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Monetary Incentives: The Center of Productivity in the Workplace

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Money can be a strong motivator in increasing productivity in the workplace. It’s something we all need to live.

Andy Core is an expert in Work-Life Balance, Well Being, and Peak Human Performance.

Regular Salary Increase

One way of increasing productivity in the workplace is to increase the amount of money that employees are getting. This could be done every six months or so, depending on their performance. Even though it can cost the company a lot of money, it will pay off in the long run.

The Benefits

With an increase in salary, employees will are more likely to look for extra jobs. This means that they can solely concentrate on working for your company. They will not have the extra pressure of looking for other jobs to make ends meet.

The increase in salary will really make employees happy and that can have an impact on the level of work they do. This can increase productivity in the workplace and the amount of money that flows into the company.

Another reason to increase salaries is that employees will feel like their efforts are being recognized and will become more self-motivated. They will feel like they belong to the company and will work hard to make the company grow.

Then again, increasing salaries can be costly. When deciding on how much to increase, it is wise to see whether the company can afford to do so without running at a loss. Overall, money can motivate people to work hard and increase productivity in the workplace.

For more information about Andy’s work-life balance programs Contact Us Now!

 

 
 

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A realistic guide to sustained motivation, more productivity, and the art of working well
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About Andy Core
Author and speaker on work-life balance, productivity and wellbeing
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