A new entrepreneur can never match the salaries being offered globally and he or she will be definitely way behind the salary matching because if he tries to get into it, he is bound to fail as an entrepreneur.
So, question arises is that how he can keep his team motivated and keep them stick to his venture and a few proposals which can be considered are as listed below:
- Ownership (equity)
- Ownership (decision making)
- Flexibility
- Variety of roles
- Encourage Husband & Wife to Join together
- If working for a cubicle is not mandatory, than let them work from their homes.
- Crèche facility
- Bill Payment
- Car Servicing
- School dropping
- Annual Health checkups
The employees will not any of above things in return at any of their regular job and they will have more than 10 reasons to stay put at your venture as all above leads to a healthy working environment and they will all start loving their jobs. As a matter of fact when a person loves his job, he is more bound to stay longer in a job.
So if you want to make sure that your corporate venture blooms, do also consider extending corporate social responsibilty which will help them work with a noble cause in mind. Last but least do not forget to check out daily stock tips at your favourite site and also recommend any other efforts undertaken at your end to help nurture your venture.