There is no doubt that money can be a motivator for many employees. A large-scale review of 600 studies showed that incentivizing staff resulted in a 22% gain in performance and, when compared to non-monetary tangible incentives (like travel or gifts), money was more impactful.
In 2019, the Performance Magazine editorial team interviewed Dr. Mark Powell, business writer, consultant & entrepreneur, and Jonathan Gifford, business author & speaker, on the topic of business innovation, specifically on how businesses could greatly improve by replicating the daring, yet highly successful model of performance arts.
Employee engagement is not something that is simply “nice to have.” It is a crucial component that can make or break a company.
Employees are a company’s most valuable asset. The way they feel at work has a huge impact on an organization’s results.
Are you constantly worried about employee engagement? Well, you’re not the only one, as increasing employee engagement in the workplace can indeed be a tricky task to pull off.