
- Identify the prevalence of employee motivation in the workplace and how it can influence an organization and its employees.
- Uncover the sources of challenges companies face when trying to stimulate employee productivity.
- Understand how an organization can motivate employees without money.