Let’s start with the why. Sorry, some statistics are coming, but they’re kind of amazing.
So let’s break it down.
Your employees of course expect the basic mandated package--but anything you do above and beyond that sends a message that you care. Paid leave, life and disability insurance, retirement savings plans (with an employer match!), education assistance, wellness programs, and child care assistance are standard at many companies, and set the groundwork.
Employees will, and do, talk, despite HR efforts to discourage salary comparisons. Plus, in these days, former and current employees are going online to talk about what’s good and not-so-good about working at your company. Nothing makes morale take a hit quite like finding out that you’re being paid less than the person in the next cube who is doing a similar job.
But--money isn’t everything. Leonard Glick, professor of management at Northeastern University, studies motivation. In an article in Forbes magazine, he says, “The motivation comes from the challenge of the work, the purpose of the work, the opportunity to learn, the opportunity to contribute.”
“Hire people that you trust, and trust the people that you hire” is more than a good motto--it’s a guideline for creating employees who feel that they’re being treated like adults--and which they will reward with energy and enthusiasm.
Employees who feel that there’s room to grow will happily demonstrate that they’re up for the challenge.
And note: nobody has to do all of these activities. Just one, over time, will make a difference.
Looking for more ways to increase happiness on the job--yours, and your employees? Get inspired with our Top 10 Instagram Accounts to Jumpstart Health and Happiness and download our e-book, 17 Companies Across The World That Do “Work Perks” Well.