Employee morale is one aspect that may shape the future of your business. The engagement level of your team has a positive or negative impact on your company’s bottom line. If this is inconsistent or drops, your organization will be in trouble.
Experts have weighed in and given their two cents, they have mentioned the following ways to keep morale and engagement at the level you want.
1. Make them feel they are part of the big picture.
If a person feels they are not a part of a company’s long-term plans, their morale will drop. They will think their efforts will have no bearing in the grand scheme of the company. They will not perform up to their potential or won’t bother trying to do their best.
They will just collect their pay and go through the motions. This disengaged attitude may spread to others in the team and drag everyone else down. To avoid such a situation, make employees feel they are part of the big picture and can contribute to it regardless of their role in the organization.
Define their job and show them where they fit in the company’s long-term plans. This certainty keeps morale high and performance at a top level.
2. Recognize good work.
Employees feel that their work has value when their bosses acknowledge their accomplishments. Provide them with different kinds of incentives for their performance. These can be free trips, bonuses, flexible working hours, longer vacation leaves, bigger projects, promotions, and others.
Determine what motivates an employee to know what kind of incentive to provide him or her. Some get motivation from extrinsic or intrinsic rewards.
3. Provide coaching and feedback.
Feedback is important to an employee who wants to succeed. They will want to know which areas to improve, what they did wrong and how they can help.
Provide them with a mix of encouragement and criticism, allow them to learn through their mistakes, gain experience in various aspects of the organization and mentor them. Coaching is a must when it comes to boosting team confidence.
Provide seminars and training modules that enhance their skills or learn new ones. Employee morale events are also a great way for people to know each other and network.
The Positive Effects of High Employee Morale
Employee morale can be a barometer of how far your company will go. Keeping this high has plenty of advantages for your organization. Some of which include the following:
- Lower turnover rate. Employees love working with you, so they don’t bother applying for another job elsewhere. A low turnover rate also means that you spend less on hiring and training new employees.
- Better performance. When morale and confidence are high, an employee will go the extra mile and be more open to learning new skills for their job.
- Longer-lasting commitment. Employees that have high morale will want to stay longer and see projects through. They know they are part of the future of the company and want to see it succeed.
Morale is a catalyst that improves performance, lowers turnover rate and builds teamwork. Make boosting this a priority and see the results.