- Understand what team members want. Not everyone longs for large salaries and outrageous benefits. Smaller organizations offer significant advantages, such as proximity to the owner and to the action, the ability to make an impact, personal recognition, and personal support.
Strategy: Discover what your team members want other than cash, and then develop strategies to offer them those things. Examples include family-friendly workplaces, flexible work arrangements, opportunities to grow and learn, and being part of a tight-knit community.
- Keep your team focused on your organization’s real purpose—what you are trying to achieve and why. Most people want to feel a part of “something bigger,” so give them a meaningful role to play. Example: A team of hospital orderlies doesn’t “just” empty bedpans. Team members work together to make patients more comfortable and to enable other medical professionals to do their own jobs more easily and efficiently.
— Adapted from “Engaging Your Team—With Currencies Other Than Cash,” Catherine Matson, The Courier-Mail, www.couriermail.news.com.au.
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