Succinct learning is a tried-and-tested strategy for developing your employees. Here's how you can implement it.
Most studies agree with the fact that happy employees translate to a happy and successful organization. Employers and leaders in organizations must bring the best out of their workforce. This can be tasking because the attitude of employees towards the job goes to the roots of how the organisation remains functional.
Getting employees motivated and feel wanted shouldn’t be tasking because, with these tips, you will get the most loyal and hardworking personnel.
In today’s work environment, companies that are succeeding are the ones that ensure recognition in the workplace. A culture of recognition has stood as a cornerstone for good management for many years. But as times change, employers need to retain their top talent by acknowledging their value in the workplace.
Employees get motivated when their exemplary performance at the workplace is acknowledged. The goal of acknowledging employees’ performance is to fortify certain values and practices that enhance better performance and positive results in the company.
Recognition in the workplace also gives employees a sense of respect and being held in high regard.
This can be achieved with a simple, sincere compliment or a-pat-on-the-back. The employee of the month has also become a popular way of acknowledging employees’ performance. You can do this by making a wall portrait of the employee and hang it in a conspicuous place for a whole month.
Acknowledging their performance also results in their happiness, which will encourage them to work 10 times more and improve their loyalty towards the company. As you cultivate a culture of recognition in your organization, it is important to constantly reevaluate ways you acknowledge your employees in big and small ways. The most important thing is to make it a company’s tradition, which translates to the long-term success of the company.
An organization must provide resources to ensure the wellness and health of the employees to reduce absenteeism due to health reasons and improve productivity in the organization. Taking good care of your employees’ well-fair is not just a legal obligation because it involves their physical and mental well-being at the place of work.
Having a healthy workforce is also an ethical duty on the employer because the success of the business depends on the health of its workers.
In the UK FTSC report, 100 companies with a well-fair program for their employees show a higher than average shareholder return over 61%.
Employees are likely to be more engaged at the workplace when they feel they have support from the organization. Low levels of well-being result in more sick leaves, which cost organizations dearly.
Investing in your workforce’s well-being yields higher ROI to the business.
For instance, for every $1 invested, a healthy workforce will return not less than $5 or so because they will work eight times more. Reducing sick leaves ensures an increase in employees’ work attendance and, more importantly, makes them feel engaged when they are in the place of work.
The WHO states that a bad working environment may lead to mental health issues such as depression and anxiety. This costs companies billions of dollars annually, which is negatively affecting the economy, especially during this pandemic period. A healthy workforce is simply a happy workforce that guarantees more productivity.
Offering employees small incentives from time to time goes a long way in yielding their productivity. Sometimes it should be more than just a pat-in-in-the-back or a genuine compliment to get your workforce motivated. You need to design an incentive program that ensures your employees are not only engaged, work-hard but also get them satisfied and in return, you get the best out of them.
Gift cards, free lunch, and off days mean much more to employees than you imagined. Studies suggest that 85% of employees will be more engaged and motivated at the workplace when they receive extra benefits.
Some of the incentives you can include in your incentives program include cash which is always at the top of the list. You can also motivate your employees by taking them on an annual team-building vacation which gives them time to bond, air out issues, and clear their heads off work-related stress.
Extra off days is also a good way to incentivize your workforce as they get time to spend with their families, which is invaluable. You can also offer your employees personalized incentives that are unique to individual employees because each employee has his or her interests. What motivates one employee might be different from what motivates the next employee. For example, an employee who prefers extra days home from traveling should be given extra time to relax.
When employees see their incentives are tailored to fit their needs, they will be back with more energy to serve the organisation.
Employees are human beings with different needs at the place of work. You should value and treasure your employees so that you get the best out of them and give the organization a higher ROI. It is the simple things you incorporate in your organization to make employees feel wanted and valued that will take your company to the next level of success. Investing in your workforce and expressing more gratitude can make a huge difference in your organization.
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