21st century is an era of intense competition where every business is in a race to remain ahead of the competitors. There are several factors which must be considered critical to have a happy and healthy bottom line. While brands are investing in technology to find faster growth and to remain profitable, another critical thing to do is to invest in your employees. Research has highlighted the importance of investing in your employees and managers. Brands must note how important employee management is and how they add value to the organization through their work. Lower employee morale means low productivity. The brands that have understood its value have gotten ahead faster. However, the businesses that do not value their Human Resources hit productivity barriers.
Businesses that want to eliminate performance bottlenecks must focus on employee motivation to ensure that their employees remain satisfied and do not feel overstressed. Work pressure in the 21st century is higher. The reason is that the level of competition has also increased with increased competition and the race for being technologically ahead. However, what happens in most cases is that the businesses fail to manage their employees in a proper manner. The result is that employees start feeling stressed and bored. Stress and boredom are both killers of productivity. When you do not focus on these things you end up creating a smoke hole instead of a temple that the office must be. Don’t let stress accumulate inside your office because it can ruin the environment. When stress accumulates, people start feeling tense and then conflicts and differences start affecting productivity.
If employee morale is low, attrition rate and HR costs go high. This relationship should be understood by managers to keep employees filled with energy and going. Managers instead make the mistake of using employees and then letting them remain stressed. Things can change if managers take care of their subordinates and do not let work pressure and stress reach dangerous levels inside the office. Otherwise, it would become difficult to dispose of the toxicity building there. All these factors point in just one direction and that direction is employee motivation for higher productivity and the creation of a high energy environment.
A high energy and high performance environment is not possible without investing in employee happiness. Employee morale can be kept high and apart from financial investment, there are other things managers can do to keep their employees happy. Financial incentives are good for motivating employees and keeping them satisfied but equally important are recognition and goodwill. An environment of goodwill and collaboration also keeps employees motivated. Teamwork brings strength and makes people feel valued and accepted. This helps employees remain at the peak of energy and performance becomes easier. Technology industry has become highly competitive and the result is that pressure can become too high inside such organizations. Big brands are investing in their employees. Google, Salesforce, and similar more brands are recognized for creating trust and for investing in their employees. These brands have been able to build loyalty and bring good results through their investment in employee happiness. Microsoft and Amazon have been known for their performance oriented environments. However, these businesses have also started focusing at employee motivation and using methods that can reduce pressure upon the employees.
Managers can use a variety of techniques for employee motivation. The easiest one is to build trust. By building trust you make your employees feel valued. Trust is an essential factor in employer-employee relationship and helps create a culture and environment of trust and collaboration. Another thing that managers can do is to create an environment of teamwork. When you allow your people to collaborate and bond freely, the happiness index inside your office rises. If you are only interested in keeping your people bound by their chairs you will end up making them lose their shine. If you make them work hard, let them party harder. Salary and incentives are good for motivating employees. What is even good is to engage them. This is also the ethical thing to do. By being ethical you increase their reliance upon you. If your employees are having fun, you are a reliable employer. Work can be fun so do not try to make work a burden. Allow them flexibility, let them socialize and create a work environment where everyone is included. If you want your best ones to stay with you for longer you must keep them engaged. There are a thousand things you can do without converting your workplace into a party spot. You can provide your staff flexibility, and if finances allow, you can allow them insurance and other benefits. However, using engagement programs like workplace parties, get-togethers, speaking with the leaders; you can keep them happier. At Google, they speak with their leaders once every week. It makes them feel like friends and included. If you are friends with your employees, they are friends with you for longer. Remember before stretching a bond too far. It will grow too thin and break. The bonds once broken can be difficult to rebuild. So, keep your employees happy and see the effects on your bottom line. You will yourself feel motivated to do more for them.