February 2019 Issue of In Business Magazine

Page 50

What Motivates Employees? by Kristin Munson

Andrew Siegel decided to start looking at best practices for

Work” title. Using this model, other companies can also develop

employee engagement. For many in the HR field, balancing the

processes for how the company sets itself apart from its competition

buzzword-heavy realities of “multi-generational workplaces,” “talent

by recruiting wisely, onboarding seamlessly, administering benefits

management,” “creation of culture” and “employee engagement,” his

easily, paying accurately, training carefully and giving timely and

attention to the subject couldn’t have been more timely. As president

consistent feedback to employees. Payday HCM’s ability to attract

and CEO of PayDay HCM, while the company developed processes

and retain top talent affects not only client’s experiences but also

and participated in strategy circles to improve the experiences of

the company’s bottom line, and growing small- and medium-sized

clients, Siegel returned again and again to the same questions: What

businesses can replicate Payday HCM’s success.

motivates our employees? Why do our employees come to work? How can our employees make a difference in people’s lives? What he discovered in his research, however, was that, while companies invest millions of dollars into improving their client experience, very few make a commitment to improving the employee experience. Siegel set out to change that. Southwest-based service bureau Payday HCM set out to improve the employee experience, from hire to retire. Companies taking advantage of the day-to-day employee/employer relationship have the best results in their product advancements. What resulted for PayDay HCM was a multi-directional engagement process that energizes employees, improves communication, promotes collaboration and facilitates cultural alignment with company goals — and, most recently, winning the coveted “Best Places to

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