It’s can often be the case that a company may have fantastic employees, but over time these employees can lose motivation and therefore become less productive which in turn has a negative impact on the business!
One way that employers keep their employees motivated is by ensuring they have a high level of job enrichment.
Job enrichment involves making an employee’s job more demanding and challenging meaning employees don’t get bored and lose motivation. This could be through giving someone a new duty at work.
Having low job enrichment also means an employee is likely to have low job satisfaction which may lead to a worker leaving the company.
On the other hand, if an employee is well-motivated they are more likely to remain loyal to the business, meaning they are less likely to be tempted by other companies.
If the employee doesn’t leave, then the business does not have to spend money advertising their position, or training someone else to take over their job. Because of this, the entrepreneur can concentrate on other aspects of the business.
Similarly, employees are more likely to work hard to try and succeed at their jobs. Finally, an employee is more likely to assist an entrepreneur whose business is relatively new, meaning the workload for the entrepreneur is lessened.
Getting employees to work in teams is a useful motivational tool, as it allows them to build good relationships with their colleagues. Furthermore, by giving employees more authority over aspects of the business, they will be more motivated and improve their self-esteem.
Small businesses often cannot motivate employees by pay and so offer other incentives.
These will include the promise of financial reward once a business is successful, getting employees to work in teams, giving the employees training opportunities and enriching their jobs by making them more demanding.