November 12, 2017
Keeping Your Business Employees Happy
When budgets are tight, it can be hard to justify gains as rewards for high-performing business employees. However, if somebody enjoys their work, takes pride in doing it well, and feels appreciated, there are quite a few other ways besides a larger paycheck to show your appreciation for a job well done.
Studies have shown that workers with high job satisfaction are generally more productive, engaged and loyal to their businesses. Hiring supervisors, HR specialists and business leaders weighed in on the most effective methods to keep workers satisfied when salary is not the driving factor.
Feedback and the capacity to understand employee concerns is important, but it is what you do after that is essential to retention. You should remain transparent by sharing what you have learned and a plan of action for addressing the matter. By way of instance, after a new company wide participation survey, we opted to discuss our results with all employees. We not only communicated with our high regions of achievement but also our areas for improvement and how we intended to tackle them moving forward.
Offer more vacation time
Reward your greatest performers with incremental holiday days. These workers are your superstars so that you can be confident that they will get their work done in addition to enjoy a few additional days of well deserved off time with friends and family.
Encourage communication in common areas
Businesses should take steps to create spaces where workers can easily communicate and share ideas. Casual conversations in the rest room can get collaborative conversations. Make it inviting and effective, with nice furniture, tables, and beverages and snacks, if at all possible.
Create a career pathway
It is crucial for companies to have regular career planning discussions with their workers. As part of development and training, make sure employees understand the various kinds of career paths or job opportunities throughout the company.
Build employees up
If you are looking to keep a worker by providing him/her a raise, it is already too late. Find people who share the operational values of your company from the beginning, test for match early, and permit growth opportunities to express that value.
Promote a positive work environment
Happy employees make for a joyful company. Within the office, we will publicly acknowledge accomplishments, provide a group lunch at a fresh food store, book a prime parking space, or change a name. We will also help employees to grow and grow, whether or not on new desirable responsibilities or challenges, taking classes to learn new skills, or furthering knowledge of the business by traveling on company business trips.
Always say ‘thank you’
Having a positive culture and workplace environment helps a lot, as it promotes communication and teamwork, which increases participation and opportunities for teammates to learn from one another. Doing periodic “shout outs” to people at all levels of the business for good work or superior work. These kudos price nothing but provide significant public recognition for work well done, effectively compensating individuals in the shape of social currency that’s highly valued.
Offer benefits beyond the fundamentals
There are many ways to supplement wages by helping employees in other regions of their lives. You can offer an excess amount of life insurance or disability insurance for workers to secure their incomes. Other ancillary benefits, such as dental, optical [and] health, are all well received by workers. And gym memberships and transit benefits are terrific perks to keep workers happy and healthy. Perhaps take your business employees out for an all day breakfast. Sometimes it can be necessary to provide higher benefits so that your workers know that you truly care about them and their families.