According to the results of a Gallup poll reported last year in a Straits Times article “S’pore staff ‘not engaged’ at work“ (8 Dec 2013), only 10% of employees polled reported feeling passionate and motivated about their work. Given the benefits of engaged employees (including lower absenteeism and turnover), it seems in the interests of employers to do more to boost engagement among employees.
An older study on local employees conducted in 2011 indicated monetary remuneration (including benefits) to be a key motivating factor. While fair compensation is cited as an important factor for creating a conducive working environment for employees (“What really motivates employees?”, Forbes, 26 Nov 2013), it’s important for employers to be aware that monetary rewards have their limitations. This is because monetary incentives reduce employees’ intrinsic motivation — referred to as the crowding out effect (Frey, 1997).
Extrinsic motivation produces relatively lower levels of task performance (read about those research findings here). Employees whose performance is motivated by a tangible reward, such as financial incentives, tend to put in less effort compared to employees driven by intrinsic motivation (assuming fair salary compensation). In contrast, recognition for work well done and guidance for career advancement in the form of coaching and mentorship are on employees’ wish list (see this list on Gallup). Not surprisingly, the study on 500 workers cited above finds local employees expressing the desire for their employers to provide and support a collaborative work environment.
According to Gallup, engaged employees are those with friendships at work. A 2012 study by MSW Research and Dale Carnegie Training articulates one of the key drivers for employee engagement — it is the relationship an employee has with his or her immediate supervisor. Building trust and rapport into the supervisor-employee relationship takes practice (here are some useful tips and guidelines), but reaps benefits in the long term.
More importantly, it is not necessary to assume that managers have an innate ability to listen and communicate effectively. Neither do all supervisors know how to provide feedback to employees. And mentorship requires bosses to genuinely care about their team. These are skills to be acquired through training and then honed for many more years to come.
There’s no magic wand for motivating employees. Dangling carrots can help initially. But recognizing work well done and providing guidance to achieve optimal performance will more likely to lead to the pot of gold at the end of the rainbow.