Monetary Savings
Improved productivity and higher quality services and products equal monetary gains for your company. This opens up cash for improvements in the company or to be used as benefits for employees.
Better Employee Retention Rates
If your employees are motivated, you will be able to retain more of them. Every time you hire a new employee, you have to invest time getting that person up to speed on the job requirements, integrating that person into the workforce and figuring out exactly how that new person can contribute. Existing employees have a wealth of knowledge about your company and how projects work. They are also already accustomed to working with the other employees at your facility. By retaining employees, you save money and time.
5. Pleasant Work Environment
Motivated employees are happy employees. Better morale is contagious; it leads to a pleasant work environment and better productivity. All this means a better workday for everyone.