Leadership Blog

Mar 25, 2024

Your Leadership Link by Cullen S. Gibson, Vice President

 

Things You Can offer Employees That are Better than a Raise

 

Respect

respect o meter

Fostering loyalty and commitment among employees hinges on the crucial factor of mutual respect. Talented individuals are notably intolerant of prolonged disrespect. To retain your workforce, it is imperative to acknowledge each person’s unique qualities consistently and unmistakably.

Ensuring equal respect for everyone, irrespective of factors like ethnicity, religion, skin color, gender, or age, is vital. True respect involves not only acknowledging but also celebrating the differences among individuals. While diversity is recognized for strengthening workgroups and contributing to excellent results, it’s essential to address the potential challenges differences might pose. Examining personal preferences, prejudices, and inclinations is a necessary step, especially when involved in mentoring, coaching, promoting, rewarding, punishing, or hiring. Research indicates a propensity to hire individuals similar to ourselves, highlighting the need for self-awareness and unbiased decision-making.

Managing moods effectively is another aspect of treating everyone fairly. Uncontrolled, erratic moods, often referred to as “sloppy moods,” can inadvertently affect employees negatively. Learning to control these moods contributes significantly to creating an environment where employees feel respected. Additionally, acknowledging employees in positive ways is crucial. Instances of employees feeling undervalued or disrespected often stem from a perceived sense of invisibility. Simple acts, like acknowledging employees in passing, play a pivotal role in fostering a culture of honor and respect in the workplace.

I hope you have enjoyed this series on things you can offer employees that are better than a raise! Have a great week.

 

This series been derived from the book “Love ‘Em or Lose ‘Em: Getting Good People to Stay” authored by Beverly Kaye and Sharon Jordan-Evans.