By Aishwarya Sinha Ray
Employee motivation can be considered as the level of energy, commitment, persistence, and creativity that employees bring to their jobs. Whether the economy is rising or shrinking, finding ways to motivate employees has always been a management concern. Competing theories stress more on either incentives or employee involvement (empowerment). A smoothly running and motivated workforce also frees the owner from day-to-day chores for thinking of long-term development. Furthermore, a tangible and emotional reward can mean retention of the desirable employees. People thrive better in creative work environments and want to make a difference. Ideally, the work’s result itself will give them a feeling of accomplishment and inspiration—but well-structured reward and recognition programs can enhance this consequence. In general, better employee motivation leads to better engagement and hence better productivity. This is why employee motivation is one of the biggest management concerns.
Why Employee Motivation Is Important?
Research has shown over and over again that employee motivation is highly linked with employee engagement. Moreover, employee engagement almost always leads to better productivity. For this reason, it is not a surprise that organizations pay more attention and resources to employee motivation.
As a matter of fact, according to a recent survey on Employee Engagement, an alarming 70%+ of American employees aren't working to their full potential. For that reason, economic growth is slowing.
Most often then not, less engaged employees are most likely to be less emotionally connected to their companies. In addition, they often tend to work against the company’s interests.
Benefits of Highly Motivated Employee-
No matter how big or small an organization is, employee motivation is always one of the cherished goals for all employers. This is specifically true in the world where Millennials make the biggest part of today’s workforce. Most employers are aware of the expectations, requests, and needs of Millennials, the new workforce in most organizations.
However, employers need to learn how to adjust to it because the benefits of high employee motivation are numerous.
In comparison to unmotivated employees, motivated employees:
How to Improve Employee Motivation?
As today’s workforce is very different from the one that we had ten years ago, so are the motivational factors.
Every employee is different and hence not the same things motivate them. However, there are a few employee motivation ideas every employer can follow.
1. Choose the right leaders for your organization
Assigning the right people to lead employees is important for employee motivation. Good leaders have the power to highly motivate and engage their team members in the best way possible.
2. Coach your managers
Constant management and coaching are necessary to keep employee motivation at high levels. As the workforce continues to change, so do employees' characteristics and motivational factors.
3. Define specific but realistic engagement goals
Managers and leaders should be responsible for assigning precise and measurable engagement goals and objectives. Employees who have clarity of goals are more motivated to achieve them.
4. Make someone accountable
After defining goals, leaders should be held responsible. In other words, if the goals are not achieved, managers should be responsible enough to discover why the engagement levels are not satisfying. In addition, they should also define tactics and methods for improvement.
5. Improve internal communications
This is the most crucial one! Companies with poor employee communications often suffer very low levels of employee motivation and engagement. Employees who are not informed and feel left behind are way harder to motivate.
6. Value employees’ work and contribution and recognize them
Employees need to know that their work is important and valued. If they got some goals and managed to achieve them, they should understand how does that reflects on the company’s success.
7. Give a structured feedback
Positive or negative, feedback is necessary. Continuous feedback helps employees stay in the loop and understand if there are any more opportunities for improvement.
8. Recognize and reward your employees
Don’t forget to reward good work. Recognition and rewards should be a must-have in every company. However, leaders should make sure to reward the employees with something that they value.
9. Connect with your employees more often
Good leaders are able to connect with their employees on both personal and professional levels. Remember, not everything, at all times, need to be about the work.
10. Build a positive work environment
Healthy workplace environments and cultures are the ones where people feel free to talk, feel valued, trust their leaders and have good relationships with other employees. How healthy is your workplace?
11. Encourage innovation and creativity
Younger generations such as Millennials and generation-Z love to be involved in the various aspects of the business. Enable them to use their creativity and recognize their ideas and initiatives.
12. Empower your employees
Give employees the freedom to make decisions themselves. It is hard to be motivated when your entire job is about what other people tell you to do. Therefore, employee empowerment is important to improve employee motivation.
13. Implement better learning and development programs
Encouraging employee development and learning is a great way to keep your employees motivated. Track their milestones, teach them new skills, recognize their efforts and promote them to higher positions with more responsibility.
14. Address your employees' quality of life
You should care about your employees' quality of life and work-life balance. Highly motivated and engaged employees are often the ones that experience burnout sooner. Do take care of your best-performers!
15. Make sure you understand what motivates them
Not all employees are the same and not the same things motivate all. Some might prefer monetary rewards, whereas some appreciate recognition in the form of nice words or touch.
Original Post: https://www.peoplehum.com/blog/employee-motivation-ideas-and-benefitsPublished On : Sep 29, 2020
By Asheesh Birla, SVP of Product and Corporate Development at Ripple 11 Sep 2020 Today, it seems that every major technology company doubles as a bank. In the past few years, we’ve seen the launch of Apple Card, Facebook’s Libra, Uber Money, Square Cash and Google Pay—all services that promise the most convenient and fastest payment service on the market.Read More
By Anne Corder Carry on working from home if you can – that’s the Government’s advice to the estimated 44 per cent of the UK’s workforce who are currently doing so. and will probably continue into the coming months as we enter summer. While many companies, including thousands which are primarily office based, do not have a date for an official return to the workplace, it is never too early to start thinking about life after lockdown. We’re encouraging Peterborough businesses to start thinking about how life could look once staff start returning to the office.Read More
By Emma Plummer Friday 27 March 2020 Following government advice during these uncertain times, thousands of people are now adopting to remote working as part of their new routine. If you are one of the 1.5 million that had already worked remotely, you may still find that you are experiencing a slightly different version of the routine you are used to. Getting through the working day when you may also be feeling isolated, as well as having children at home to look after and home school, can lead to anxiety about the level of productivity you can achieve.Read More