Has your company proposed their New Year resolution yet? How about resolving to keep your employees happy…
This new year has companies investing in greater cultural and professional development in their employees. TINYpulse surveyed more than 1,000 organizations and identified the top five employee engagement drivers that could dominate the workplace in the coming year.
- Peers are important to employees. According to TINYpulse’s 2015 survey, employees said that their peers were the top thing they loved about their job. But this wasn’t the case in 2016, as employees did not feel connected to their coworkers. Employers will need to find a way to encourage the connections between their employees to strengthen and improve the office morale between everyone, not just the top performers.
- Employees are willing to jump ship in an improved job market. If your employees aren’t happy then it makes it that much easier for them to find happiness elsewhere. Some strategies to build stronger employee retention include career development, thriving work culture, and work-life balance. TINYpulse’s analysis found that 25% of employees are willing to leave for a 10% pay increase – so it’s obviously not taking much enticing.
- Middle managers are important. Wise employers will keep middle managers and provide them with the tools necessary to engage employees. The survey says 53% of employees would prefer that their direct managers handle the employee engagement.
- Employees want feedback. The survey found that 69% of employees didn’t believe they were meeting their full potential at work. Employers should increase one-on-one meetings and provide ongoing coaching and feedback.
- Companies need to implement leadership programs. According to the Insured Retirement Institute, 10,000 employees will be retiring a day through 2030. With all these baby boomers retiring, leadership positions will steadily become available. So it is not only essential to ready employees for these leadership positions, but employees who have access to professional development programs are 10% more likely to stay with the company.
If you’re interested in learning more about implementing or increasing employee engagement at your organization, visit AssuredPartners Wellness.