According to several reports, employee engagement is on the rise considerably, and it’s great news for all kinds of business firms. The single-largest positive impact on an employee’s level of engagement is the recognition they receive for their contributions, beyond regular pay and benefits. Rewards and promotions are highly important in ensuring non-monetary rewards.
To make your business successful, employee engagement is a major contributor to the same. It is essential to sustain employee engagement by implementing some surefire moves from cost-effective employee recognition programs. Power2Motivate is one such program that can provide helpful solutions for employee engagement in the form of rewards and recognition too.
Here is the positive impact on companies owing to efficient employee engagement: –
- Decreases unnecessary expenditure
- Boosts productivity enormously
- Improves profitability
- Reduces shrinkage or damage in property
- Improves work efficiency
- Decreases absenteeism and shirking of work
Here’s what you can do to improve employee engagement: –
Recognize achievements regularly
Recognition is key to business success and employee engagement. It is the base with which employees feel that their hard work never goes unnoticed and instead their employers keep an eye out on their performance and go out of the way to appreciate their work. You can recognize and appreciate your employee by simply congratulating them for reaching their goals or reward them with lunch as a thank you for their good work.
Create employee-led committees
Employers should seek to turn every employee into independent leaders as they are the future of your business. This is possible only if we improve employee engagement in our workplaces. Employee-led Committees are ideal to encourage and show employees that you value their views and make them involved in decision making for your company. Implementing employee committees can produce great ideas, boosted engagement and strengthen teamwork.
Host social events on a periodic basis
Hosting social events improves the relationship between employees and leaders and it can also be a platform to appreciate the hard work of your employees with some rewards. Planning different activity each time when you have an event will keep employees on their toes and make them get engaged in company activities. Events at regular intervals give your employees a chance to socialize and have some fun once in a while.
Ask employees for feedback genuinely
Every now and then you should take feedback and suggestions from your employees since it will boost your businesses. It will not only sustain your engagement with them but eventually, you can gauge how your employees feel on improving shortcomings. You can consider having bi-annual, semi-annual, or quarterly surveys and reviews to get some honest feedback from your employees.
Providing thorough training
Before embarking on building employee engagement, you need to provide them with thorough knowledge and training to make them aware of the ins and outs of your business. If you provide your employee with ample training on how to get along with coworkers then it lays the foundation for employee engagement.
Giving individual attention
Paying attention to your employees is critical in all aspects of the business. It is a prominent way to engage an employee in your business. Attention requires to watch their performance, provide them with right resources and applaud them for their individual achievements. Keeping a chart on performance reviews will make it easy for you to check where each employee stands and motivate them to get engaged in the future.
So if you are looking for some high growth in your firms and considering help for employee engagement, then it is important to rely on reward and recognition programs offering cost-effective ideas and rewards all the time. Additionally, get going on the afore-mentioned tips too.