Every company out there is competing for top talent. Why? Because having well-performing employees can make all the difference when it comes to ensuring long-term business growth and success. Before we jump in, let’s take a look at the numbers:
The stats on current employee turnover paint a clear picture – today’s top professionals aren’t just interested in punching their time card and receiving a paycheck at the end of every month anymore, they have different expectations about the types of companies they want to work for, the style of working they’d do and the offices they’d want to spend their time. And if you don’t offer that, they’re willing to go to another company that does.
So what’s a company to do? We’ve written articles before about creating an office of the future and employee perks to boost satisfaction, but we want to dig a little deeper into the motivation behind what employees actually want and how you as an organization can create a workplace that employees would love to work at!
When you offer employees the flexibility to choose their work hours or where they want to work, you provide a sense of control that is essential for boosting morale.
In the office, this means that employees don’t want to be stuck working from a dedicated desk. Most young professionals these days value having the option for activity-based working, which means that they can find a space in the office best suited for their task. This can be having a deep work session in a private office booth, brainstorming with colleagues in a huddle room or taking a formal meeting with clients in a conference room.
Learning is a life-long journey. Needless to say, no two employees learn the exact same way, and factors such as the employee’s experience level and adaptability could all have an impact. Start by identifying the skills your team members want to learn, then look for opportunities to help people develop them. Opportunities could range from an online course relevant to their career, or even a moment during the work day that the employee could learn soft skills from. For example, if an employee expresses frustrations working with another colleague, you can arrange for a mentor to work with them to write out a step-by-step action plan or act out role play scenes. Not only does this help them to better handle similar situations in the future, it also teaches them valuable soft skills which could prove important in leadership roles.
Finding these ‘learning moments’ is critical for establishing a work environment where employees feel that they are valued and given the time and space to grow as individuals. So, give it a try next time! There really is no opportunity too big or small.
Although some company leaders might think a monetary bonus is enough to keep employees happy, showing respect and giving recognition for your team’s hard work where it’s due is essential. A few ways to show gratitude for excellent work could include verbally praising them, treating them to a meal, offering time off or offering a small appropriate gift. It might seem a bit over the top, but these acts to show employees that their work is valued will go a long way in retaining top talent.
Meaningful work accomplishes two things: it helps to communicate the long-term goals and objectives of your team and organization, and keeps your employees engaged. But just how important is it? As it turns out, very. Research shows that more than 9 out of 10 employees are willing to trade a percentage of their earnings for more meaningful work.
‘Meaningful work’ can be interpreted in a few different ways, but in general, it refers to doing work that matters to the overall objective of a team, company or community. Next time you want to determine what meaningful work is, you can observe whether:
You might wonder ‘what is company culture’? After all, it’s not exactly a tangible item you can buy. Well, company culture refers to the shared values, attributes and behaviours of a company and its employees. In layman’s terms, it relates to the way your team interacts, how stressed out or overworked employees are, and the values they hold.
This generation places more importance on having a positive office culture than any other generation of workers. These days, a toxic workplace culture can spell disaster for a company, which is why you need to detect any signs of workplace toxicity as early as possible. Only then can you create an office environment that allows people to develop better relationships with their coworkers and makes them pumped up to come into work.
We spend a large amount of our time at the office. Naturally, you’d want to create a space where employees feel comfortable and are able to be productive, but it takes more than some cool couches and standing desks. A well-designed space would be divided into activity-based areas for specific work and implement technologies that professionals can utilize to make their day-to-day better.
The good news is that there are many options to help you best optimize space for collaboration and productivity. One option which has been rising in popularity in recent years is dedicated smart booths which can be adapted into soundproof focus rooms for individual work or meeting pods. With the right preparation, you too can curate a workspace that employees feel comfortable in and are excited to return to!
If you’ve made it this far, well done! It’s a long list and you might not be able to provide absolutely every single thing working professionals want in one go, but as long as you keep trying to consider their values and better accommodate the changing needs of workers, you’ll find that in return, they’ll offer you their loyalty and dedication in working towards your company’s success.
If you’re ready to start creating a workspace that the modern workforce would genuinely love to work in, or have any questions about experimenting with new technologies such as dedicated smart booths, we’d love to hear from you. Check out our workplace solutions on our website or reach out to our team today!