In today’s global landscape, where employees are faced with local as well as international opportunities, companies are investing more than ever in controlling their attrition rates. It has become extremely crucial for the human resource department to retain workforce and keep them continuously engaged and happy.
One of the challenges in doing so is to keep employees constantly motivated. Motivated employees are more efficient and productive; they take ownership of work and generally outperform resulting in a sense of satisfaction. Many people argue that if employees are compensated well, they will always be motivated whereas, others think that it is not just about money. To exemplify, Daniel Pink, who is a renowned psychologist, has done various studies and researches on this matter and found that it is when people are given a sense of purpose at work, that they feel motivated to accomplish their tasks. Through his studies, he discovered that even though money is imperative for stability, it doesn’t keep employees motivated for too long. Hence, companies should constantly try to challenge their employees with good work, give them ownership and responsibility and ensure that they understand the overall goals of the organisation and their role in helping achieve them.
There is also the social factor which plays an important role in engaging employees. After all, humans are social animals. Companies should organise weekly fun activities or occasional team building trips. For instance, many companies have introduced the concept of fun Fridays where people can socialise, watch a movie together, have drinks and make a conversation with people outside of their work teams. Companies also benefit from such activities as it encourages team bonding. In addition, it has also been observed that companies which invest in coaching and training their employees are likely to have a much satisfied workforce.
To conclude, retaining workforce requires a multipronged approach. In my opinion, companies should focus on creating a friendly workplace and giving their employees a sense of purpose. Organizations that are invested in their people’s growth will have no difficulty retaining them.
In
today
’s global landscape, where
employees
are faced
with local
as well
as international opportunities,
companies
are investing more than ever in controlling their attrition rates. It has become
extremely
crucial for the human resource department to retain workforce and
keep
them
continuously
engaged and happy.
One of the challenges in doing
so
is to
keep
employees
constantly
motivated
.
Motivated
employees
are more efficient and productive; they take ownership of
work
and
generally
outperform resulting in a sense of satisfaction.
Many
people
argue that if
employees
are compensated
well, they will always be
motivated
whereas, others
think
that it is not
just
about money. To exemplify, Daniel Pink, who is a renowned psychologist, has done various studies and researches on this matter and found that it is when
people
are
given
a sense of purpose at
work
, that they feel
motivated
to accomplish their tasks. Through his studies, he discovered that
even though
money is imperative for stability, it doesn’t
keep
employees
motivated
for too long.
Hence
,
companies
should
constantly
try to challenge their
employees
with
good
work
, give them ownership and responsibility and ensure that they understand the
overall
goals of the
organisation
and their role in helping achieve them.
There is
also
the social factor which plays an
important
role in engaging
employees
.
After all
, humans are social animals.
Companies
should
organise
weekly fun activities or occasional team building trips.
For instance
,
many
companies
have introduced the concept of fun Fridays where
people
can
socialise
,
watch
a movie together, have drinks and
make
a conversation with
people
outside of
their
work
teams.
Companies
also
benefit from such activities as it encourages team bonding.
In addition
, it has
also
been observed
that
companies
which invest in coaching and training their
employees
are likely to have a much satisfied workforce.
To conclude
, retaining workforce requires a
multipronged
approach. In my opinion,
companies
should focus on creating a friendly workplace and giving their
employees
a sense of purpose.
Organizations
that
are invested
in their
people’s
growth will have no difficulty retaining them.