Build a Satisfied Workforce by Compensating Them In More Than One Way
Without the hard work and determination of your employees, your business will not make significant strides. Employees are your greatest assets, and as an employer, it’s your responsibility to provide for them physically, financially, emotionally or in any other meaningful way.
The key to build a successful business is to make sure that your employees are satisfied and motivated. Doing so will ensure:
- Retention of talented employees
- Build a strong foundation for your organisation’s future.
Coming to the office every day shouldn’t be boring and unhappy for your employees. As an employer, you must take steps to keep your workforce satisfied and motivated so that your organisation can move forward.
Here are a few important tips that will help build a satisfied workforce in your organisation:
Increase Employer-Employee Communication
One of the best ways to increase the satisfaction of your workforce is by communicating with them regularly. One of the main advantages of communicating with your employees will make them comfortable with you (team leader, manager) and they can share their problems more effectively. You as a head can ask your employees several questions like-
- What are the challenges you are facing, and how can I can help you?
- How is energy in the team?
- How do you feel about the work environment?
These types of personal questions might help you as an employer to know more about your employee’s morale.
Listen to Your Employees
Listen to your employees, but that does not mean you have to blindly agree with them on every topic. Listening is all about acknowledging the concerns or opinions of the workforce and finally, taking appropriate actions. By doing this, you let them know that their voice does have power in the organisation and improve their motivation.
Encourage Fitness-Related Activities
Increasing fitness-related activities is a great way to encourage the well-being of your employees. It will also provide satisfaction to your employees as these activities will make them more healthy and who doesn’t want to be healthy? Here are some actions you can do to promote a healthy working environment in your organisation-
- You must have heard the phrase – “Sitting is the new smoking”. Instead of having long meetings in conference rooms, encourage walking meetings. It will not only fast forward your meetings, but your employees will also get into little exercise.
- Organise sports events regularly and create a sports team of employee and fund them appropriately.
- Provide your employees with gym membership as incentives or gifts.
Giving your employees greater control, autonomy and their me-time within the workplace is paramount. The popularity of work-life balance is rising, particularly among the millennial generation. The key steps you can take to be flexible as a firm:
- The option for telecommuting according to individual needs
- Empowering employees with flexible work schedules
Support middle management in achieving a balance between handling your teams and stepping over into the territory of micro-management. Micro-management has always been part of the debate between CEOs and managers. Evidence shows micromanagers who persistently make all the decisions, are unable to delegate and immerse themselves in overseeing the projects of others which result in employee’s low morale, disengagement, lack of innovation and ultimately, high staff turn-over.
Provide Employee Benefits
Providing employees with meaningful benefits is an indicator that you care and appreciate your employees. A powerful example to show your employee that you understand them is to cover them under Worker Liability Insurance.
Worker Liability Insurance will provide legal liability coverage for compensation to your employees in case of bodily injuries or death caused due to accidents in the course of employment.
Buying Workmen’s Liability insurance is a crucial step by which an employer can work towards providing a secure workplace to their employees while adhering to the obligations levied by the worker’s liability statutes.
We at SecureNow help you compare worker liability insurance of various companies so that you can choose the one that suits you the best.
Keep Them Happy, Keep Them Engaged
By adopting the points mentioned above, you can provide your employees with the motivation they need to stay committed to your organisation’s goals. Remember that a satisfied and stress-free workforce can weather any business conditions or economic storm!