Employee motivation is the level of energy, commitment and creativity that a company's workers apply to their work. In the increasingly competitive business environment of recent years, finding ways to motivate employees has become a pressing concern for many managers. In fact, a number of different employee motivation theories and methods have emerged, ranging from monetary incentives to increased involvement and accountability. Employee motivation can sometimes be especially problematic for small businesses, where the owner has often spent so many years building a business that he or she has difficulty delegating meaningful responsibilities to others. But entrepreneurs need to be aware of these pitfalls, because the effects of low employee motivation on small businesses can be devastating. Some of the problems associated with disengaged workers include complacency, low morale, and general discouragement. If allowed to persist, these problems can reduce a small business' productivity, revenue and competitiveness. On the other hand, small businesses can also provide an ideal environment to foster employee motivation, as employees can see the results of their contributions in a more immediate manner than in larger companies. In addition to increasing productivity and competitiveness, a highly motivated workforce can allow a small business owner to relinquish day-to-day operational control and instead focus on long-term strategies to grow the business. business. ...... middle of paper ...... advancement. Managers who recognize employee “small wins,” foster participatory environments, and treat employees with fairness and respect will find that their employees are more motivated. One company's leaders brainstormed 30 powerful rewards that cost little or nothing to implement. The most effective rewards, such as letters of congratulations and time off from work, increased personal growth and self-respect. In the long run, sincere praise and personal gestures are much more effective and cost-effective than simple monetary rewards. Ultimately, a program that combines monetary reward systems and fulfills intrinsic and fulfilling needs can be the most powerful motivator for employees..