Pay or praise?
Pay or praise? For many years I thought that money was the big motivator. Well, I learned that is not always the case. I read the following quote several years ago, and this quote alone has inspired me to lead differently, “The deepest principle of human nature is the craving to be appreciated,” William Jones. Research suggests, “pay fairly and competitively.” However, the fundamental factors in keeping the good ones are: Challenge Growth Opportunities Flexibility Meaningful Work A leader who values them They want the (non-monetary forms listed above.) Certainly, perks are valuable; they help in the recruiting process. But, research has proven good ones won’t stay because of perks. Not everyone is motivated the same. As leaders, we need [...]