Employee satisfaction – is it all about the money?
With several high profile salary rows in the media at the moment you might be forgiven for thinking that employee satisfaction centres around the money.
Rows at the BBC over gender pay imbalance have hit the headlines as female presenters highlight the gap between their salaries and those of their male colleagues in similar roles. However, the issue being raised is less about the size of pay packets and more about equality and fairness in the workplace, which are vital for employee satisfaction.
At Ocean Edge we talk to many job candidates and employers each week, and know the key to a happy workforce and retaining top employees goes beyond renumeration.
So how do you show your staff they are valued? Here’s some ways to improve employee satisfaction in your organisation:
Listen to your team
Giving your employees opportunities to share their ideas, requests and even displeasure will help to create a culture of trust within your organisation. Talk to staff about what would help them to achieve more as a team. Also make yourself available to discuss individual requests and issues.
Be flexible about employee benefits
One size doesn’t fit all when it comes to benefits and happiness in the work place. Depending on where an individual is in their career and personal life they may be more interested in financial benefits, higher pension contributions, more comprehensive health care or flexible working. The only way to be sure is to have the discussion.
Invest in training
Create a tailored continual professional development plan for each member of staff within your organisation. Investing in their personal skills will make them better employees and more dedicated to the success of your business.
Mentor future leaders
Identify staff with the potential to become the next generation of leaders within your organisation. Set them on the path to promotion with mentoring and project leadership opportunities that will motivate them to succeed. Read more about developing leaders within your business.
Create a fair salary structure
If gender pay imbalance is a legacy issue within your organisation then an internal salary review will demonstrate that you value all your staff and put things on an even keel.
If you are an employer in the affordable housing sector looking to grow your team then Ocean Edge can help. We have offices in Southampton and London offering recruitment consultancy services.
For more information about how we can support your organisation get in contact: call 023 8000 1153 or email info@oceanedge.biz.
It’s common for an individual’s motivation to crash at some point during their career. This could be for a number of work-related or personal reasons. A good manager needs to be on the look out for low motivation within their team and know how to reignite work place happiness in the interests of their staff and business.
Good leadership makes for successful organisations. This is because well led employees are more motivated and productive. They deal better with change and are more likely to be satisfied in their roles. So when a gap appears in your leadership team how can you develop future leaders to help move your business forward?