Some employers reward members of staff for their exceptional contribution to the company by giving them extra money. This practice can act as an incentive for some but may also have a negative impact on others. To what extent is this style of management effective? Are there better ways of encouraging employees to work hard?

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Motivation plays a big role in an individual's career. Keeping
this
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in mind, many companies reward their contributing employees to keep them going. But many believe that
this
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will have an opposite effect on others. So, is there any other alternative to make everyone get motivated and contribute in the same way? On the one hand, no one will have any opposition in getting one appreciated for his or her contribution in a company.
On the contrary
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, for those who are going to end up losing in
second
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or
third
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place will always going to have a matter of concern. What impact
this
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lose will have on their psyche may not be measurable. To what extend it de-motivate them
also
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will be debatable.
For instance
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, it is being reported in leading journals that, the problem associated with
this
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way of rewarding is, though based on certain criterion, results in multiple people ending up frustrated.
This
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consequence is something that needs to be seriously looked upon.
On the other hand
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, a holistic approach can produce a definite positive effect on all employees.
Instead
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of waiting for contribution from workers, the employer should get proactive and lead employees with a vision.
This
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approach, combined with training and awareness programs should be directed at making the members well equipped with the technicalities and up to date information on their job responsibilities.
This
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will create a level playing field and will
also
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ensure that who comes up on top will be because of his or her unique contribution and
this
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fact will be well appreciated by all co-workers. To conclude, the above mentioned reasons clearly suggest that, the ‘appreciation’ is an all time motivational factor. And if it is done with an all inclusive approach of employer-employee combination it will create a magical atmosphere in the work environment through proactive participation from all concerned
Submitted by roshanparayi on

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