These busted myths were published by the HRZone website.
Employees are motivated only by money
Motivation is a multi-layered and complex matter. If you try to motivate workers with money alone, you will soon hit a ceiling. Satisfied employees are those who not only earn enough money, but are listened to, believe they are doing work that is meaningful, and are able to balance work and family life effectively.
There is no time for individual attention to employees
If you adopt this approach, you can expect staff turnover quickly to spiral out of control. Blanket solutions do not work in talent management, and if you want loyal and happy employees, you will need to take an individual approach to them.
Only young workers are good with new technology
Although it may seem only young people are familiar with modern and latest technologies, this is not the case. On the contrary, due to their young age they sometimes lack insight, experience and the ability to think innovatively. You should not fall for stereotypes and assume only young people are good with technology.
Remote working and other flexible forms of work reduce productivity
Again, this is another myth. If an employee's role allows it, it turns out that remote working makes employees more productive, more grateful and therefore more loyal. This is all thanks to the opportunity to balance better their work and personal lives.
Manager-subordinate review meetings once a year suffice as a talent management tool
Many managers skimp on the care of their subordinates by having a review meeting with them once a year to discuss long-term goals and possibly some wage rise. However, if this is the only tool of talent management, be aware that your subordinates may have a lot of things on their minds but no opportunity to communicate any frustration.
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