
Incentives, Recognition and Motivation
By Jim Chiswell
As
I work and talk with owners across the country, I am constantly asked:
"What type of bonus system should I use for my employees?" It seems
one of the most popular is a compensation for every unit rented. Others have
recognized that a manager's incentives should be tied directly to the
performance of the store compared to the yearly budget. Sharing a percentage of
the financial success over the expected budget can be profitable for owners and
managers.
I am rarely asked, however, about the big picture: keeping employees
motivated in their jobs. Motivation cannot be accomplished by money alone. Yes,
I know dollars are important, but research study after research study points to
the need for a combination of factors to keep your team at peak performance.
It is important employees feel knowledgeable about the business itself. This
can be achieved by having all employees participate in planning the annual
budget, as well as the design of future Yellow Pages ads and other sales
literature. This means having everyone create the written goals and objectives
for the year and then keeping them informed of the progress.
If you give someone the responsibility for carrying out a specific task, he
needs to have the authority to act accordingly. Nothing can undercut morale more
than a boss who is constantly second-guessing the employee and getting in the
middle of things with a "No, let's do it this way" approach. OK, maybe
everyone that works for you cannot do something as well as you could, but do you
really want to be behind the counter every day? Probably not.
The other critical factor is in recognizing people for the job they are
doing. If you are a part of Storage USA, Shurgard or other organization with
countless employees, having a "Regional Employee of the Month" is much
simpler than if you are a single-store operator. But even with one facility and
two or three employees, a recognition program can be created. The recognition
could be for the outstanding results from a "mystery shopping" phone
call or positive comments from a customer. Many times, just having an owner come
into the store to say a simple "thank you" can have a significant
impact. Bringing in an unexpected lunch treat or taking over the office so an
employee can have the afternoon off will have positive results.
I would also like to encourage owners to think about giving unexpected
incentives to their managers, a concept Joe Niemczyk of Executive Self Storage
has used for many years to help motivate his troops. A CD player or tickets to a
sporting event, when totally unexpected, can produce a lasting memory of
appreciation. I know of one owner with several properties who took everyone to
dinner one night and just as the meal was ending handed out gift cards that
read, "You are as good as gold to me!" Inside each card was a solid
gold coin. It was a direct way to give people an unexpected bonus with a unique
twist. If you do not have an incentive and recognition program in place, it is
never too late to start. There are no rules or restrictions, so use your
creativity.
Speaking of recognition, I would like to acknowledge Louise and Leo, managers
at Plantation Self Storage in Bluffton, S.C., for being selected as Managers of
the Year by Mini-Storage Messenger magazine. I know this team and the award is
well-deserved. Congratulations!
Telephone Research
I had an opportunity to see firsthand the telephone-research information
being produced by a company called Client Discovery Service in Georgia. (See the
"TechTalk" column published in the July issue of Inside Self-Storage
or visit www.callerid.com for more
information.) Its telephone-monitoring devices are picking up some significant
weaknesses in our telephone operations. Monthly reports show you, by the hour,
when inbound calls are coming in as well as when, and to whom, outbound calls
are being made. You may think that simple five- to seven-minute call you make to
a friend each day is not telephone abuse--until these calls show up on the
report as consuming five to six hours a month.
The reports from Client Discovery are some of the most powerful
telephone-research tools I have ever seen. The visual reports pinpoint the
actual locations of the phone calls on a map. You can instantly see where your
marking efforts are having an impact. The company will even provide a daily fax
service to provide you with the telephone numbers of inbound callers whose phone
call was never answered. These lists, waiting for the managers on the fax
machine when they come into the office in the morning, can generate real
customers with a simple courtesy call.
Who could object to receiving the following phone call: "Hello, Mr.
Chiswell. This is Alyssa from Silverado Self Storage calling. Our caller-ID
telephone database indicated someone from this number called our office
yesterday. I am sorry we were not able to take your call. How can I help
you?" OK, the real privacy freaks might be taken aback that you had their
name and telephone number, but even the most cynical person will be impressed by
your follow-up. The individual with a storage need will appreciate the fact you
are trying to assist him.
Where Did This Come From?
Thanks to everyone who responded to the burning question from May's Thoughts
from the Road column about the origins of two phrases: "dead as a
doornail" and "easy as pie." Congratulations to Jimmy Murtaugh of
Florida and Kim from South Dakota for being the first two to reply. Jimmy and
Kim nailed them both with an online search.
It is apparent to me that because of modern technology, the answers to these
sorts of questions are readily available on the Internet. Therefore, I have
decided to abandon my idea of including phrases like these in each of my
columns. This is a prime example of how you sometimes have to try things out
yourself to see if they work for you. Someone else's lack of success with a
concept does not necessarily mean it won't work for you or your facility. So
don't stop trying new ideas. I know I won't.
Jim Chiswell is the president of Chiswell & Associates. Since 1990,
his firm has provided feasibility studies, acquisition due diligence, expert
testimony and customized manager training for the self-storage industry. In
addition to contributing regularly to Inside Self-Storage, Mr. Chiswell
is a frequent speaker at Inside Self-Storage expos and various association
meetings. He can be reached via e-mail at Jchiswell@adelphia.net
or by calling 716.634.2428. Visit www.selfstorageconsulting.com.
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