Is cash really king when it comes to motivating staff?
03 Jul 2009 How to keep staff motivated is one of the key issues that employers face. It is widely accepted that a contented workforce is a productive workforce – therefore keeping employees happy should, in theory, be a priority for managers. Cash bonuses offer an obvious incentive, but workers often need a more meaningful goal to work towards in order to keep them truly motivated. What then, is the best technique for employers to use in order to keep staff in high spirits? A recent survey conducted by Alexander Forbes Financial Services (AFFS) found that eighty-one percent of workers think a pension is an important motivator. In addition, three-quarters of the respondents said that a decent company pension scheme is a significant influence when considering a new job. It appears that the future security offered by a pension plan is a key factor for people in these days of economic uncertainty. AFFS director David Marlow certainly seems to think so. He urged firms to view a pension pla
