Article shows there has been a big drop in staff motivation and morale.
If you are looking for a way to boost morale as part of your own leadership development, then this leadership tip will be extremely helpful.
You can read the full story here
Subject matter of this article includes: staff motivation, morale, Leadership tips, leadership development, management training
An article published recently by CNN finds that as tougher economic conditions have led to increased workloads for less pay, employee morale has dropped sharply.
“Forty percent of employees at organizations affected by layoffs say productivity has been negatively impacted,” claims the article. “Of those 40%, two-thirds of them say that morale is suffering and that employees are less motivated than before.”
What’s concerning businesses most about this trend, however, is the corresponding impact these falling attitudes are having on corporate productivity and performance.
"The risk here is the organization's financial health," said business author Roxanne Emmerich in the article. "Employee morale is the leading predictor of future growth and profitability."
In the article, Emmerich predicts that at some point, employers will have to do more to incentivize employees. She recommends rewards that tie into the company's vision and values, but that are not necessarily monetary. "People just want to be recognized for the most part," she said.
You can read the full story here
Subject matter of this article includes: staff motivation, morale, Leadership tips, leadership development, management training
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