How To Motivate Your Employees?
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Highly motivated employees fuel your company’s success.
They take the initiative, tackle challenges with a positive attitude, and always exceed their objectives.Â
Unfortunately, they’re rare! And if you’re reading this post, we’re guessing you’ve witnessed it first-hand.
A study revealed that only 14% of Australian employees are engaged at work.
The truth is that disengaged employees could hinder your success by halving your company’s productivity and damaging your reputation.
So, here are four tips to help you inspire and galvanize your troops.Â
Thank Them For Their Work
Yes, this sounds extremely simple. Yet, saying “thank you” can make your employees feel valued and appreciated. As a business owner, it can be easy to get caught up in the daily grind and forget to show appreciation for your employees’ good work and efforts. After all, you’re juggling a million things at once, and thanking employees for doing the job they’re paid for isn’t a priority.Â
Well, we’d argue that it should be!
A recent study showed that 70% of employees would be significantly more motivated if their manager said “thank you” more often.Â
This won’t cost you anything and could drive your company’s productivity, so make sure to thank your team every now and then.
Communicate The Big Picture
If you want your employees to be invested in your company, you need to share your vision and goals with them. And as they evolve, you need to update them. This will help them understand how their work contributes to the company's success and ensure they find purpose in their work. There’s nothing more frustrating for an employee than not feeling like they contribute to anything meaningful.
Delegate And Trust Your Employees
Trust is critical in creating a thriving company culture that empowers employees. If you micromanage your team and show reluctance to delegate, you’ll demotivate them.
Instead, encourage them to take the initiative, lean on their expertise and show them you trust them. Of course, be there to provide support if they need it, but only if they request it.
Unless they show you they can’t be trusted, you should be confident in their ability to perform their duties efficiently.
Another way to establish trust is by implementing an open door policy and allowing your employees to prioritise their tasks, set their own schedules, and even offer a work-from-home option a few days a week.
Implement An Employee Motivation Program
Did you know that companies using incentive programs can achieve up to 79% of their goals?Â
What’s more, an incentive program can motivate 66% of employees to stay in their company.
A motivation or incentive program is a program designed to reward and show appreciation for an employee’s work. It can be an award, a gift card, a discount, or mentoring to help them achieve their goals.
These programs tend to greatly motivate and inspire employees, driving better performance and higher retention.Â
Insuring Your Business To Protect Your Growth
Even though you have fantastic and highly motivated employees, they’re only human, and an accident could happen. For instance, if you lead a team of cleaners and one of them inadvertently damages one of your client’s property, you could be held liable.Â
That’s why you need insurance. And to find the best insurance policy for your business, check out our instant quote generator, where you can get an estimate on market-leading insurance in seconds! Simply enter your occupation and expected revenue to get started.