[[:encoded, “Tip #4 of the 8 tips to help you manage people even better is: Rewards & PunishmentsnnThe best tools you have in your arsenal for managing people are rewards and punishments. The fear of punishment and the aspiration of a reward are the foremost sources of motivation for most people. You need to use them according to the situation. Make sure there is a balance between rewards and punishments. None of your employees should feel unfairly treated. Using rewards and punishments perfectly can help in managing people better. nnPunishments are often linked to low productivity and employee morale but can eventually get the work done. An example is when you issue a written notice or cut the salary of the employee, it becomes a tangible punishment. nnAs for rewards, a pat on the back or a word of encouragement is an intangible reward. Giving someone a bonus (which can me Money and a gift certificate for a nice dinner for two, for example) is something tangible. nnTune in tomorrow for Tip #5 to help you manage people even better. Take advantage of the complimentary business tips and tools by joining the Free Silver Membership on https://www.accountabilitycoach.com/Coaching-store/inner-circle-store/. If you are getting value from any of The Accountability Minute messages remember to leave me a review. I would really appreciate it, and Love to hear from you.nnAim for what you want each and every day! nAnne BachrachnThe Accountability Coach™nThe Results Accelerator™ nnTo help you stay focused and on track to achieving your goals, check out these other high-value resources.n- Subscribe to my YouTube channel (https://www.youtube.com/annebachrach)n- Subscribe to my Blog (https://www.accountabilitycoach.com/blog/) nor Subscribe to my blog on Kindle and receive business success tipsnhttps://www.amazon.com/The-Accountability-Coach/dp/B003JBHR4Y/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1315931264&sr=1-1 n- Anne’s Facebook page (https://www.facebook.com/TheAccountabilityCoach)n- Anne’s Linked-in page https://www.linkedin.com/in/annebachrachnnBusiness professionals and entrepreneurs who utilize Anne Bachrach’s proven business-success systems make more money, work less, and enjoy better work life balance.”]]
