It’s no secret that the old model of employee treatment is slowly but surely coming to an end. The days of expendable employees are behind us, as companies are beginning to realize that a happy and motivated workforce is key to a successful business. But what many people don’t realize is that employee motivation isn’t a one-and-done type of thing. It’s a continual process, and it’s important to know why you should treat it as such.
1. Boost Employee Engagement
One of the most important reasons to keep your employees motivated is that it boosts employee engagement. Engaged employees are more productive, more innovative, and more likely to stick around your company. Conversely, disengaged employees are more likely to be absenteeism, less productive, and ultimately end up quitting. According to the Incito Consulting Group, implementing insightful and transformational business solutions in your company can help increase employee engagement significantly. Even the simplest jobs have a process to them. Who better to improve that process than the employee who deals with it every day? When your staff is highly engaged, they’re going to be more likely to come up with ways to improve the systems and procedures they work within.
2. Better Work Quality
You can’t exactly strive for excellence if your employees are simply doing the bare minimum of what’s required of them. However, you can’t expect them to do more than that if you don’t give them a reason to. Most people find that having the opportunity for career development within their current position is a major motivating factor at work. If you want your employees to produce excellent work, you need to give them the opportunity to develop their skills and grow within their roles. Additionally, showing your employees that you’re invested in their development will go a long way in terms of boosting morale and motivation. When you show your employees that you care about them, they will show more care and dedication to their work.
3. Improved Employee Retention
If you want to keep your best employees, you need to give them a reason to stay. One of the common reasons why people leave their jobs is because of their direct manager. In order to keep your top talent from fleeing for greener pastures, you need to make sure you’re maintaining a good relationship with them. This means regular check-ins, showing appreciation for their work, and being understanding when things don’t go as planned. Additionally, you should give your employees the opportunity to provide feedback on their job and how they think things could be improved. Not only will this help you catch potential problems early on, but it will also show your employees that you value their opinions and are always working to improve the company. When you have high retention rates, you can focus on developing your business further rather than constantly training new employees.
4. Enhanced Productivity Levels
A major reason why it’s important to keep your employees motivated is that it leads to enhanced productivity levels. When your employees are engaged and enthusiastic about their work, they’re going to be more productive as well. As already mentioned, they will be more likely to suggest improvements to the way things are done and will put more effort into their work. Not only does that mean that the quality of their work will improve, but the quantity will as well. Additionally, when your employees feel like they’re part of a team and are working towards common goals, they will be more likely to go the extra mile to help out their colleagues. This increased sense of teamwork will also lead to higher productivity levels. Happy employees tend to take fewer sick days, which means there will be less of a need for replacements or overtime. All of this leads to a more efficient and productive workplace.
5. Increased Profits
When talking about which direction to take your business in, you always have to look at the numbers, and how your bottom line will be affected. While it’s true that in order to keep your employees consistently motivated, you need to make some upfront investments – both in terms of finance and time – the long-term benefits will more than makeup for it. Motivated employees lead to increased profits in a number of ways. First of all, as mentioned before, they tend to be more productive, which leads to increased output. Additionally, motivated employees are more likely to stay with the company for longer periods of time. This reduces training costs and the need to constantly hire new staff. Finally, when your employees are happy and motivated, they tend to be more creative and come up with new ideas that can help the business grow.
As you can see, there are a number of reasons why it’s important to keep your employees motivated. Not only is it the right thing to do, but it also makes good business sense. When your employees are happy and engaged, they’re more productive, which leads to increased profits.