Employee engagement and productivity affects your bottom line, and if you aren’t actively employing strategies to boost morale, you can’t expect employees to be their productive selves.
Luckily, you don’t have to give your employees a raise to buy their job satisfaction. You can earn it by providing an ideal work environment that appeals to and suits their interests and goals. Here are four ways you can make a big difference in boosting employee productivity and job satisfaction:
1. Invest in Your Employees’ Careers
Employees aren’t just looking for high pay, but also to build their careers. Showing you care about their long-term goals beyond your company’s immediate goals helps you retain high achievers. For example, offer free tuition for higher education courses and you’ll attract motivated, hard-working employees. You’ll retain them throughout their education and beyond by helping employees with their education and resume building. When you think about your employees this way, you’re thinking of them as people and not just workers.
When you align the job with your employees’ own career goals, you make them feel their job is worthwhile. You’ll earn their loyalty when you take time out regularly to speak to each employee about how he or she can advance their career by working at the company.
2. Add Your Highest Achievers to a President’s Club
Create a president’s club as an incentive that will start motivating all of your employees to work harder and achieve higher. Once an employee has reached a certain sales quota in a given period, as per the president’s club program policy you choose to create, they get to join the club.
The club offers regular rewards and benefits members enjoy mainly outside of work. They may get catered lunch or some sort of at-work reward, or you could limit their rewards to outside the office. Rewards should include things that add excitement and provide new experiences for employees, such as Alaska cruise vacations. However, members must continually reach qualifying quotas to stay members of the club.
3. Provide Remote Opportunities
Working remotely can actually increase productivity and job satisfaction among your employees. Remote workers are shown to take fewer long breaks and less sick leave when compared to employees working in offices. Providing remote opportunities shows you respect and trust your employees. Doing this and giving them more freedom can motivate employees to demonstrate their high performance from afar.
4. Give Them Memorable Experiences
For achieving certain measured goals, let your employees earn concert tickets, game tickets, dinner, or even a paid-for weekend vacation. Use this reward for a goal that multiple employees can achieve, so that you can have the group of winners go on the experience for a team bonding experience. Put these rewards on display inside the office, such as in the employee lounge, so that employees know about the rewards they can earn for attaining certain performance metrics or goals.
Rewarding Your Employees the Right Way
Employees aren’t just looking for a higher salary from their job, but also a high-quality learning environment that enriches their career and makes them feel respected and well-trusted. Employees who know their employer cares about their long-term goals go a long way in boosting productivity and performance.