A 'carrot and stick' approach if implemented correctly brings rewards and creates an efficient staff, writes TANIA NGIMA
Productivity can be directly linked to how motivated or engaged a workforce is. However, aside from the most obvious motivators such as financial and measurable rewards; salary and pay raises, bonuses, entertainment and other such allowances, it is important to find other ways of motivating teams that do not directly affect the bottom line of a company. Another limitation of financial rewards is that most of them go through approval, usually once a year in most organisations.