The times of simply punching a clock to put food on the table may be on their way out as employee expectations transform with the younger generations entering the workplace. While the concept of accountability and being present is still an important part of of having a job or career,
employees are looking for far more in a job than just provision.
In turn, it is essential that companies learn and know how to treat employees and realize that a happier workforce will equal a more productive and motivated company as a whole. Employee motivation and engagement must remain, or become, paramount concerns for any company looking to succeed in the Future of Work.
So, what do companies need to know? This infographic provides stats and facts showing how companies can create workplace success through employee satisfaction.
The first quote in the infographic sums up the reason to create a company worth working for: “To win customers – and a bigger share of the marketplace – companies must first win the hearts and minds of their employees.” The more a company cares about its employees, the more employees care about their company – which makes more people concerned about a company’s welfare and bottom line than just the big boss upstairs.
In addition, let’s highlight what will help companies win the hearts and minds of their staff.
Employees want more…so give it to them. Employees want more than a paycheck and are intrinsically motivated in today’s workforce.
- 88 percent want work collaboration over work competition
- 88 percent want work-life integration
- 79 percent want a boss who is accessible and a mentor
- 74 percent want flexible work schedules
- 64 percent want to make the world a better place
It’s a different generation…so treat them differently. This is no longer the Baby Boomer generation workforce who live to work. Generation Y will make up 75 percent of the global workforce by 2025. Generation Y has different work expectations.
Money isn’t everything…but it still is something. Money is no longer the ultimate reward for today’s workforce. Here are the top rewards surveyed by Nelson Motivation Inc.
- A Learning Activity
- Flexible Working Hours
- Verbal Praise
- Increased Authority
- Time With Their Manager
- Time Off From Work
- Public Praise
- Choice of Assignment
- Written Praise
Flexibility is key…so learn to be flexible. From working from home to unlimited holiday allowance (check out Netflix and Virgin policies), flexibility is an important key aspect to today’s workforce.
- 92 percent positive effect on satisfaction
- 85 percent positive effect on engagement
- 84 percent positive effect on motivation
Overall, satisfaction, engagement, and motivation seem to be the key ingredients to creating a happier workforce, but there are also many other ways and finding the right balance for your company and culture is key. Review this great infographic below that shares more tips on how to motivate employees, and to win their hearts and minds.
This article was written by Jen Cohen Crompton from Business2Community and was legally licensed through the NewsCred publisher network.