Tangible and Intangible Employee Motivation Tools

Employee motivational tools can be divided into two categories: tangible and intangible.

Tangible motivational tools include money, holidays, and other tangible perks and benefits in the workplace, whereas intangible tools of employee motivation include verbal and written acknowledgement of employee contribution, celebration of memorable dates such as birthdays, anniversaries and achievements, developing effective work environment etc.

A major internet company, Google can be mentioned as a model workplace where design of workspaces and working environment has been developed in a way that they have positive impact on the level of employee motivation. Specifically, Google offices around the world are have many unique features in terms of design and decorations and these are aimed at increasing the level of employee motivation and creativeness.

Organisational managers are recommended to recognise the level of employee motivation as one of the most crucial factors of competitive advantage in the market. Moreover, managers are recommended to use both; tangible, as well as, intangible motivational tools need to be used by management in an effectively integrated manner in order to benefit from highly motivated workforce.