If we turn to Maslow’s theory, it becomes clear that financial incentives do not completely cover a person’s needs. Non-financial motivation of employees allows you to inspire the team to achieve the goals of the organization. It is a powerful tool that leaders must use.
For staff to be motivated to get the job done, incentives need to be supplemented with non-material factors. They are aimed at satisfying the highest needs of a person, for example, the thirst for respect, the realization of the qualities inherent in him. The quality of work of employees depends on how well the motivation system is developed. This affects the performance of the company: it either makes a profit or suffers a loss.
The leader should consider that even workaholics can be more effective if given good incentives.
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