Employee morale is an essential factor that can distinguish a company's success or failure. In practice, it directly indicates how engaged or involved an employee or workforce is toward their job and organization.
Employee engagement is the level of commitment and dedication a worker gives to do the work without feeling too vulnerable. This is where traits such as the zeal to work, team player, passion, interest, confidence, enthusiasm, and, most of all, an employee's morale come into the picture.
The higher the morale, the higher the productivity, and the higher the profit [by at least 21%.] Whereas a lack of morale can cost millions of dollars, the US economy lost around $450-500 billion every year solely due to employee disengagement.
It does not just affect the bottom line, proper employee engagement can also help you retain employees, thus keeping talent and maintaining reputation is brand value. In fact, 37% of professional HRs and C-suite leaders consider employee engagement as one of the top areas of concern when discussing the relationship between an organization and its employees.
Without proper motivation, it's hard to keep your team going while expecting the best results. High performance requires high employee engagement. Let's take a deep dive into what it takes to give your team what they want.
A positive work environment that promotes proper work-life integration is crucial if you want to get the most out of your employees. Nobody wants to work in an environment that is too rigid or strict.
As an employer, you should always find ways to support flexibility in working hours and office timings, especially when you know it will not hamper the work at hand. Letting employees work remotely or offering a hybrid model is a great way of meeting your targets while allowing them a free pass when needed.
Remember, giving your employees the freedom to work [although with deadlines in mind] naturally increases the efficiency and quality of their output.
Communication is the best way to solve any disputes or challenges your employees might have faced in the workplace. But communication offers even more benefits.
A transparent and honest dialogue can also help you set your employees' goals and expectations. There are many ways to do so- from one-on-one meetings or targeted communications to remote interactions over the internet. The point is to be able to connect with your employees on an individual basis at frequent intervals.
The next important step in building employee engagement is recognizing talent and awarding your team for their contribution, which is the number one motivator for 37% of employees. This gives them ample opportunities to grow individually in their career—while encouraging everyone to reach their full potential.
But employee recognition is not limited to celebrating or giving goodies to your top performers. You can apply the same concept in several ways, from welcoming new inductees to celebrating birthdays, anniversaries, and special occasions. The goal is to create a feel-good experience for all your employees so they'd want to stay and perform even better. Creating videos is an easy way of employee recognition to show you appreciate your employees.
Superficial or materialistic means of success, such as money, fame, and position, can only last for so long. They may intrigue employees for a while, but not in the long term.
True motivation comes from within. Not from external factors such as greed or expectation of a reward but purely natural and entirely for self-gratification. Intrinsically motivated employees are driven by their passion and zeal for their work. These people love their job and do not need much supervision to meet their targets.
And that's precisely what you should be doing by taking the initiative and understanding what motivates your employees in the first place, something you can easily do by communicating and interacting with them often.
Being a team player is often a sign of engagement and involvement in the work. As an employer, manager, or HR executive, it's your responsibility to promote team-building exercises and activities among employees in the workplace.
This promotes team collaboration and opens channels of communication for peers and newcomers by making them feel comfortable. It also helps them develop creative ideas and unique solutions to ongoing problems.
Employee feedback is another critical aspect of employee engagement that shows how interested or keen your employees are. So always be open to their feedback, as it will only increase their trust, confidence, and respect for you as their employer.