Benefits,Can,Aid,Employee,moti business, insurance Benefits Can Aid Employee motivation


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Employee benefitsshould be on the mind of every company owner for very good reason. Today’s economic climate makes the business world a difficult placeto survive in for all businesses. There is a pressure on profitmargins that has probably never been as tough as it is today. Everymanaging director or small business owner should be looking atwhatever they can do to make their business competitive and to bejust that bit better than their competitors.When focussing on howto move a business forward it is easy, in tough times to overlook thesingle most important asset that a business has – its people. Whether you are running a large multi-national business or an SMEoperation your people are key to your success. Look after yourpeople and your people will look after your business.Whilst they are acritical part of any success there is no doubt that they can be anextremely expensive resource so ensuring you get the best from thatresource is very important.Motivating a team ofpeople is extremely important, especially when operating in adownturn such as the current one as any individual who watches thenews can’t fail to be concerned about the picture presented in themedia. You need to find a way of ensuring that staff feels valued atall times. If your business has been part of a merger it is likelythat people will be feeling insecure at all times and if you havebeen in the unfortunate position of having to make redundancies thenyour team will be feeling very vulnerable.Best practice documentsshow that the best way of motivating staff is to find small andfrequently given ‘thank yous’. Publicly recognising performancewith small rewards and suitable employee benefits that are attainableby everyone will have a positive effect on moral and will begin tocounteract the negative messages that affect the way staff think andfeel.Incentives are veryuseful way of encouraging staff to go the extra mile at work. Thereis not more powerful management tool than saying thank you verballyand with some form of publicly recognised gesture. A well motivatedworkforce that regularly achieves above and beyond expectations couldwell be the one thing that separates your business from yourcompetitors and in today’s competitive business world you shouldexpect your competitors to be using employee benefits to achieve thebest return from what is probably their most expensive and valuableasset.

Benefits,Can,Aid,Employee,moti

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