By Poyen Ramos on January 1, 2016
Every boss knows that a good employee is hard to find, and even harder to keep. High attrition rates happen in a company because they weren't able to meet the real needs of their employees, and we're not just talking about the paycheck and benefits.
Employee satisfaction is an essential aspect in what keeps a company going, in fact, happy employees are the ultimate secret weapon to achieving company success. When you value their overall well-being, you get more out of them even if it's beyond their duties. They become more productive, more engaged, and most importantly, they become loyal, and will stick with you even in times of crisis.
So how do you make happy workers? Here are just 3 we think are vital ways in achieving so. Check out the video at the bottom of the post to know more about how to make your employees happy.
Freedom and flexibility
In today's workforce comprises of young people, and a lot of them say that having a flexible work schedule increases their happiness and minimizes burnout. And when you have happy employees, they tend to become more productive in their jobs, which means higher revenue for your business.
With the idea of having the freedom of When, Where, and How they work gives them the ability to blend work and personal life together—an important aspect of having work-life balance especially with millennials. The underlying force behind this, however, is having to trust your employees to get the job done in the time frame they need to finish it, whether or not it's in the traditional 9 to 5 working hours, in the office or outside.
You may not notice this now, but by allowing your employees to have flexible schedules, your company would reap the benefits that come from adopting this practice.
Give credit where credit is due
It's really not that hard to show appreciation to your employees for a job well done, even if it's as small as helping you out with locating an important file in your drive, or as big as successfully getting a client to sign the deal. It's important for them to know you notice their achievements, and not just their failures. But if ever mistakes do happen (because we're just human after all), try not to reprimand them. Instead, talk to the person in private, teach them the right way, and offer encouragement and further teaching when needed.
As an employer, you have the opportunity to make a difference to your employees' lives. Use it to your advantage. Ask them how their family is, how their weekend went, or challenges their currently facing. By being interested in their lives, you will not only make them feel appreciated, you will also make them feel like you've got their back.
Encourage training for career growth
We humans naturally want to progress in life, for no other reason than to further in our careers. Your employees want the same, especially if they're the kind of workers who are hungry for knowledge. Offer free training programs and educational opportunities so they can grow and improve not just in their careers, but in life in general.
When you empower your employees with the right knowledge and skills, you keep them up to date with the changing times. Ensuring that they have an opportunity to learn a new skill or brush up on an old skill will benefit your company by a mile—low employee turnover, more skilled staff, better ideas, more collaborations. Not only that, you'll make them feel valued because you're investing in them.
Source: SAP SuccessFactors