4 Spells Of Thank You – Executive Should Know

Salary, bonus, incentive, stock & severance are un-questionable monetary compensations and plans provided by company for employee. Exceptionally, there is non-monetary compensations should be taken as a good non-monetary means to motivate staff, manager, executive, “a thank you”. Here are non monetary compensations (4 spells of thank you) expected by employee (a survey taken by accountemps, www.accountemps.com):

[1]. Frequent recognition of accomplishments
Management should recognize any accomplishment by staffs. This is the most expected non-monetary compensation and would motivate staff much.

[2]. Regular communication with staff
This term takes the second place on the issue. Regular communication with staff will leave impression how company listen to staff about how work environment they expect, communicate with staff will gain big loyalty.

[3]. Giving employees increased responsibilities
Following the above two, responsibility increased is the next non-monetary compensation expected by the staff. This is another word of career opportunities which should be opened widely to all staffs.

[4]. Off-site team-building and social events

Off-site team-building and social events, like retreat takes the forth place. Casual off-side retreat would be a good consideration to strengthen a team work.