Employees may not need a pay raise as much as they do personal thanks from their manager for a job well done. Show your workers that you support them, and encourage better performance by motivating them in the following ways:
Personally thank employees for doing a good job — one on one, in writing, or both. Do it promptly, often, and sincerely.
Be willing to take time to meet with and listen to employees. Give them as much time as they need or want.
Provide specific feedback about the performance of the employee, the department, and the organization.
Strive to create a work environment that is open, trusting, and fun. Encourage new ideas and initiative.
Provide information about upcoming products and strategies, how the company makes and loses money, and how each employee fits into the overall plan.
Involve employees in decisions, especially those decisions that directly affect them.
Encourage employees to have a sense of ownership in their work and their work environment.
Create a partnership with each employee, giving them a chance to grow and learn new skills. Show them how you can help them meet their goals within the context of meeting the organization’s goals.
Celebrate successes of the company, the department, and the individuals in it. Take time for team- and morale-building meetings and activities.
Use performance as the basis for recognizing, rewarding, and promoting people. Deal with low and marginal performers so that they improve their performance or leave the organization.
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Source:http://www.dummies.com/how-to/content/ten-ways-for-managers-to-motivate-employees.html
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