Forget ‘Casual Fridays’: The Secret Formula To Keeping Your Employees Happy
Some may think boosting morale in the workplace is costly: competitive benefits, alluring wages, and expensive holiday parties. But according to Entrepreneur, the key to keeping your employees in good spirits is a lot less complicated than you think — and it doesn’t involve Casual Fridays!
The biggest pain in the butt for human resources, according to an infographic by Plantronics, is finding and retaining quality workers; almost 50 percent cite this as a major issue compared to offering good pay (17 percent) and training (16 percent). So here are three simple solutions to reduce your turnover rate: give your employees a choice, create a balanced work environment, and keep your workers in the loop.
Sixty-four percent of employers who offered their employees options, such as when and where to work, found that this has assisted them in hiring and keeping top-of-the-line employees. Staff members with flexible work schedules are 12 percent more satisfied with their jobs than those with rigid schedules. They also reported higher levels of innovation in their job performance.
The infographic also noted that, according to a Cornell University study, small businesses that granted their employees choices had one-third the turnover rate than their control-oriented counterparts. Also, firms that gave their employees the power of choice grew four times faster than the opposition.
So what’s the next secret to creating happy campers? Provide a yin-and-yang-like environment for your staff: Employees should have access to a noiseless work space to encourage focus and concentration — but also have an area to share and collaborate with other colleagues. Workers under these conditions report “higher measures of satisfaction, innovation, effectiveness, and performance,” the infographic says.
Lastly, you’ll want to provide tools for your employees to stay in the loop — wherever they are — with the company. “Most small businesses provide laptops or smartphones to help workers stay connected,” the infographic states, “but many also use newer technology like cloud-based services and tablets to support flexible work options.”
Tools such as Google Docs or even video conferencing software like Skype allows employees to work remotely, empowering your work staff to attain optimal productivity for your business.
This study compiled by Plantronics — an audio technology company — polled 270 business owners for the Workplace Flexibility Survey.