Helping people & companies belong for optimal performance. Belonging influences wellbeing & performance more than anything! Belonging & Performance Coach, Speaker & Instructor #belonging #executivecoach #wellbeing
Slightly above pay gets them in the door. But that doesn’t keep them. Retention requires belonging: the feeling, owning, and caring for them, in successes, dreams, and failures. #feeowncare And while pay, when used as a function of caring, is great, I kind of feel Tim's post perpetuates, a transactional model, focused purely on pay that continues an isolating and lonely workplace design. And the data is clear, pay doesn’t create retention. It does get them in the door and may prompt someone to leave their current workplace where they don’t have belonging to at least get more pay somewhere else. Belonging over pizza = retention. #employeeretention #belonnging #performance
Aussie writer with 1B+ content views in 10 years | I teach people to use writing online to create career opportunities | Let's connect: tim@timdenning.com
I don’t disagree, but it really does depend on the generation. In my book “putting differences to work” it was interesting for me to interview five different people from five different generations. It’s on Amazon. Check it out. It might be interesting to you. Hope you enjoy.
Just remember Paul any form of compensation is essentially a bribe... The problem is none of us ever stay bribed.
This is true but studies have shown that humans have short term memory when it comes to salary increases because it becomes normalized. Employers must supplement their reward and recognition programs beyond money
What’s wrong with Ping Pong, Pizza and Beer? 🤔
I totally agree with you Paul. I once worked for a company that paid quite a bit less than the competitor in the same building. I have witnessed people returning to less pay because they were treated better and valued more as people.
It might not even get them in the door. As for culture, opportunity (over the long term), etc., I agree with you 3352% :)
Actually that isn’t true !!
"When people can see the future of the organisation, they can see themselves having a future in the organisation." - a #Clarism Create an organisation that allows people to bring their best self to work every day, and then get even better because they are there. Care about them as human beings first, employees second. Delegate outcomes to them, not tasks. Allow them freedom to think. The list goes on...
Manager of Operations | Trainer | Public Speaker | Human Development - I develop and motivate people to meet their professional goals.
1yCan you quote the study?