Salary or wages are one of the factors that can motivate us to do our work daily, but apart from the amount, there are many other circumstances that can affect our ability to do our job properly.
Salary is a concern for many workers, especially in those cases where it is quite fair, thus limiting the employee’s purchasing power . In many cases, the company may not be able to pay more money due to economic circumstances, either due to the worker’s duties or other circumstances.
Emotional salary as a way to attract and retain talent
What is Emotional salary emotional salary?
Emotional salary is the compensation that an employee receives for performing their duties in the company and fulfilling certain responsibilities. It is not economic norway phone number library in nature, as it is a non-economic compensation designed to improve employee productivity, contributing to motivation for more efficient performance of their duties.
To ensure that employees feel important in the organization and integrated into the team of professionals who develop professionally in the company, it is necessary to have an emotional leader .
What are the benefits?
The benefits of this type of phil daugherty compensation are numerous, but some of the ones I would like to highlight are the following:
Increased productivity : By feeling better compensated, both financially and non-financially, employees will be more relaxed and satisfied in their jobs, improving their performance of their job duties.
Improving the work environment : Emotional salary can help us better balance our work and family lives, thereby improving the work
It strengthens the sense of belonging
By receiving benefits of different categories, social benefits, flexible hours, the possibility of teleworking, etc., employees will see their sense of belonging to the organization to which they belong increase.
Recognition of merit : If you start recognizing employees’ small merits and successes on a daily basis, you will be fostering team spirit.
Better information : If you invest in book your list informing your employees on a daily basis, through regular meetings, for example, using the Scrum methodology, you will achieve great progress in a short time, avoiding duplication and misunderstandings.
Performing tasks more efficiently : If the worker feels more integrated and satisfied in performing their routine tasks, they can increase the efficiency of their execution, reducing downtime.