Have you ever wondered why some companies are consistently recognized as being one of the best places to work? What is it about these organizations that is so desirable? It doesn’t happen by coincidence and it’s not a quick and easy fix, like purchasing a ping pong table or creating a nap room. These businesses work hard at it every day and truly value their employees’ happiness - and it pays off big for them. So, what do employees really want from their employers? Here are three things that continually take the top spots in survey results and research.
Top Three Things Workers Want
The days of the strict 8-to-5 workday are coming to a halt. Employees want some degree of say over when and where they work. The ability to work from home, or a coffee shop, continue to top the list of what workers want. Younger generations, like Millennials and Gen Z, are native to the digital world and believe today’s technology allows for a lot of work to be done outside the office. In fact, a PwC study found 64 percent of Millennials would like the ability to occasionally work from home, and 66 percent would like flexibility in their work hours. But for this work arrangement to be successful, a culture of trust must exist within your organization.
Meaning and Purpose
More than ever, employees want to know their work is meaningful and they have a purpose. In fact, one study found six-in-10 workers would rather ask their boss for more meaningful work than a raise! Unfortunately, in today’s profit- and deadline-driven world, many employees feel like they are simply working for their paycheck, instead of contributing to the greater good of society.
One such way employers increase meaning and purpose in their workplace is by creating a strong company mission. According to Glassdoor, a company’s mission statement details its reason for existence. Further, it gives employees a sense of purpose, motivates them, increases productivity and enhances overall job satisfaction. Research into mission-drive companies has found they have 30 percent higher levels of innovation and 40 percent higher levels of employee retention.
Other steps employers can take include showing recognition, expressing gratitude, sharing client success stories and discussing how your employees’ jobs impact both your business and its customers.
And don’t underestimate the power of doing good. Today’s employees have a strong desire to be associated with socially responsible businesses that place a high value on having a positive impact on society.
A Culture of Belonging
More and more studies reveal employees value a workplace where they can be themselves. A place where their uniqueness is not simply tolerated, but valued. In a culture of belonging, employees feel included and psychologically safe. It is an open, honest environment where workers feel comfortable sharing their thoughts and opinions. According to LinkedIn, employees in accepting and inviting work cultures tend to be more successful, influential and contribute more to their organizations.
When business owners and HR managers take an active approach, focusing on their company’s culture and what their employees really want, engagement, productivity and retention increase. If you don’t know where to start, consult your experienced HR consultant right here at Axcet HR Solutions.