I was recently interviewed by a journalist for an article on "recruiting and retaining" employees. Getting a handle on this seems to have recently become a hot topic. There's a post at The Performance & Talent Management Blog called Managing motivation that links to Why Your Employees Are Losing Motivation by David Sirota, Louis A. Mischkind, and Michael Irwin Meltzer. I have previously written about this at What's the big motivator?
The recent attention on this is probably due to demographics and changing attitudes about work. The Sirota article offers that "about 85 percent of companies, our research finds, employees' morale sharply declines after their first six months—and continues to deteriorate for years afterward." They identify three sets of goals that most employees seek from work:
- Equity: To be respected and to be treated fairly in areas such as pay, benefits, and job security;
- Achievement: To be proud of one's job, accomplishments, and employer; and
- Camaraderie: To have good, productive relationships with fellow employees.
"To maintain an enthusiastic workforce, management must meet all three goals", they say, which, to me, makes allot of sense. I guess the message is that managers have to take a true interest in each individual employee, mentor them, take an interest in their careers, think creatively in keeping them motivated and challenged, honestly communicate with them, show them that they have a future in increasingly flat corporate hierarchies with "road blocks" to traditional upward career mobility.
That's just a partial "lay person's" list, and I'm sure those on the front lines would have so many more practical examples.