How to Motivate Millennials and Gen Y Salespeople
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A business that has mastered how to motivate its sales team will perform way better than the competition. It will generate more high-value opportunities, convert them and retain highly profitable accounts. That is why every sales manager, business owner, and HR manager seeks to get the best motivation strategies for their business. One determinant that has been observed is the generational structure of a sales team. Generation X, mainly motivated by pay packages and financial incentives, is exiting the market.
Enters Millennials and Gen Y
The emergence of Millennials and Gen Y as dominant forces in the workforce demands a fresh perspective on sales motivation strategies. We will use Herzberg’s theory of motivation to appreciate how we can excel in motivating salespeople from these generations.
A Dual Perspective on Motivation
Herzberg's two-factor theory illuminates the dual nature of motivation, categorizing it into motivators and hygiene factors.
Hygiene factors are extrinsic elements linked to the job's surroundings, which can lead to job dissatisfaction. Conversely, ?motivators are intrinsic factors directly tied to the job, igniting job satisfaction.
Millennials and Gen Y are motivated more by intrinsic factors (motivators). ?However, this is only possible once the hygiene factors (demotivators) have been addressed. ?
?Here are some ideas that can help you create a motivating environment for your millennial and Gen Y salespeople.
?Clean up the Hygiene
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?Harnessing Motivators
?Embrace a New Era of Motivation
The days of relying solely on financial incentives are behind us; it's time to embrace a new era of motivation that resonates deeply with the aspirations of Millennials and Gen Y.
It's time to take action and integrate these insights into your motivation strategies, crafting an ecosystem that propels your millennial and Gen Y sales professionals to higher performance and productivity. ?Transform your workplace into a nurturing space that fosters not only professional growth but personal fulfillment as well.