How to Motivate your Employees

May 13, 2010

Recently I have been approached by some of our portfolio management teams concerned about losing employees. The topic was clarified to mean, “How do I motivate my employees?”. I actually think that many employees are motivated more by non monetary recognition and rewards.

I found a top 20 ways list that follows here:

It is a costly mistake to get lost in the false theory that more money equals happy employees.

Believing this is costing you valuable time, revenue, employees…and even threatening your own job. Cash will always be a major factor in motivating people and a solid compensation plan is critical to attracting and keeping key personnel. But the key is that additional cash is not always the only answer and in many cases not even the best answer.

Too many bonus or commission checks get cashed, spent and forgotten just that quickly. Grocery stores and gasoline stations are among the necessary stops that seem to get in the way of using your extra cash on something special for you.

Find the top 20 here:

20 ways to motivate your employees

Whether you are an expansion stage company looking for investors or a start up getting into your market, you will have employees and need to be prepared.

SVP Marketing & Sales

<strong>Brian Zimmerman</strong> was a Partner at OpenView from 2006 until 2014. While at OpenView he worked with our portfolio executive teams to deliver the highest impact value-add consulting services, primarily focused on go-to-market strategies. Brian is currently the Senior Vice President of Sales and Marketing at <a href="http://www.5nine.com/">5Nine Software</a>.