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Michael Saltzstein: Three Ways to Effectively Motivate Your Team

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Michael Saltzstein on Ways Leaders Can Encourage Their Employees

Michael Saltzstein emphasizes that employee motivation is important to keep a business thriving. As an industry leader, he knows managers have a role to play in empowering the people they work with. While it's important to act professionally, workplaces don't need to be places of apathy. Instead, executives, supervisors, and other superiors can be encouraging authority figures that inspire employees to do their best. Michael Saltzstein suggests these three ways to effectively motivate your work team.

Be open with employees.

While there may always be some information you shouldn't share with your employees, it's important to relay necessary information about the company, the department, and even the team. Providing regular updates on projects and policies will give employees a sense of security. Doing so will also keep them on the same page regarding the firm's goals and overall direction. It might even motivate them to work towards a promotion. Leaders can also carve out some time to chat with employees about non-work matters and offer help when necessary. Even in a busy workplace, empathy is essential.

Recognize their achievements. Reward their efforts.

Many employees leave because they feel like their efforts are not recognized. Michael Saltzstein shares that the recognition and rewards don't need to be grand. Announcing their wins during a team meeting or even rewarding their efforts with small gifts will inspire them to keep doing their best. While there could be moments when employees must be reprimanded or warned, these things should be done in private and with the utmost respect.

 It's tough to work with underpaid and demotivated employees. Therefore, companies should ensure they compensate their employees appropriately. Even loyal employees can be discouraged when their salary doesn't match their contributions. Aside from this, they should also be able to access their benefits, such as paid time off and healthcare, without going through long-drawn processes.

Michael Saltzstein is a visionary leader of global risk services, financial structures, multi-line claims, strategic planning, and enterprise initiatives. He effectively delivers multimillion-dollar expense reductions and bottom-line improvement, maximizing coverage and minimizing cost. Visit this page for more on business and finance.

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