An Online Publication by Generational Equity
Finding ways to reward non-family executives in a family-owned business can be one of the biggest challenges faced by owners of a small- to mid-sized firm. However, it’s imperative for the health of your business that you retain top performers, especially as your growth demands you hire talent outside the family.
What can you do to keep your best employees motivated and acting like owners even if you can’t share ownership? [Read more…]
This week we discuss the critical role M&A firms play in closing deals, how many people depend on the ROI from private equity, and a better way to motivate your employees. Click on the headlines to read the articles in their entirety. [Read more…]
Last week we discussed the foundation of employee motivation, which is trust. In order for an employee to be motivated at all, they must first have faith in their manager and the company they work for, believing that upper management and the owners will follow through on their promises. Once you’ve established trust with your staff, you can then do other things to improve your staff’s motivation. We’ll focus on how to motivate employees today. [Read more…]
For the business owner, employee motivation cannot be underestimated. A happy employee not only provides a better representation of the company to the clients and customers, but when employees are motivated they are both more productive and the office environment is more pleasant.
There are many factors that will effect employee motivation, but we’ll focus on five keys to employee motivation that we believe are foundational.