Staff motivation 'must evolve in downturn'

Date: 26/08/2009

Worldwide organisations need to understand that the incentives and recognition that staff require have changed in the economic downturn, it has been claimed.

Research carried out by talent management solutions provider Hudson indicates that employees are increasingly focused on long-term security and career development over instant, salary-related rewards.

The study also found that 42 per cent of people surveyed feel their job is less secure than one year ago, while 32 per cent believe many managers feel they do not have to reward and recognise work anymore as staff tend to feel lucky they have a job at the moment.

Chief executive of the group Mark Steyn commented: “A motivated and engaged workforce is key and it is vital that a talent management strategy focuses on the specific drivers needed to create and maintain this motivation and engagement in each and every individual employee.”

Earlier this week, Ann E Zaslow-Rethaber of International Search Consultants commented that it is more vital than ever that firms keep staff motivated during the recession.

Written by Elizabeth Mewes

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