49 Know the Competition

When employees pull together to compete in the marketplace, their level of motivation rises proportionately when they understand just who and what they are competing against. Nothing brings a team together like the challenge of performing at higher levels than its competitors and then helping the organization grow as a result.

Is having your employees know more about the competition dangerous? Possibly—especially when it comes to unveiling such information as employee incentive plans, salaries, and other perks. But remember, the point of having your workers get to know the competition is that you, as the manager, can use this information to take specific steps to make your company a better place to work. The ultimate goal, ...

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