Employee Engagement
Simply, the employee engagement can be described as a high level of
employee involvement, commitment to the organization and job satisfaction.
Since employee engagement is a key to the success of an organization, most
employers exercise different tactics in motivation of the employees to boost
their engagement at work.
Happy employees are much more likely to be productive members of
the team who will look forward to stepping through the doors of an organization
each morning. Implementing employee benefits is a one of the excellent way of
improving engagement, as they are crucial to ensuring your employees are happy
and focused in their work.
How else do benefits fit
into employee engagement?
· Benefits
put people at the heart of what you do.
By implementing employee benefits, you’re putting people at the
heart of your company. This shows your employees that, as an employer, you care
about them and value their achievements and progression. After all, your
company would be nowhere without its people.
Employees will understand that their employers are empathetic and
are here for them through benefits such as an Employee Assistance Programs.
Employees will feel motivated to do their best as they will be satisfied and
comfortable in their role. As well as this, employees are more likely to
support company goals, as they will feel a sense of belonging to their
workplace’s team. This because valuing your employees through benefits will
ensure employees feel connected and an important part of the organization they
work for.
· Benefits
look after your employees’ well-being.
Employee well being is an integral part to their engagement in the
workplace, as benefits such as Health Cash Plans and Hospital Treatment
Insurance can help to alleviate stress and financial burden caused by ill
health. This will ensure employees are less distracted and less likely to spend
extended amounts of time off work.
Cycle to Work Schemes are another great way to look after your
employees’ well being, through enabling them to enjoy more physical exercise at
a reduced cost all whilst saving on National Insurance. Regular exercise can
supercharge productivity for those who may be less active, and through
implementing these benefits, employees can come to work feeling refreshed,
engaged, and ready to tackle the day ahead.
· Benefits
are an important investment.
It will come as no surprise that disengaged employees will be more
likely to be absent from work. By investing in employee benefits, employers can
boost employee engagement and in turn reduce the amount of lost time incurred
by extended absence and sickness.
As well as reducing the cost of absence in the workplace, employee
benefits are a great investment that can improve staff retention. This is far
more cost-effective than increasing budget for recruitment, as benefits will
help you ensure the best talent stays on your side. Employees who feel valued
and important will be far less likely to go elsewhere, because who would want
to leave such a caring workforce?
· Improving lives.
Employee benefits tie into employee engagement by looking out for
your people, ensuring their growth and encouraging progression within your
company. By improving employee engagement, you improve lives, and encourage
positive experiences within the workplace that reflect back to you as the
employer, generating the perfect environment for success.
References
Scott, D., McMullen, T., Royal, M., Stark, M., (2010). The Impact
of Rewards Programs on Employee Engagement. Available at:
https://www.worldatwork.org/docs/research-and-surveys/survey-brief-the-impact-of-rewards-programs-on-employee-engagement.pdf.
Dear Friend,
ReplyDeleteHow can Rewards improve the employee engagement?
Malinda, I think recognizing and rewarding staff through other avenues is often a far more effective solution. A rewards system, personal thank you, or internal announcement on your intranet strikes a personal chord that makes employees feel valued. In turn, this will improve employee engagement and happiness.
DeleteIn the current world which kind of reward employees expect..?
ReplyDeleteBonuses -
DeleteThere are many types of bonuses, ranging from small to large.
Small bonuses, sometimes called spot bonuses because they’re given “on the spot,” are small monetary rewards given frequently by one colleague to another in recognition of a valuable contribution. Although small bonuses can be given by managers to their direct reports, they can also be given by other colleagues, and even from a direct report to a manager.
Small bonuses provide several unique benefits. Like spot bonuses, staff recognition in the form of bonuses can be given in the very moment that a valuable contribution is made by an employee. Employee recognition given in the moment has the greatest potential for impact, because the action is rewarded almost immediately, when it’s top-of-mind.
Because these bonuses are small by nature, everyone can give them out often, providing multiple positive instances of employee recognition without dramatically altering an employee's compensation.
Their on-the-spot nature dictates that spot bonuses are given at an irregular cadence, in contrast to annual and quarterly bonuses.
Written praise-
Writing thank-you notes can not only show appreciation, but is tangible proof of an employee’s contributions. Written praise is a flexible method of recognition and notes of praise are almost universally appreciated, whether written or sent as electronic communication.
Verbal praise-
Verbal praise is perhaps the oldest, and longest-standing form of peer-to-peer recognition in the workplace. Verbal praise is given by colleagues, generally in an ad-hoc fashion, in recognition of a staff member's valuable contribution.
Although nearly always informal in nature, verbal praise is occasionally solicited as part of a formal staff recognition program.
What are the modern methods of employee engagement?
ReplyDelete-Make work meaningful
Delete-Foster great management
-Establish a flexible-humane inclusive workplace
-Create ample opportunities for growth and establish vision
-Purpose and transparency in leadership.
How can we link rewarding more effectively to the employee.
ReplyDelete• Involve all employees in the development, implementation and revision of
Deleterewards programs
• Ensure that employees view the rewards as worth the effort
• Make sure that employees understand how to earn the rewards
• Set reasonable and transparent performance standards for rewards
• Make sure employees view the reward system as fair
• Always link rewards to performance
• Recognize small and large accomplishments
• Reward teamwork and cooperation
• Provide rewards immediately after the employee achieves the desired
behavior
• Match the reward to the employee
• Offer financial rewards, non-monetary rewards and recognition
• Use long-term rewards programs
• Change the rewards frequently
Dear Mahesh, Recognition also has an impact on employee engagement.What do you think about that?
ReplyDeleteYes Amila I agree with you. Workplace recognition motivates, provides a sense of accomplishment and makes employees feel valued for their work. Recognition not only boosts individual employee engagement, but it also has been found to increase productivity and loyalty to the company, leading to higher retention.
DeleteWhy rewards are important to employee development ?
ReplyDeleteHaving a good reward system helps keep employees happy, loyal to the company, and eager to move up the ladder. Rewards, like public recognition and additional pay, motivate employees to work harder.
DeleteDo you think rewarding has a direct impact to the employee retention?
ReplyDeleteYes, after an employee is hired, rewards still play a major role in retention. If an employee feels that they are receiving a good rewards from a company, they are more likely to work harder. Most people are driven by the money and benefits they receive at a job.
DeleteYes. In order for rewards to have the most impact on influencing employee performance, they must be directly linked to the desired behavior. When employees understand the connection between their reward and their performance, they will be motivated to perform optimally in the future.
ReplyDeleteYes.Encourage rewards and recognition in the workplace. Meaningful rewards and recognition is one of the most cost-effective ways to reduce employee turnover, increase productivity, and encourage happiness at work
ReplyDeleteHi Mahesh, what kind of things you will do for employee engagement?
ReplyDeleteEncourage flexibility.
Delete-Volunteer as a team.
-Always be authentic.
-Promote taking breaks.
-Asking for feedback.
-Hold regular social gatherings.
-Clarify goals.
-Provide a nice environment.
How do you reward and recognize employees?
ReplyDeleteEmployees respond to appreciation expressed through recognition of their good work because it confirms their work is valued by others. When employees and their work are valued, their satisfaction and productivity rises, and they are motivated to maintain or improve their good work.
DeleteHere are great ways to reward and recognize your employees:
• Praise.
• Awards.
• Flexibility.
• Visibility.
• Responsibility.
Wonderful blog! Small businesses and established companies are attracting towards virtual workplace culture for their remote teams, to varying degrees of success while ensuring a work-life balance. A virtual team building company, help organizations to engage their remote employees in various employee engagement activities.
ReplyDelete