A survey by HR and payroll software provider Ciphr among 256 U.K.-based CEOs and senior managers revealed that while pay may be the top reason behind productivity (40%), other means to motivate staff include:
- bonus or performance incentives (31%)
- flexible working (30%)
- healthy working environment (29%)
- respectful and supportive management (28%)
- positive feedback (27%)
- enjoying their job (26%)
- extra employee perks and rewards (26%)
- opportunities to learn new skills (25%)
- meaningful work (25%)
- being listened to (24%)
- clear career path or development opportunities (24%)
- being encouraged to succeed or encouragement (22%)
- being part of a supportive team (22%)
- having a passion for their work (22%)
- extra paid annual leave (22%)
- feeling valued and important to the organisation (22%)
- having a say or being involved in decisions that impact them (21%)
- being challenged at work in a positive way (20%)
“This research is a good reminder to employers that there are lots of other factors that motivate employees that aren’t pay related, and are great ways to improve engagement and, ultimately, performance.