Forget The Money: 4 Things That Motivate The Millennials at Work
Millionaire MotivationThe globalization of the economy and markets have created an increasingly competitive context for companies, regardless of the sector to which they belong. Therefore it is essential to have the best team, whose members give the best of themselves and are able to fully develop their skills and competencies, both personal and collective. All experts agree that this can only be achieved by large doses of work motivation.
The concern of those in charge of companies to keep their employees motivated is by no means new. It is an issue that began to be addressed at the beginning of the nineteenth century, and maybe before. From a theoretical standpoint, Frederick Taylor performed in 1910, a rigorous study on methods to increase efficiency at work, he called Scientific Management.
This essay addresses very new issues for the time such as the importance of agreeing between employers and workers the organization of work or the need to establish a salary system directly related to the performance of each employee.
From here, the theories of work motivation have evolved and adapted to historical and social changes. New methods to promote and maintain motivation, based on the psychological needs of people, such as the desire for recognition and safety and aspects such as well-being or occupational health, have gradually been shaped.
New employees increasingly trained and educated in different values, motivate them other issues, among which are these four:
The talent is very precious, and the best employees rained the job offers, even if they are not actively seeking employment, thanks to professional platforms such as LinkedIn.
Therefore, and this is another novel feature in the area of work motivation, companies must foster good employer image: it is what is known as company branding. The key is that employees (present and future) see our business as a pleasant place, where the good atmosphere and work opportunities prevail, it is possible to reconcile family life and among the philosophy of the company is the defense of values Fair and respectful of nature and people.
Remember that labor productivity and motivation are two whole concepts. It is no longer possible to maintain good quality standards at work, nor to implement continuous improvement actions.
"The determinants of labor motivation today are no longer so closely linked (or at least not exclusively) to monetary incentives."
Work motivation evolves
This essay addresses very new issues for the time such as the importance of agreeing between employers and workers the organization of work or the need to establish a salary system directly related to the performance of each employee.
From here, the theories of work motivation have evolved and adapted to historical and social changes. New methods to promote and maintain motivation, based on the psychological needs of people, such as the desire for recognition and safety and aspects such as well-being or occupational health, have gradually been shaped.
Money is not the most important thing
In the hands of young workers, the millennial generation, the determinants of labor motivation today are no longer so closely linked (or at least not exclusively) to monetary incentives.New employees increasingly trained and educated in different values, motivate them other issues, among which are these four:
- Autonomy at work. When an employee has enough freedom to make decisions and organize their jobs without depending at all times on the approval of his superior, he becomes more active and creative, which results in a position of more quality and profitability.
- Flexibility. Understanding in its broadest way: functions, objectives, schedules, working methods, and so on.
- Networking. A LinkedInI study among Spanish employees places networking events and activities as the best way to develop professionally and launch exciting projects.
- The transcendent motivation. In addition to the intrinsic motivation (the one that comes from oneself) and the extrinsic motivation (external factors), the new batch of workers feels a great satisfaction to be part of a company that promotes values of solidarity, defense of the environment and Economic and social justice. It is what is known as transcendent motivation.
The importance of employer branding
At the beginning of the post we talked about competitiveness among companies, a transcendental factor when it comes to getting and, in particular, keep the best professionals within their templates.The talent is very precious, and the best employees rained the job offers, even if they are not actively seeking employment, thanks to professional platforms such as LinkedIn.
Therefore, and this is another novel feature in the area of work motivation, companies must foster good employer image: it is what is known as company branding. The key is that employees (present and future) see our business as a pleasant place, where the good atmosphere and work opportunities prevail, it is possible to reconcile family life and among the philosophy of the company is the defense of values Fair and respectful of nature and people.
Remember that labor productivity and motivation are two whole concepts. It is no longer possible to maintain good quality standards at work, nor to implement continuous improvement actions.
