I recently came across a blog by Kalen Smith, it once again confirms that keeping things simple can often result in major positive steps. Managers are always struggling to ensure their employees live up to their potential. One of the biggest reasons employees aren’t as productive as they could be is that they are discouraged with their work environment. This is particularly true during an economic downturn, so employers will need to be especially diligent about keeping their employees motivated during a recession.
The recession officially ended in 2009, but the economy still hasn’t fully recovered. You may have seen many of your employees are discouraged with the state of the economy and those concerns may be playing out in their work. There are some factors you should take into consideration to keep your employees happy during this economic downturn.
- Don’t Accept Silence as Motivation
- Do Communicate Changes
- Don’t Use Money as a Motivating Tool
- Motivating Employees in a Poor Economy Can Be Difficult
About the Author: Kalen Smith is an entrepreneur and business advice columnist. He writes about grad school programs for aspiring business owners such as the i o psychology graduate programs.