When it comes to motivating people, nonfinancial incentives come out on top. A new McKinsey study reveals that non-cash motivators are more effective than extra cash in building long-term engagement.
It’s no surprise that employee engagement levels have dropped. What is alarming is that top performing employees have expressed a 25% drop in engagement.
Effective employee engagement is the key to combating the brain drain problem currently being faced by Google, according to I Love Rewards, a leading web-based rewards and recognition program provider for top North American employers.
Razor Suleman credits his fired-up workforce with driving 200% growth. “I attribute it to our culture, our business model and our focus on people and rewards and recognition.” – Razor Suleman
[ILR] was featured in the Toronto Sun in February 2009 lending an industry leading perspective on different ways how of engaging and motivating employees during the recession.