3 Things to do to double employee loyalty
/I am a firm believer that people are the heartbeat of any business. They are the ones to ensure clients return which leads to increased revenues and profits.
There is a continuous war on talent and as a business it is imperative to see what needs to be in place to ensure the talent within the business is retained.
As the world of work changes, it is not always money that will keep people on board, there are also intrinsic rewards that an employee looks at. An employee who is intrinsically motivated is working for their own satisfaction and may perceive other things than money to be more meaningful.
The following points is some of the basic intrinsic factors important to employees:
1. To feel safe
They want to know they are working in an environment where they can share new ideas without being ridiculed
When they start a new role, they know they will be provided with the resources and tools needed to perform the job
They know what is expected of them
2. Feel they belong
They feel aligned to the business’s mission, vision and values
They feel that they can be trusted and equally important, that they can trust their co-workers
They can see a future for themselves at the company
They have ownership for their work, believed in the approach they take and being given the responsibility to make it work
3. Feel like they matter
Their work is acknowledged and appreciated
They see they can and is making a difference
They feel they have an opportunity to accomplish something of real value—something that matters in the larger scheme of things
They feel that they are on a path that is worth their time and energy, giving them a strong sense of purpose or direction
As the world of work evolves, companies have to adapt. Millennials will look to work for companies where they can collaborate and feel they have a meaningful work environment.
It is becoming imperative that businesses take care of their people first. If your employees see this, they will want to help you make things work. If they believe you want them to succeed, they will reward you by working hard to ensure that you too succeed.
If you require further guidance on the above, then call me on 02032879728 to arrange a discussion.
Visit my website at www.constantiaconsulting.com to complete an Assessment Questionnaire and get a free detailed feedback report on your HR function