•   
  •   
  •   

Technology What employees really want (hint: it's not about the money)

19:02  11 july  2018
19:02  11 july  2018 Source:   inc.com

Capitals owner pays for 200 team employees to attend Cup Final game

  Capitals owner pays for 200 team employees to attend Cup Final game Ted Leonsis is no horrible boss. Employees of Monumental Sports & Entertainment learned this (if they weren't already aware) Thursday when they received an email explaining that Leonsis was flying them out to Las Vegas to attend either Game 1 or 2 of the Stanley Cup Final. A selection of 200 of the roughly 500 employees of the company - those who work closely with the Capitals and those who hold seniority - were put up for one night at the Excalibur Hotel and Casino and received a ticket to one of the first two games of the Stanley Cup Final with Leonsis footing the bill, according to Scott Allen of The Washington Post.

It ' s well-known that monetary incentives do little to motivate people. Research shows that pay raises won't turn your employees into productivity machines. In fact, giving creative people bonuses demotivates them and leads to poorer performance. What do workers really want ?

Do you know what your employees really want from your organization? Do you know what your employees really want from your organization? You should, and it pays to find out. A 2013 Gallup study shows that companies in the top quartile for employee engagement outperform their bottom 25

a person looking at the camera© Getty Images

And it cost practically nothing.

It's well-known that monetary incentives do little to motivate people. Research shows that pay raises won't turn your employees into productivity machines. In fact, giving creative people bonuses demotivates them and leads to poorer performance.

What do workers really want? Empathy.

According to a 2018 study reported about by CNBC, 60 percent of employees would take a pay cut to work for an "empathic organization". Psychologists generally categorize empathic workplaces by supportive emotional connections, positive relationships, meaning, and purpose.

Pensions to be clawed back from overpaid Sears retirees

  Pensions to be clawed back from overpaid Sears retirees The company that took over Sears Canada's pension plan says former employees have been getting paid too much — and now they have to pay it back. When Sears Canada closed its doors for good last fall, retirees were told the plan was underfunded by about $270 million. Pensions were slashed by nearly 20 per cent for an estimated 16,000 ex-Sears employees. A letter obtained by CBC News from pension administrator Morneau Shepell says that for the past 10 months, retirees have been getting pensions greater than 80 per cent. Starting August, monthly pensions will drop to 70 per cent, the letter says.

Employees are big on company philanthropic initiatives, but when it comes to their colleagues, they’re less likely to get in the giving spirit. 28 percent of respondents say they feel obligated to buy their boss a holiday gift, while 61 percent say they do not give out holiday gifts in the workplace.

It ’ s what employees want ; the freedom and flexibility to work when, where, and how you want . Communication is key: While working, employers need to know that you will effectively communicate with them about the progress of your work.

To the employees in the survey, certain displays of empathy matter more, including:

  • Offering flexible hours and work schedules to promote work-life balance
  • Understanding the need to take time off for family matters and caregiving
  • Creating a climate to talk about challenges
  • Recognizing achievements and milestones

Facebook, Alphabet, Linkedin, and Netflix ranked highest on the the latest Global Empathy Index, an annual ranking of businesses based on how empathetic they are.

Creating a More Empathic Organization

Empathy can be learned, says The Center for Creative Leadership. Here are a few ways you can up your EQ (your empathy quotient, that is), starting today:

Starbucks back in hot water, 'disrespects' stutterer

  Starbucks back in hot water, 'disrespects' stutterer Starbucks was back in hot water Friday, three months after a branch manager called the police on two black men -- this time for seemingly mocking a customer with a stutter. When the customer, called Sam, gave his drink order in a Philadelphia Starbucks on June 27 he stuttered over his name.The barista replied "Okay, S-s-s-sam" and, retrieving his iced coffee, found the label was marked "SSSAM," according to friend and business school student Tan Lekwijit, who reported the incident on Facebook.When Sam emailed the company to complain, he was offered $5 credit.

What do employees want ? When Work Works, the joint partnership of SHRM and Families and Work Institute (FWI) It ’ s a valuable workflex resource for every worker and manager striving for flexibility at work. It comes down to whether you offer workflex or not. Flexible work policies—everything from

1. It ’ s all about the Benjamins. Survey after survey indicates that the number one most important thing to employees about a job is salary. Offering solid health insurance also demonstrates that the employer cares about its employees ’ health and wellbeing, a good way to boost morale.

Listen non-judgmentally

Use active listening skills to gain insight, including:

Reflecting: "What I'm hearing you say is..." or "It sounds to me like..."

Affirming: Smiling, nodding, or and brief verbal affirmations like "I see" or "mmhmm"

Encouraging: "And then?"

Practice pausing

In an effort to be helpful, we often jump in to finish people's sentences, offer advice, or interrupt. During a conversation today, wait five seconds before responding. It's uncomfortable, but you'll be surprised by how effective it is to practice saying nothing at all. Silence can be very powerful.

Replace advice-giving with curiosity

Instead of offering your opinion, ask questions to better understand the other person's perspective like:

  • How do you feel about it?
  • Can you tell me more?
  • What do you mean?
  • What would be helpful?
  • What do you make of it?

If you're a manager or leader, work on honing your emotional vocabulary so that you can become more adept at spotting and naming those emotions in other people. Self-awareness is the surest path to empathy for others.

Like this column? Sign up to subscribe to email alerts and you'll never miss a post.

Canada Post sorting centre evacuated over concerns about noxious substance .
Urgences-Santé said two people complained of headaches after coming into contact with an envelope that had a liquid dripping from it. A crew that deals with hazardous substances was called in and determined the substance was water based and didn't pose any serious health risks. The employees were kept in insolation for several hours before being released. Workers have since been allowed back into the building.

—   Share news in the SOC. Networks

Topical videos:

This is interesting!