There are three ways to motivate your employees: fear, economic inventive, or sense of personal development. Fear is short term solution, because most people adjust to the pain or learn how to avoid it. Economic motivation (outside of a paycheck) does not work in the long run either, because most employees end up depending on the extra money or taking it for granted. The best (and most cost effective) way to motivate your staff is through Employee Incentive Programs.
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