Employee motivation has been one of the most important success factors for businesses in 2019. It is one of the top priorities of many managers who want to see their team productivity increase. Continue reading to find out what has been the biggest trends we have seen so far this year:
1. Employee motivation is becoming even more important
The topic of employee motivation is something which more and more managers are interested in! Many businesses are realizing the potential of employee motivation. Various programs aimed at increasing employee motivation are introduced by different companies daily.
2. Millennials are becoming a bigger part of the workforce
According to a Pew Research Center analysis of U.S. Census Bureau data, millennials are the largest living adult generation. In addition, by 2030 they are expected to make up to 75% of the workforce, as more and more Boomers retire. Therefore, businesses need to adjust their employee motivation strategies to this generation!
In fact, every new generation comes with its specific set of new ideas and changes they would like to see. Millennials are no different. They are driven by open communication, working culture they admire, and an employer who cares about volunteering and social causes.
3. Feedback is essential
One of the biggest trends we have witnessed is how omnipresent feedback is. This includes not only feedback from your teammates or your manager but also customer feedback. Often reward systems are tied to customer feedback so that employees can see the direct impact they make to the final customer. This gives them a feeling of purpose and meaning, which they might otherwise lack in their work.
4. Next level work-life balance
Even though a work-life balance has been very important so far, now it has reached the next level. Flexibility about work time and working from home is one of the biggest motivation tools for the majority of employees. Coming to work from an office from 9am to 5pm every day seems to be a thing of the past. Keep up with the times and make sure to offer a good work-life balance to all your employees in order to avoid burnout and absenteeism!
5. Offer trainings
Nowadays, employees take for granted that they will be offered various options for learning. Offering trainings is seen as something which every employer should do, not only to motivate their employees but also to empower them to grow within the company. Constant learning is crucial for the motivation of your staff!
6. Employee rewards programs
Finally, one of the biggest trends of 2019 is employee rewards and recognition! By investing in a rewards program, you will not only increase your employee motivation but also increase their engagement levels, job satisfaction and productivity. Employee rewards are a wonderful way to show your staff that you care about them and you value their efforts.
In conclusion, there are always new trends in employee motivation, as the industry grows, changes and develops. Motivating your employees might seem tricky, but the trends we listed above are here to stay!