Traditionally at this time of year organisations will be beginning to prepare for the often dreaded ‘annual performance review’ process.
One critical mistake made by employers during any review process is the perception everyone is motivated by financial reward. It may seem that giving perks (like paying annual bonuses, awarding free travel and giving time off) will motivate team members, but research actually shows otherwise. While these rewards may cause a short-term burst of productivity, they also lead to de-motivation in the longer term.
A major challenge for any employer is to maintain team member motivation and identify individual drivers for their motivation.
An understanding of the applied psychology within a workplace (known as organisational behaviour), can help achieve a highly motivated team.
Often organisations create big processes on how they will motivate their team members. What they don’t understand is team member motivation is an emotional thing. There cannot be a process to it. If there were a process, then it would be taught in Universities and everyone would be motivated all the time.
Team member motivation requires an investigative approach – It can only be achieved through adequate compassion and observance of a team member’s aptitude and mood. There is no exact formula to motivate any particular group of people. Everyone is motivated by different things. So one must experiment with what motivates individual team members and what does not.
Still, there are some key concepts to keep in mind…
As you’re working through your organisation’s performance review process ensure you consider the key concepts of team member motivation. Don’t fall into the trap of simply handing out pay rises, without considering the drivers for each individual’s motivation.
The time and effort you put into determining each team member’s motivational drivers will, in the long term, outweigh the short term productivity burst often linked to financial rewards. Remember, team member motivation is key to the overall effectiveness and success of any organisation.
Happy Review Period!