Value employees and their contribution


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Value employees and their contribution

  1. 1. Value Employees & Their Contribution For Sr. Management & Middle Management
  2. 2. AGENDA <ul><li>People at the core of Business </li></ul><ul><li>Managing Performance </li></ul><ul><li>Motivation </li></ul><ul><li>What Motivates Employee? </li></ul><ul><li>Tools for Motivation </li></ul><ul><li>Importance of Recognition program. </li></ul><ul><li>Elements of Successful ER Program </li></ul><ul><li>Steps for Employee Recognition </li></ul><ul><li>What is SMART reward? </li></ul>
  3. 3. Definition Of Motivation <ul><li>To inspire people to work individually or in groups in the ways such as to produce best results. </li></ul><ul><li>It is the will to act. Is getting somebody to do something because they want to do it </li></ul>
  4. 4. “ A great man is one who can make a small man feel great, and perform great.” Motivation
  5. 5. Managing People Motivation Ability Environment <ul><li>Management is “ Getting ordinary people to perform in an extraordinary way .” Peter Drucker </li></ul><ul><li>Employee performance depends on motivation to perform . </li></ul><ul><li>Performance=f(Ability, Motivation, Environment) </li></ul>
  6. 6. The outstanding reward! <ul><li>However outstanding you may be, you can hope to get an outstanding report only from an outstanding superior. </li></ul>
  7. 7. Try the mother’s rule! Coupling of something not valued with something that is valued. <ul><li>“ When you have finished your dance lessons, you can have your ice cream.” </li></ul>
  8. 8. Types of motivation <ul><li>Achievement </li></ul><ul><li>Affiliation ( relate people on social basis) </li></ul><ul><li>Competence ( high quality work) </li></ul><ul><li>Power </li></ul><ul><li>Attitude (think and feel) </li></ul><ul><li>Incentive </li></ul><ul><li>Fear ( to act against will,helpful in short run) </li></ul>
  9. 9. <ul><li>Here are 3 employee motivation techniques you can use to arouse their enthusiasm: </li></ul>
  10. 10. <ul><li>Be interested in them. </li></ul>
  11. 11. <ul><li>Give them exciting opportunities and reward them for their accomplishments. </li></ul>
  12. 12. <ul><li>Be trustworthy and respectable. </li></ul>
  13. 13. Performance <ul><li>Ability : </li></ul><ul><ul><li>Talent </li></ul></ul><ul><ul><ul><li>Inherent </li></ul></ul></ul><ul><ul><li>Skills </li></ul></ul><ul><ul><ul><li>Learned through repetition – deliberate practice </li></ul></ul></ul><ul><ul><li>Knowledge </li></ul></ul><ul><ul><ul><li>Acquired </li></ul></ul></ul>
  14. 14. Performance <ul><li>2. Motivation </li></ul><ul><ul><li>Intrinsic </li></ul></ul><ul><ul><li>Extrinsic </li></ul></ul>
  15. 15. Managing Performance <ul><li>Keeping leadership style, management style, core values, and culture in alignment. </li></ul><ul><li>A vital core value is dedication to teamwork </li></ul><ul><ul><li>“ We are all angels with only one wing, and the only way we can fly is by embracing each other .” </li></ul></ul>
  16. 16. What Motivates Employee <ul><li>Good pay and benefits, </li></ul><ul><li>To be valued and appreciated for their work, </li></ul><ul><li>Treated fairly, </li></ul><ul><li>Do work that is important, </li></ul><ul><li>Have advancement opportunities, </li></ul><ul><li>Opportunities to be involved in the organisation. </li></ul>
  17. 17. Employee Motivational Tools <ul><li>Employee Involvement Program- </li></ul><ul><li>Participative Management </li></ul><ul><li>Quality Circles </li></ul><ul><li>Making work interesting increases the likelihood of employees giving work their full attention and enthusiasm by </li></ul><ul><ul><li>Job rotation, Job enlargement, and job enrichment </li></ul></ul>
  18. 18. Employee Motivational Tools <ul><li>Employee Recognition Program- </li></ul><ul><li>Reward & recognition. </li></ul><ul><li>Recognition means the acknowledgment of an individual/ team’s desired behavior </li></ul>
  19. 19. Reward & Recognition <ul><li>Elements of Recognition </li></ul><ul><li>Praise </li></ul><ul><li>Thank you </li></ul><ul><li>Opportunity </li></ul><ul><li>Respect </li></ul>
  20. 20. Importance of ER Program   TO SENIOR MANAGEMENT       TO EMPLOYEES   TO MANAGERS OF PROGRAM <ul><li>Increases productivity </li></ul><ul><li>Produces Return On </li></ul><ul><li>Investment (ROI) </li></ul><ul><li>Improves attitudes </li></ul><ul><li>Builds loyalty and commitment </li></ul><ul><li>  </li></ul><ul><li>Generates positive feedback </li></ul><ul><li>Empowers the workforce </li></ul><ul><li>Assures efficiency </li></ul><ul><li>Satisfies recognition needs (EGO) </li></ul><ul><li>Creates positive recognition experience </li></ul><ul><li>  </li></ul><ul><li>Provides a wide selection of attractive, personalized awards </li></ul><ul><li>  </li></ul><ul><li>Provides timeliness of recognition </li></ul><ul><li>Guarantees quality of award </li></ul><ul><li>Fosters open commn of appreciation </li></ul><ul><li>Includes efficient administration   </li></ul><ul><li>Excites employees </li></ul><ul><li>Creates pride </li></ul><ul><li>  </li></ul><ul><li>Pleases management </li></ul><ul><li>  </li></ul><ul><li>Involves all employees </li></ul><ul><li>Develops a partnership with the workforce </li></ul>
  21. 21. What Makes a SMART Reward <ul><li>Sincere . </li></ul><ul><li>Meaningful . </li></ul><ul><li>Adaptable . </li></ul><ul><li>Relevant . </li></ul><ul><li>Timely . </li></ul>
  22. 22. Conclusion <ul><li>People are at the core of business. </li></ul><ul><li>Value to Employee & their contribution leads to tremendous success to organisation. </li></ul><ul><li>Participative management is the best way </li></ul><ul><li>Motivated employees can do wonders despite challenges </li></ul><ul><li>Positive reinforcement and communication leads to motivated staff. </li></ul>
  23. 23. Thank You