Aside from salary and perks, one of the key indicators of job satisfaction is whether or not an employee feels valued in their job. How can your business show your employees they are contributing valued work? Do you know how to improve employee satisfaction?
Small businesses may have fewer HR resources; however, this shouldn’t prevent them from prioritizing staff satisfaction and well-being. There are many reasons why giving your staff more of your time is good business. Happy, contented staff is more productive. Employees that enjoy the workplace culture are willing to work in the office. This is a major win for businesses struggling to get their staff to hybrid work or return to the workplace full-time.
Today businesses are performing a balancing act to retain their elite workers. How can your business keep its staff happy and productive? This business blog article looks at why you need to work on your company culture and how a few simple steps can ensure your business is an attractive place to work.
Look After Your Most Important Asset
What sets your business apart from its competitors? Is it your pricing, your branding, or your website? The truth is, it’s your employees. Their hard work determines whether or not your business is a success. However, rest on your laurels and choose not to give your staff the time and rewards they deserve and they can be your worst enemy. Unproductive and unhelpful staff will turn customers away from your business.
Teamwork is dreamwork
Working as a team celebrating the wins, and working hard to reverse or recover from losses keeps the business culture strong.
When your company is at a high, it’s important to acknowledge fairly that this success wouldn’t have been possible without your employees, so make sure that their efforts are celebrated appropriately. How can you reward your team for company-wide wins? Some of the ways to celebrate valued work include:
- Social events
- Extra Vacation
Employee Turnover Can Be Costly
Employees who are unhappy and discontented in their roles or with your business will soon start looking elsewhere for work.
How will you know you have an unhappy employee?
Regular in-person meetings, and book online meetings if you have remote workers. Leave some time in the meeting to discuss the well-being of your employee. In most meetings, you may not get much input; however, as the time is allocated every time, there will be an occasion where it becomes valuable.
A problem shared is a problem halved. Giving your employees time to share their experiences, both good and bad, empower them to take appropriate action to ensure their contentment in their role and with your company.
Choose a professional development plan for your employees. Include training and personal development. It won’t take long to work out that the expense reduces your staff attrition rate and that it’s cheaper than recruitment.
The cost of hiring new staff is significant for all businesses. Think outside the box when investing in your workforce. How about offering a small shareholding to your elite employees? For example, Ogletree made 11 of its attorneys shareholders, demonstrating how companies can reward their employees effectively for their hard work. While you may not be in a position to offer shares in the business, thinking more about how you can reward employees for creativity could be the answer to retaining them.
While pay and conditions might be two of the bigger incentives to go to work, they’re not the only factors determining employee happiness. Demonstrating that your business values its workers is a good way to motivate your employees.
Taking an interest in their work and their lives and celebrating their successes can make a big difference in how you’re perceived by your employees and customers.
What is the perception of your business? Do you have a DEI policy that promotes equal opportunities and fairness? Treating all staff fairly is a good way to improve your company’s culture and productivity. Plus, diversity will inspire innovation. You want your staff to develop new products, services, and system ideas. When your business promotes equity with promotions and equal pay, the reward is staff just as keen as you are for the business to succeed and grow through innovation and cost efficiencies.
Improves Brand Reputation
Happy employees are good advocates for your business. When they’re talking to directly customers or clients or they are engaging on social media, they are helping people understand your company. Consumers look for reviews and information on brands, and negative comments on social media can spread like wildfire and damage a business’s reputation.
Social media has ensured organizations treat staff fairly. Disenfranchised employees will let slip their unhappiness with their job or company online. If your business has ignored a complaint or treated a worker unfairly when news gets out, it can have disastrous consequences, with customers choosing to shop elsewhere.
Keeping your employees happy so they share their stories will pull customers to your brand. Give your staff reasons to share what makes your brand attractive, including sharing positive content online on topics like:
- Social team and company events
- Company charity work and fundraisers
Employees need to know they are contributing valued work. Businesses have stepped up their role in ensuring staff have what they need to feel content and fulfilled in their roles and integral members of the organization.
Social events are exciting and bring everyone together. A diverse workforce promotes innovation, fairness, and togetherness. A company that promotes charity work and values environmentally friendly workplace practices has a culture that attracts workers and customers.
Plus, looking after employees at work with fresh, healthy snacks and refreshments and providing relaxation rooms rewards people who are happy in their jobs.
Improving the workplace conditions for workers also improves your business’s reputation as a good employer.
Making your employees feel valued should be a vital part of your company culture, so think of ways to start showing your staff what they mean to you to develop a workplace where people feel respected and happy in their roles.