Hey!
I thought I would mix it up a bit for this post, and instead of focusing on Microsoft, I thought I would share an article I came across regarding motivational stategies used by Fortune 500 companies:
Fortune 500 companies often promote a healthy work/life balance to motivate employees. Companies may offer employees more personal days, unlimited sick days or additional vacation time to ensure a strong balance between their personal life and work time. This technique can be used to create a positive overall environment in the workplace. Additionally, many Fortune 500 companies provide educational reimbursement packages to employees. This may allow employees to finish earning a college degree or obtain a new degree to advance their career. By using a competitive reimbursement package to advance their educational background, employees improve their understanding of the business environment.
Furthermore, companies may offer a variety of incentives to motivate employees. While common incentives may include performance-based bonuses or compensation increases, other incentives may be less traditional. Non-traditional incentives may include telecommuting, a compressed workweek, on-site gym or gym discounts, and on-site childcare or childcare reimbursement. Aflac, Monsanto, Microsoft, Whole Foods, Mattel, Marriott International and Qualcomm are just a few of the Fortune 500 companies that offer these types of incentives to their employees.
By doing all of this, not only does it create a less-stressful work environment, it creates a more productive work enironment as well. I also wanted to share it because it showed that across the board companies are behaving similar to Microsoft; which is beneficial to all stakeholders of these companies.
Check it out!
http://thinkup.waldenu.edu/management/hr-management/item/11953-motivation-techniques-used-by-fortune-500-companies
Thanks for looking!
Katelyn Fisher
Team 4
I think these practices are great! Providing the resources to build a healthy work/life balance is essential for a company. Happy workers leads to greater productivity. Gym memberships, child care, telecommuting, etc. are great ways for a company to set itself apart from the competition and really have people wanting to work for their organization. With this desire and competition comes greater applicant pools and thus quality employees.
ReplyDeleteTeam Three
Danielle Trasatti