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Handling them with respect , listening to their opinions, making them feel empowered and they are the success makers
By indicating the future growth in organisation including learning new technologies and by indicating their market value after some period working in your organisation.
Providing monetary benefits is not the only way to motivate your team, It is a way...Taking their feedback, assigning them responsibilites as per their aptitude for the same. keeping a open door policy etc can result in immense motivation itself. A team becomes a team when they are able to work together in both easy & difficult settings.
It is a proven fact that money is not the highest motivator for people. Identify what motivates each team member and work with management to satisfy your team members as much as you can.
money is not always a way to reward an employee or to motivate him.
security at work is the most important factor that keeps an employee motivated more than money.
security at work can be achieved through a combined elements, some of these elements are:
-respect
-Feedback of there work
-providing them there full rights as per labor law without them asking for it.
a good manager is the one who always try to improve his team by letting them learn and confess there faults without being scared of getting fired
If you mean no budget to pay your team members' basic salary then there is no point taking this project further. A good project manager negotiates with the project sponsors for more funds to meet this very important part of budget.
Other motivational methods are good as long as they don't affect your team members' salary.
Very good question and this kind of situation is faced in many organisation wheter it is related to specific project or a team.
Money is not always a motivating factor as we all know. The simple things which could be followed are following.
a) If certificate can be printed name individuals with the contribution and get it signed by a senior manager and give awards like Star of the week or Month etc.
b) Do felicitation of the individuals like naming the person as best performer and get him applauded by announcing his name in the team meeting.
c) Send individuals mail from senior manager specifying his good work in detail which will make him rewarded
d) Announcing name of the individual in team meeting as good performer.
e) As simple as giving a pat on back by senior manager.
The above mentioned are Rewards but at the same time Listening carefully implementing good suggestions also encourages a individual in the project
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