Employee engagement and contentment is vital to the success of any business. This might be the biggest challenge to any entrepreneur and until it is figured out, the attrition rate of their companies/organization could very possibly remain high.
An NDTV article of 2016 mentions how the attrition rate was at an all-time low in India as people were in no hurry to leave their jobs. The credit can partially be given to entrepreneurs ensuring that they are appreciated, recognized and that work life isn’t consuming all their time. Obviously, it isn’t that simple but these basic expectations from employees remain universal.
We at Studio 31, have been experimenting with a few strategies ourselves. And we believe that they could help you too. Here’s a few key changes that worked for us in providing a working environment that is encouraging and healthy for employees:
1. Acknowledge and appreciate efforts, small or big:
Being the CEO of a company or the manager of a team calls for one to constantly encourage creativity and not stress on the consequences of failing. It must be a prerequisite for them to ensure that their team is motivated to experiment and take risks. The fear of failing at something, more often than not stumps creativity. And, when creativity is stumped, the growth of the company is stumped.
Every proposition or idea that they’d want to attempt, irrespective of its success, deserves to be heard. The potential success of every worthy innovation deserves to be tried out. One must remember, that wins also come from people that gave you defeats.
2. Be conscious of what you are saying:
CEOs must be extremely wary of their words, always. This is to ensure that they are not misinterpreted, or come across as offensive, and are considerate of how it would impact their employees. There’s always an inflation in an entrepreneur’s mind as to how much his/her words could and do affect his employees but this inflation is good. The tone and the language used in expressing something can make or break the trust of your employees.
It is important to be considerate and thoughtful of your employees and their efforts -- and that shows how much you care.
3. Ensure organization-wide transparency:
The nature of businesses is unpredictable. This would require employees to work long hours, and meet deadlines. But, good leadership is not about misleading employees by falsely setting a deadline in hopes of speeding up work. Good CEOs confide in their employees and trust them with delivering goals. Chances are, your employees would appreciate your honesty and understand that their work is valued.
These are small, yet significant things that could very possibly avoid employee burnouts. Senior managers and CEOs of companies should be the employees’ support system, inspiring them to be better versions of themselves, thereby keeping their company’s morale and spirits high. It takes more than just the three points to bring about a systematic change in businesses but these are essential and a good place to begin with.
Authored by Divya Babu.