how alibaba motivate employees

How the company motivate their employee? Every person has activities, events, people, and goals in their life that they find motivating. Motivating your employees needs to be a regular routine. Share positive feedback. Alibaba, the most wellknown online company in - the world founded by Jack Ma has implemented and improved their management system in many different styles in order to fit different companies in the world. He built a unique work culture at Alibaba which became the foundation of its success. According to Wong, the biggest frustration foreign employees at Alibaba face is the company’s off-the-cuff decision making process. They stated that Ma was a charismatic leader with credibility that draws people into the company and pumps them with credible dreams. If you do not work hard, you get low "KPI", and then you may lose your annual bonus. In bad times, we know how to motivate ourselves; in good times, we dare to set “dream targets” (stretch goals). 411 motivate employees products are offered for sale by suppliers on Alibaba.com A wide variety of motivate employees options are available to you, There are 9 suppliers who sells motivate employees on Alibaba.com, mainly located in Asia. Required fields are marked *. If you were in charge, what would you do to make Alibaba Group a better place to work? And each of the restricted shares issued by the unit is divided into four years in place, granted 25% per year. The best examples of things that motivate others over the short-term almost always involve surprise and delight. Yes, there is something called "KPI". Samsung doesn’t reward their employees at all, instead they manipulate employees’ mind with the awareness of economic environment. It’s great to feel fulfilled by your work. The reality, when you talk about how to motivate employees, is that they're already motivated. Please don't submit any personal information. Keeping employees motivated, especially during tough times is an important part of your business’ success. There are companies that sadly fail to understand the importance of employee motivation. ESOP is defined as a company-established benefits plan in which employees acquire stock as part of their benefits. So try to make the office look as friendly and appealing as possible. How Alibaba Group motivate employees? The most obvious change for employees is that the “year-end bonus” has chenged into a quarterly-bonus, which is linked to user service instead of… (n.d.). Stock options provides employees with the right to buy and sell their stocks in the company. Here are 12 fantastic ways you can use to motivate your employees: Create a friendly work environment Your employees spend a large amount of time of their lives working in the office. According to chapter 5, it states that employer can motivate employees by rewarding them through several different variable-pay programs. This reminds me of a recent commercial speech of Ma, who plays an important role in China’s internet business. In Kyukim’s blog, he talks about Samsung motivates employees by “threatening” the employees in South Korea. Employee motivation is a critical aspect at the workplace which leads to the performance of the department and even the company. As a manager, you're charged with figuring out how to tap into that motivation to accomplish work goals.Fortunately, you control the key environmental factors that are necessary to achieve this. To create a work environment in which an employee is motivated about their job involves both intrinsically satisfying and extrinsically encouraging factors. In Alibaba, an employee shall be entitled to exercise for one year after he or she receives the restricted shareholding unit. How to Motivate Your Employees in 10 Easy Steps Published on February 10, 2015 February 10, 2015 • 1,159 Likes • 264 Comments Proudly powered by WordPress | Theme: Pink Touch 2 by WordPress.com. Celebrate success. Google was named the 2014 “Best Company to Work For” by the Great Place to Work Institute and Fortune Magazine. T reward their employees at all, instead they manipulate employees ’ mind with the right to and... To their work # imgrc=m-Q418IKtYzVtM the Honor department is relatively independent, with separate financial statements control! For” by the Great place to work For” by the unit is divided into years... Enthusiasm will result to happy investors and customers and even the company to work source=lnms... Highly motivated staffs, who are dedicated to their work companies that sadly fail understand! To improve both productivity and reputation in the company motivate employees is motivated about their involves. 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