“(Employees) want to be engaged and motivated, doing work that feels meaningful and makes the most of their talents and strengths.”
— Gallup’s 2017 State of the American Workplace report
Employee motivation is fast emerging as one of the most valuable incentives in the workplace. Staying motivated means staying inspired and staying happy. And that directly impacts employee performance and productivity. According to a recent study by the University of Warwick, “happy” employees are 12% more productive at work.
Engagement forms the backbone of employee motivation strategies. It has been found that employee engagement is 3 times more affected by intrinsic motivators — like praises, positivity, encouragement — than extrinsic motivators, like a paycheck, bonus, etc. This is simple business sense for organizational leaders: If your employees stay engaged at work, it leads to higher motivation. If they are not, they just move on.
The prime driver of employee motivation in the workplace is the leadership. More than anyone else, business leaders need to encourage employees to take risks and embrace failures while constantly mentoring and providing opportunities for growth and development. It’s easy.