3. Good compensation is important, but...

Of course, in order to recruit and retain good employees you have to have a good compensation plan.   But the money only gets them to show up.  The quality and quantity of work completed is in direct correlation to the quality and quantity of residual intrinsic motivational factors introduce into the workplace by management. 

Central theme: There is no correlation between compensation and the quality or quantity of work produced. 

This has been proven in study after study.  About 70% of employees admit to poll takers they prefer being recognized for a job well done and praise from their boss rather than a pay raise.  From my experience I would suggest that most of the other 30% feel the same way they just could not bring themselves to say it out loud.

It is quite obvious that extrinsic motivational factors (paycheck, discipline, etc,) are secondary in the development and maintenance of highly productive and profitable employees.
Yes, I did say, "profitable employees."

 

Who is Paris V. Street?


I am a General Manager of Sales and Operations - a Senior Management Professional who has 25 years of success in a diverse range of sales and marketing management principles including Total Quality Management.  My proven skill set includes selection, training, and retention of quality employees and producing high rated sales and customer service teams.   I enjoy leading others to success.  I am happiest when training professionals on how to create more success on the job and more wealth for their companies and for themselves. I am at my best when I am coaching and developing people, creating a culture of success, and empowering teams of individuals to meet and exceed organizational goals.

Thank you for reading my views on motivating people to do great things. These methods will also work in your personal life as indicated below.  I hope this information is useful you.
 
Personal Life
I have a beautiful and amazing wife of over 25 years and two adult children that were both home schooled. 
My oldest child (age 24) has an MBA with a 4.0 GPA and is working as a manager for one of the largest non-profit organizations in San Antonio, Texas.
 
My youngest (age 21) holds a full time job, is a community organizer (a true leader), while going to school full time and maintaining stellar educational discipline.
 
Please contact me, if you need assistance.
Paris V. Street

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 Copyright 2009 Paris V. Street. All rights reserved.

 
web counter
web counter