Highly engaged employees were found to be 26 percent more
productive than their disengaged peers. How
does this affect the bottom line for companies? One study found an increase in
total returns of 13 percent. Increasingly
employees are looking for value and meaningful recognition that has no price
tag.
So what exactly is motivating employee productivity? Recognition, Opportunity and Relationships.
Recognition:
Positive feedback is instant recognition you can give to an employee that will
give them a sense of pride. How does
this help productivity? Your employee knows that you appreciate their
efforts. According to the USNews.com
article, How
to Give Positive Feedback at Work, identify how your employee’s efforts
made a positive impact on the team and the organization. One study suggests that recognizing
employee’s strengths encourages their team to thrive.
Opportunity:
Giving employees the opportunity to use the skills they have helps them develop
and take their skills to the next level.
Encouraging a lifelong learning culture can take your company a long
way. According to the smallbusiness.chron.com
article, Effects
of Training on Employee Performance, training enhances morale on the job
and can even increase employee loyalty—two important motivators of
productivity.
Relationships: Leadership
is not always easy. Engaging employees
can be a challenge. The key is finding
ways to inspire your employees.
Communication has been and always will be a major component of all
relationships from top level management to individual team members. Open, honest communication must be a priority
in business. Once you have your
communication down, how do you get your team to adopt your goals? According to the study, Management
Leadership and Productivity Improvement Programs, management needs to focus
on goals that matter. Management support
for Education and Training, Empowerment, and Reward Systems can be used to
motivate employees and employees who feel that their leadership cares are more
productive.