Keeping morale, engagement up when bonuses, raises take a tumble

Improving employee communication, work-life balance, recognition can go far
By Margot Uson
|Canadian HR Reporter|Last Updated: 06/15/2012

When the well runs dry for bonus and incentive programs, it seems like motivating employees will — automatically — become a problem.

But not being able to pay salary increases or bonuses doesn’t necessarily mean employees must go without rewards for improved behaviour or meeting objectives.

The phrase “compensation and benefits” doesn’t always have to relate to “bonuses and raises.” Money frequently falls far down the list of what really motivates employees, even though it is pointed to by some as the prime motivator or the way to keep employees engaged in their jobs.