23 Jul How To Lead A Happier Workplace
One of the key factors that surprisingly many employers can tend to overlook is keeping a motivated workforce, because not only with it lead to higher productivity but it also makes your organization an environment your employees are happy to be in yielding harder more loyal workers.
In fact, studies have shown that there is a direct correlation between the happiness of employees and your bottom-line, producing more sales and outperforming your competitors by up-to 20%, it certainly gives you something to think about.
There’s a reason why companies like Google have crazy offices, free food and nap pods, it’s not about flash it’s genuinely all conducive to better work. The reality is most of us don’t have crazy budgets like the fortune 500 companies to test out these theories or experiment with even if we would like to, but that doesn’t mean to say there aren’t still plenty of ways you can implement change that is still cost effective if not free.
Give recognition and praise consistently
When a person feels undervalued or not appreciated it not only reflects in their work but also makes them more likely to leave their jobs. Incentivize and acknowledge achievements, it could be as simple as offering an award for the highest earning seller of the week.
If you can see that someone is using their initiative or going above and beyond the call of duty, let them know you value their efforts by dropping them an unexpected email; a little really can go a long way.
Offer additional perks
You would think that a pay rise would be the best way to make an employee happier but it’s not the case, studies have shown that many employees respond even better to unique perks over an improved salary, these could include:
- Increasing holidays
- Gym membership and wellness programs
- Employee discounts
- Healthcare and medical insurance
- Flexible hours or work from home options
- Childcare assistance
Host regular events or outings
Your work colleagues are in a sense an extended part of your family, organizing events where they can connect on a more personal level develops more meaningful relationships and a bond. Ideas include a trivia night, happy hour, sports tournaments and team building exercises.
It’s a common misconception that the boss has to be feared to get respect and that’s just not the case, you want your employees to be able to come to you for absolutely anything.
Maybe they’ve got a suggestion on how to improve efficiency or would like to discuss some of the current methods being used that aren’t working well. There needs to be an open line of communication, as they know your business and your customers probably even better than you do; so you want them to know that you’re open minded, approachable and will take on board what they have to say.
That’s all there is to it, make the decision and active effort to keep your workforce happy and in return, you will benefit in countless ways, that’ll make the effort or additional expenses here and there more than worth your while!