A study conducted by researchers at Oxford University Business School found that happy workers are 13% more effective than unhappy workers. Based on these statistics, it should be the priority of every business owner or manager to ensure that their workers’ happiness and satisfaction are upheld.
Most employers have a common misconception that the only way to increase employee happiness is through pay increment. While it is an integral part of it, it’s not the only way.
Below are four practical tips for boosting your employee’s happiness.
-
Invest in their career and personal growth
It is human nature to desire growth. Just like you want to see your business grow, your employees want to feel that they are growing within your company and on a career level.
That is why you should not let your employee stay in one position for long. Instead, ensure that you promote deserving employees as your business grows.
Besides promoting, invest in employee training. Investing in employee training shows them that you care about their personal and career development, which can be an excellent way of boosting employee happiness and royalty.
Royal employees will be inclined to stay with you longer, which means you retain their expertise in your organization.
-
Ensure they are adequately facilitated
One way of boosting employee happiness is ensuring that they feel facilitated. Providing them with pay stubs at the end of every payment period, for instance, is an excellent way of ensuring that your employees feel facilitated.
Besides helping them get a breakdown of their pay and statutory deductions, they can use their pay stubs as proof of income when applying for personal loans from lenders.
Generating employee pay stubs is pretty straightforward, thanks to technology. With the help of an online paystub generator, you can have your pay stubs by just entering the required information, such as company name and employee’s salary information.
-
Allow your employees some level of autonomy.
Your business is your project, and you may not want to trust anyone to run on your behalf. As a result, you can feel like you want to be in control over everything.
However, the truth is, that approach may be counter-productive. Micromanaging and controlling everything will make your employees feel like their efforts aren’t fully appreciated because you can’t trust them to do their job well.
But you don’t have to allow full autonomy all at once. Tweaking your management style so you can handle the more critical aspects of your business while allowing your employees to handle other tasks that are not as critical can work to your advantage.
In other words, it will make them feel their expertise is appreciated, which can be an excellent happiness booster.
-
Praise in public, criticize in private.
It is important to let your employees know how they are performing. You can achieve this by setting up regular meetings to review their performance.
If there is an overall excellent performance from the team, let them know.You may also give positive feedback to the best performers in public.
While it may be okay to offer general constructive criticism in public, you may want to be careful with criticizing individuals in public.
Instead, reach out to them and offer constructive criticism privately while letting them know how to better themselves. This is a win-win situation for all. The top performers are happy for the praise, and the poor performers are glad they didn’t get humiliated in public.
Final words
Your employees are your greatest asset, and their happiness should be your priority. While the four tips listed above may not be all there is in ensuring your employees are happy, they are a good starting point to promoting employee happiness and productivity in your business.
