Tips on increasing productivity
Did you know that highly engaged employees were found to be 26% more productive than their disengaged peers? How does this affect the bottom line for companies? One study found an increase in total returns of 13%. Increasingly employees are looking for value and meaningful acknowledgment that has no price tag. So, what exactly is motivating employee productivity? The answer is recognition, opportunity, and relationships.
Recognition: Positive feedback is instant recognition you can give to an employee that will give them a sense of pride. How does this help productivity? Your employee knows that you appreciate their efforts. According to the Indeed.com article, Positive Feedback Examples, identifying how your employee’s efforts make a positive impact on the team and the organization will only encourage them to stay and try harder. One study suggests that recognizing employees’ strengths encourages their team to thrive.
Opportunity: Giving employees the opportunity to use the skills they have helps them develop and take their skills to the next level. Encouraging a lifelong learning culture can take your company a long way. According to the smallbusiness.chron.com article, “Effects of Training on Employee Performance,” training enhances morale on the job and can even increase employee loyalty—two important motivators of productivity.
Relationships: Leadership is not always easy. Engaging employees can be a challenge. The key is finding ways to inspire your employees. Communication has been and always will be a major component of all relationships from top-level management to individual team members. Open, honest communication must be a priority in business. Once you have your communication down, how do you get your team to adopt your goals? According to the study, “Management Leadership and Productivity Improvement Programs,” management needs to focus on goals that matter. Management support for education and training, empowerment, and reward systems can be used to motivate employees and employees who feel that their leadership cares are more productive.
High productivity at the workplace is a sign of a healthy business and work culture. Productivity will increase when your employees are happy, supported, and have the right equipment to perform their work tasks.
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