No, You Don’t Need a Million Dollars to Boost Your Employees’ Emotional Well-Being
But you can do these things instead (and it’ll cost you almost nothing)
I recently came across an interesting article about a CEO who made $1.6 million in the stock market and gave it all to his “non-highly compensated” employees.
Against the backdrop of the COVID-19 economy — and any time in the fiscal reality, really — this is a magnanimous thing for any founder CEO or company to do.
Despite the circumstances that inspired the CEO to consider giving his employees such a financial gift, it is a roaring example of an employee-first leadership.
A Little Advice
Now, much as you would like it to be so, most of you will not be able to make such a financial gesture to your employees. You know it is good for morale. That it makes employees feel valued. And you know that when your employees feel valued, they will move mountains to help you grow, if not help you stay afloat.
And you know you want to be able to do that to your team, too.
But you can’t.
Not when you are looking at a curve that shows no signs of flattening. Not with the…
