How Companies Can Motivate Employees and Keep Them Fulfilled
There are many things that go into the success of a company. It requires strong leadership, an innovative product, customer service priorities, and a strong employee base. In order to maintain employees who are valuable assets, management needs to treat them like that’s what they are. The best employees feel taken care of. They feel like they are a part of their company, the people they work with, and the people they serve. They feel challenged and fulfilled creatively. Their successes and attempts at greatness are always recognized.
A motivated and fulfilled employee is an asset that can’t be duplicated. In order to attract and keep this employee, a company must put in the work and set a precedent that the happiness of their employees matters to them as much as their success.
The Importance of Benefits
Offering employee benefits not only keeps your employees happy and healthy. It also sets a precedence that you care about their well-being outside of the office. Though certain businesses are required by law to offer certain benefits, many benefits are perks that show that a company cares and allows them to be more competitive among similar businesses when recruiting. Things like workers’ compensation insurance, which covers things like accident and injury, among other workers’ comp expenses, is required of any employer with at least one employee. Other required benefits include health insurance (for companies with 50 or more full-time employees), medical leave, unemployment, and social security.
Though many of these are required, it’s still possible for employers to find ways of getting out of paying for certain benefits. This won’t do anything to help employees feel motivated or fulfilled in their position with your company. Though there is a cost savings to not offering benefits, there is a loss involved with unengaged and less productive employees. Many companies go above and beyond by including extra benefits to show that their employees are valued. Those include child care subsidies, professional development programs, etc., that help employees feel valued. Though many of these perks are still taxable, some of them, like a small gift card or monetary award less than $100, are exempt. These small fringe benefits help employees feel valued.
Creating a Culture of Community
People spend about one-third of their lives at work. For this reason, a person’s job can make a huge impact on quality of life. Motivating employees can do wonders for what they can accomplish. Creating a culture that focuses on community is another way to help employees feel like their company cares about them for more than just their role at work and their performance numbers. Promoting a healthy work-life balance is one aspect of this sense of community. Practice transparency and really mean it, even when it’s hard to do so. This will encourage open and honest communication for all employees.
Foster teamwork and teambuilding in order to create a community among your employees where they each care for each other as well as having their company care for each of them. You can work hard to develop good leaders who can help spread this message among teams. Employees are motivated to do well for leaders they trust and respect. They feel happy and fulfilled when working with a team they can be candid and open with.
Valuing Innovation and Creativity
Innovation and creativity are paramount for the success of any business. Not only that, but they are also paramount for the motivation and fulfillment of many employees. Encouraging employees to think outside of the box, offer solutions to problems, and tap into their creativity can help them feel a fulfillment that will motivate them as employees. In order to do this, you must create a workplace that is a collaborative environment. You must encourage and accept employee suggestions, input, and criticism. You must make them feel safe in their failures as well as their successes in the quest for innovative changes and creative attempts.
There are a lot of ways to foster an innovative and creative mindset in your business. For one, competition can create a need for both in terms of staying competitive in your market. Encourage employees to learn from your competition, work to be better, and always aim to gain upward momentum. Employees will learn not to be complacent in their duties if you’re always pushing them to do something new and fresh that the competition hasn’t done yet.
Celebrating Success and Acknowledging Risk
There’s so much that goes into having a successful employee who works hard, wants to move up and sets themselves above the rest. This type of employee is created by nurturing their talent, giving them the tools to succeed, and praising them for doing well. It’s hard for an employee to feel fulfilled and motivated in working hard when that hard work goes unnoticed. It’s also important to remember the differences in each employee’s duties and that there are probably no clear performance metrics for each employee. Acknowledging those differences is important as well.
Sometimes, doing something great involves a bit of risk. Innovation and creativity tend to sprout through a lot of trial and error. It’s important to acknowledge this in your employee base. High risk usually means high reward — but only if the risk pays off. However, being punished or going unnoticed through those risky decisions will create a cautious employee who is happier and safer being complacent and doing the bare minimum.
Helping employees feel fulfilled and motivated in their positions is easier said than done. It’s not an easy task. Many companies fail at this over and over again. And too many companies don’t value this enough to be a priority. However, your employee base is where your value lies. These people do the work and keep a company running smoothly. Without their hard work, skills, and innovation, a company’s success is in trouble. In order to attract and keep the employees who will keep a business successful, your company must offer benefits, create a workplace culture that values its community and encourages creativity, and acknowledge their successes as well as the risks they take.