Ending Soon! Save 33% on All Access

3 Ways Better Than Money, Promotion or Recognition to Motivate Employees Employers who take into consideration our human need to be a respected member of a team doing worthwhile work never worry about motivation and retention.

By Tor Constantino Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

Kansas City Royals | Facebook

There are dozens of ways that leaders and organizations motivate their employees. Pay raises, promotions and recognition are the most common motivational levers pulled.

While those all make sense on the surface, they don't necessarily equate to sustained employee motivation. If an individual is given repeated salary bumps, but is forced to do unfulfilling work, it's unlikely they'll stayed engaged in their day-to-day activities. Or, if they consistently get promoted via inflated titles and monikers but they're constantly micro managed, the phony title is hollow and the promotion can be a de-motivating factor.

Lastly, recognition is meaningless if employees are given wooden plaques, Plexiglass-glass trophies or framed certificates without the context of their connection within the organization or with other co-workers.

These obvious methods of motivation tend to ignore the psychological needs that truly drive and motivate employees, so it makes sense that an amalgamation of the best psychological motivators for employees is worth considering.

1. Control.

At the heart of the issue of control is our human need to perceive we have freedom to exercise short- and long-term choices. That reflects our need to feel that what we are doing is of our own direction and discretion.

Allowing employees to take appropriate action and make decisions relating to the work they do can be more motivating than any other single factor.

Related: How to Take Control of Your Career … Now!

2. Connection

Some psychological models identify "connection'' as our need to be accepted and loved. Within the workplace it manifests as caring about the organization and be cared about by others. It is our inherent need to feel connected to others, without concerns about ulterior motives, as well as believing in a vision larger than ourselves.

Connection has the power to galvanize a workforce during hard times and inspire them during good times, and isn't that a critical definition of motivation?

Related: 5 Ways to Foster Team Culture on a Startup Budget

3. Competency.

This motivating factor has been defined in psychology circles as significance or esteem.

On the job it tends to materialize as a personal sense of effectiveness or competency to successfully address everyday challenges and opportunities. It's demonstrating skill over time or a feeling of growth and flourishing within the organization.

Without a strong sense of competency, of having the right skills for the right job to drive results, it's difficult to believe in yourself and stay motivated.

Not only are these three factors impactful, they're also low- or no-cost to implement. And each of these factors touch the employee's core, unlike pay, promotion and awards.

While pay, promotion and awards can be important motivating factors within the proper context and application, leaders that pay consideration to employees' core psychological needs will likely see greater motivational dividends in the long run.

Related: Thriving Cultures Are Built With Recognition and Praise

Tor Constantino

Former Journalist, Current PR Guy (wielding an MBA)

Tor Constantino is a former journalist, consultant and current corporate comms executive with an MBA degree and 25+ years of experience. His writing has appeared across the web on Entrepreneur, Forbes, Fortune and Yahoo!. Tor's views are his own and do not reflect those of his current employer.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Apple iPhone 7 Users May Be Owed a Slice of a $35 Million Settlement — Here's How to Claim Your Share

Previous (and current, no judgment) iPhone 7 users may be entitled to up to $349. The deadline to file a claim is June 3.

Business News

Did OpenAI steal Scarlett Johansson's voice? 5 Critical Lessons for Entrepreneurs in The AI Era

Did OpenAI steal Scarlett Johansson's voice? OpenAI has since paused the "Sky" voice feature, but Johansson argues that this is no coincidence. In response, Johansson delivers a masterclass for entrepreneurs on navigating the AI era successfully.

Innovation

How Corporate Investment Helps Startups Deploy Technology Faster Than Ever

Financial resources, strategic alignment, access to expertise, market validation and operational support make this deployment possible.

Growing a Business

The Power of Networking — 5 Tips on Building Strategic Alliances for Business Growth

Who is on your side? Who has your back? It doesn't have to be lonely at the top. We look at five practical ways you can network to achieve the best for you and your business.