A new survey of the financial industry conducted by Kronos and Future Workplace confirms that you need to engage your employees and not just pay them — 73% of survey respondents look at what an employer stands for, not just the pay and benefits offered. Flexibility, career advancement opportunities, and philanthropic mission were three factors that employees weighed heavily, and if you’re a manager looking to engage your employees, you might want to highlight what the company is offering in these areas. Ideally, your company conducts employee engagement surveys and tailors how it keeps employees engaged. But if your company is lacking in employee engagement initiatives, it’s up to you to engage your employees – here are five ideas:
Build flexibility into your management
If your company doesn’t offer flexible work arrangements, you can still manage your teams flexibly. Do you give autonomy to strong performers? Do you encourage your team to work from home or take additional time after a particularly tough assignment? Do you support outside interests?
Be a coach and offer day-to-day professional development
Supporting career advancement includes ensuring your team that their skills are updated — encourage participation in company training opportunities, or help them find external resources. Give ongoing feedback, not just at formalized performance reviews. Consider changing up roles within your group so that your team has the opportunity to work with different colleagues or on different tasks.
Read 3 more ideas for how to engage your employees in my Forbes Leadership column:
Originally published on May 25, 2017 by SpeakerMatch Speakers Bureau