When it comes to work, it’s not about how long you work or how hard you work, but how productive you are when doing it. Producing poor work will not better your company or further your goals. It is only when you and everyone around you are feeling great that you can produce your best work consistently. As an employer or manager, helping your employees be as productive as they can be should be a priority, and to accomplish this, a better workplace culture must be adopted.
Costs of a disengaged workforce
The costs of a disengaged workforce are huge. Over 68% of the UK workforce is disengaged, resulting in approximately £340 billion in losses every single year. This is attributed to several factors that plague many company’s cultures. More than half of employees do not feel aligned with their company’s goals, and nearly a fifth believe their company’s management is contributing to a negative environment.
This, combined with the fact that nearly a third of all UK workers and over half of workers in the millennial generation will leave their new jobs within a year, means that turnover rates are higher than ever.
As an employer, this means increased costs and a decreased pool of talent. In order to turn these statistics around, and to create a business that attracts the best and keeps them for years, you need to change your company culture. The better the culture, the more productive and happy your employees will be.
Benefits of an engaged and productive workforce
A productive workforce is one that not only likes working for you, but one that agrees with your goals and your values, and wants you to succeed as an extension of their own success. Curating a positive company culture is a critical component to this reality, and to achieve it employers must consider what they can offer their employees in terms of recognition and employee rewards. Offering these rewards don’t have to be cost-inhibitive, either.
Signing up with employee rewards experts, Perkbox, for example, will allow your employees access to everyday perks and discounts, the ability to recognize talent in their co-workers, and even the ability to enroll in employee wellness programs. Combined, you can create a positive culture where your employees are better-taken care of and rewarded and recognised for their efforts every day.
To really ensure a positive culture, however, you also need to consider who it is that is working for you. If you narrow down your recruitment so that you not only have talented workers but workers with the same temperament, you can create a family dynamic that boosts teamwork and mental wellbeing.
Increasing the productivity of your employees might seem difficult, but it is not impossible. Instead, you need to work on improving your workplace culture so that you can attract and promote productivity every single day. The better the benefits you offer, the more likely you will be able to keep the best of your best around, bettering your business and helping you achieve your goals every day.