Impressive salaries, light workloads or months of vacation time aren’t the top reasons that people value their jobs. People agree that these things are important, but the employees prefer workplace incentives with more long-term benefits.
Here are some tips that any business can tailor to their employees.
With today’s technology many companies are no longer reliant on the traditional 9-5 workday.
1 in 4 employees experience high levels of conflict between work and family life. Offer flexibility in the workplace by allowing employees:
- Flexible working hours
- The option to work remotely
In a survey of more that 210,000 American employees, less than half were satisfied with the information they received from management.
Besides keeping employees in the loop, frequent communication also reminds employees they are part of the team.
Adopt an ‘Open Door’ policy. This will allow for:
- An open flow of communication
- Closer working relationship
- Fast access to information
Only 24% of employees are satisfied with the level of recognition they receive at work.
The top five forms of recognition awards are:
- Gift certificates
- Company merchandise
70% of employees say meaningful recognition has no dollar value.
Offer Development Opportunities
Only 39% of employees feel there are sufficient internal career opportunities in their workplace.
Studies show that promoting staff to senior roles from within the company provides benefits such as reducing turnover and increasing productivity.
Companies can provide professional development by:
- Offering on-the-job training
- Reimbursing for continued education and training
- Creating opportunities for employees to connect and network
- Establishing a graduate scheme to fast-track promising alumni
- Adopting a membership program
According to 90% of workers, the most valued attributes in the workplace relationships are:
Trust can be actively fostered by:
- Proactively building interpersonal trust
- Communicating with predictability
Give and Receive Feedback
People may not like giving negative feedback, but everyone wants to hear it, as long as it’s constructive.
Effective feedback lets workers know how they are meeting their goals. Ensure feedback is:
- Timely: address issues when they arise.
- Focus on the future: avoid too much criticism of the past.
Provide a Sense of Purpose
Employees who are able to find meaning and purpose within their roles are healthier, happier and more productive.
Explain to employees exactly where they fit into the company structure and how they contribute to the success of the business.
Both employees and employers benefit from a great workplace. If you are looking to create a better work environment, work to implement any of these tips listed above.
Question: Which of these tips could you start implementing immediately? Please leave your comment below.