A blog about reputation, marketing and employee morale.

High employee morale isn’t about money

Posted by Janet Smith on August 8, 2008

I promised a positive blog post today. And I have a “great boss” story for you.

I spoke at a Rotary Club yesterday on my favorite topic—increasing employee morale—and had the good fortune to be seated by a nice guy named Craig during lunch. He runs a small financial services company and has just a few employees. And what a great boss! He keeps his assistants completely informed of everything he’s doing and keeps them up-to-date on progress toward company goals. Craig shares all financial aspects of the company with his employees, so they know how business is going. Bonuses are given quarterly, when there are profits—and not surprisingly, there usually are.

Craig trusts his employees and empowers them to make decisions. He gladly lets them take time off when they need time off—no questions asked. He said to me, “I don’t even ask them to keep track of their hours. But I’m sure if I did, I would find out they are working far more hours than they are paid to work.”

That’s what highly motivated, engaged and satisfied employees do—they go the extra mile and more for their employers! Imagine what ownership Craig’s employees have in his company. They know they are valued and that success is a team effort.

I said to Craig, “I’ll bet if your assistants were offered jobs somewhere else for more money, they wouldn’t leave.”

He said with confidence, “No. They wouldn’t.”

High employee morale isn’t about the money. It’s about the way you’re treated. Craig’s doing everything right and you can bet his employees know how lucky they are to work for him. They no doubt hear plenty of “bad boss” stories from friends and family…so why would they leave? You can’t put a price on loving your job!

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