What does it take to make your employees work for you with complete dedication and also be happy at the same time?
Many employers would answer this by handing out a handsome paycheck to their employees every month. It’s a useful measure only to a certain extent, but in the long run, it tends to fall out. In today’s generation, money isn’t the only thing that keeps your employees motivated. They now crave appreciation for their work, and the joy that comes with it is incomparable in every sense. And this is where the concept of employee engagement came in.
For those who are new to the term “Employee Engagement,” it is the practice of keeping the workforce engaged and motivated by incorporating various measures like employee rewards and recognition, workplace wellness, perks, and benefits, etc.
Many companies around the world have now begun to emphasize their workplace engagement measures because of the many benefits it brings along.
Here I’ll be telling you about a few of these benefits, which would make you rethink why you should start preaching employee engagement in your organization.
The 7 Core Benefits of Employee Engagement
1. Motivates Employees to Work Harder
Having a hard-working workforce is the foremost desire of every employer. To harness the true potential of employees, employers undertake various measures. But, in most cases, these measures burn a lot of cash and fade away in the long run.
Here the most effective way to motivate your employees to work harder is by acknowledging their efforts and making them realize how important they are for your organization. Employees like it when they know their work is making a difference and give their best every time they do something.
Therefore, by introducing employee recognition, which is the backbone of every workplace engagement program, you can be sure about a healthy and motivated workforce.
2. Enhanced Company Culture
The success of an organization depends a lot on its company culture as well. Creating a healthy company culture is only possible when employees feel happy and satisfied. It is then only that they would develop the sense of contributing towards the greater good of their organization. Thus, boosting their will to work as a team and enhance the overall company culture.
3. Improves Employee Retention
Employees may leave their organizations for many reasons, but out of all, the most major one is the lack of appreciation. Employees lose their interest in work when their efforts go unnoticed. Also, they no longer feel engaged when there aren’t enough opportunities for professional growth and development.
Employee engagement programs are specially designed to tackle these issues. It helps you create an environment where there’s ample opportunity for all to show their mettle, and they feel valued. When employees find such an environment, they hardly think of heading out for a change.
4. Positively Impacts your Customers
“Clients do not come first. Employees come first. If you take care of your employees, they will take care of the clients.” – Sir Richard Branson
Employees act as the bridge between an organization and its clients. They are the ones who are at the frontline and are responsible for giving your customers the best experience. But this will only happen when your employees feel engaged in their jobs. Thus, workplace engagement initiatives like rewarding your workers for good behavior or other achievements would keep their morale high. And this, in turn, would reflect in their positive attitude that is highly needed to ensure a customer experience.
5. Boosts Revenue
Companies with highly engaged employees generate 2.5x more revenue compared to the ones with less or no engagement at all. Employees don’t hesitate to scale up their game when they feel appreciated and engaged. They can produce better results with minimal efforts, which indeed drives a healthy growth in revenue.
6. Brings Down Employee Absenteeism
Employee absenteeism is a major issue faced by employers around the globe. Though absences related to personal or health reasons can be often overlooked, an employee making frequent absences could be a sign of disengagement.
However, this issue can be easily mitigated by embracing an employee engagement program with importance on workplace wellness. Doing this will motivate your employees to stay fit and engage themselves wholly in their job.
7. Better Workplace Relationship
Employee engagement initiatives are a great way to bolster the employer-employee relationship. Employees feel confident when their employers go the extra mile to ensure a better work environment for them. It not only uplifts their trust but also earns you their loyalty and the will to take their organization ahead.
I hope you are now convinced how employee engagement can help you achieve your business goals and to execute it perfectly download our free guide.
Free Resource: A Complete Guide to Decoding and Driving Employee Engagement