Employee motivation is the key to success

Posted on July 22, 2019 by Anthony Mortimer

“If you look after your staff well, they will look after your customers” – Sir Richard Branson

You don’t have to be a business guru or successful entrepreneur to appreciate the link between motivated employees and business success. However, what you may not know is just how important this relationship actually is to your bottom line – companies with a highly engaged workforce are 21% more profitable[i]. So, it’s safe to say that if you want to turn more revenue into profits and continue growing your business, the answer lies in your employees. But what are the best (and fastest) ways to drive enthusiasm in your employees? Well, here’s a few ideas.    

Take a look around

Start with how your workspace looks. If your employees are sitting in a tiny, concrete cupboard space, they are unlikely to be producing their best work. So, look to at your current décor and workspace layout and see if you can add more natural light, open a few windows, and even introduce some greenery with house plants.

Listen to reason

It’s said that people don’t quit jobs, they quit bosses, so make sure your organisation has a strong management structure that shares honest, open, and supportive communications with your employees. This ability to create strong and compassionate relationships can dramatically improve both your employees’ engagement and your company output – employees who feel their voice is heard are 4.6 times more likely to feel empowered to perform their best work[ii].

Offer opportunities

Richard Branson has been quoted as saying “train people well enough so they can leave, treat them well enough so they don’t want to”, and this takes us on to the next point – learning and development. Make sure you are giving all your employees the best opportunities to increase their skill set, their knowledge, and their career potential. Why? Well, top performing companies are 5 times more likely to implement engaging learning and development programmes[iii].

Remember rewards

79% of people who quit their jobs cite ‘lack of appreciation’ as their reason for leaving[iv].

From flexible working hours to free food, there is a variety of ways to recognise and reward your employees. But, finding a suitably thoughtful gift shouldn’t mean headaches for you. So, when you want to reward your employees or motivate them to achieve even more, think M&S Corporate gift cards. With a simple ordering process, our gift cards, e-Gift cards and e-Codes are the perfect way to empower your employees to spend it well – on everything from the latest fashion, to a crisp white wine.

[i] https://blog.smarp.com/employee-engagement-8-statistics-you-need-to-know

[ii] https://www.forbes.com/sites/nazbeheshti/2019/01/16/10-timely-statistics-about-the-connection-between-employee-engagement-and-wellness/#6b5df49422a0

[iii] https://www.achievers.com/blog/5-ways-to-engage-employees-through-learning-and-development/

[iv] https://www.forbes.com/sites/davidsturt/2018/03/08/10-shocking-workplace-stats-you-need-to-know/#4bc2c0f3f3af