In times of high unemployment, employers need to do very little to encourage their workers to work hard, but when job vacancies are scarce, they have to find effective ways of rewarding their employees to stop them from going elsewhere.
One obvious way of doing this is to offer extra money to employees who are seen to be working exceptionally hard and this is done in companies with a product to sell. For example, real estate agent or department stores can offer a simple commission on all the sales.
This style of management favours people who can demonstrate their contribution through sales figures, but does not take into account the work done by the people behind the scenes who little contact with the public. A better approach is for management to offer a bonus to all the personnel at the end of the year if the profits are healthy. This, however, does not allow management to target individuals who have genuinely worked harder than the other.
Another possibility is to identify excellent staff through incentive schemes such as ‘employee of the month’ or the ‘worker of the week’ to make people feel recognized. Such people are usually single out with the help of clients. Hotels, restaurants and tour operators may also allow staff to accept tips offered by clients who are pleased with this service. However, tipping is a highly unreliable source of money and does not favour everyone.
Basically, employees want to be recognized for their contribution, Whether through receiving more money or simply some encouraging words. They also need to feel that their contribution to the whole organization is worthwhile. Good management recognizes this need and responds appropriately.
In times of high unemployment, employers need to do
very
little
to encourage their workers to work
hard
,
but
when job vacancies are scarce, they
have to
find effective ways of rewarding their
employees
to
stop
them from going elsewhere.
One obvious way of doing this is to offer extra money to
employees
who
are
seen
to be working
exceptionally
hard
and this
is done
in
companies
with a product to sell.
For example
, real estate agent or department stores can offer a simple commission on all the sales.
This style of
management
favours
people
who
can demonstrate their contribution through sales figures,
but
does not take into account the work done by the
people
behind the scenes
who
little
contact with the public. A better approach is for
management
to offer a bonus to all the personnel at the
end
of the year if the profits are healthy. This,
however
, does not
allow
management
to target individuals
who
have
genuinely
worked harder than the other.
Another possibility
is to identify excellent staff through incentive schemes such as
‘employee
of the month’ or the ‘worker of the week’ to
make
people
feel recognized. Such
people
are
usually
single out with the
help
of clients. Hotels, restaurants and tour operators may
also
allow
staff to accept tips offered by clients
who
are
pleased
with this service.
However
, tipping is a
highly
unreliable source of money and does not
favour
everyone.
Basically
,
employees
want to
be recognized
for their contribution, Whether through receiving more money or
simply
some
encouraging words. They
also
need to feel that their contribution to the whole organization is worthwhile.
Good
management
recognizes this need and responds
appropriately
.