As recruiters it's not in your per view to motivate employees, but if you also have functions in HR, employee moral is most likely something you deal with everyday.

Motivating and compensating employees is a challenge faced by every business owner, manager, HR department, and talent developer the world over. Faced with this new information economy where we are constantly ‘wired in’, engagement of top talent is more highly competed for than ever. Recruiting then retaining top talent is vital to the long term success of a company.

While recruitment is focused on the now and retention is the long term problem, the attraction and retention often overlap when compensation is discussed. Compensation is often in the form of money. And money is a motivator to be sure, but only so far as when it ceases to be an issue. Once you pay or incentive your people with enough money they are not worried about it, money as a motivator comes off the table. How can this be?

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http://laimoon.wordpress.com/2011/12/07/3-tips-to-motivate-employee...