Fifty years ago, offering a pension was considered a modern way to reward and engage employees. Over the years, employee engagement trends have been changing continuously.
By looking at current trends, we can predict which trends are more likely to dominate in the future. The following four trends will help your business keep up with the competition and satisfy the needs of your employees.
1. AI in the Workplace
One of the biggest trends in the workplace is artificial intelligence (AI). Instead of simply being utilized by a company, AI will be integrated into the business itself. This can improve employee engagement by releasing your employees from mundane, boring tasks. If you are struggling to figure out how to measure employee engagement, AI will also make data tracking easier.
The following are a few other ways AI can improve engagement:
- Boost your onboarding experience.
- Improve data tracking for benefits and wellness programs.
- Track employee metrics and analytics.
- Find ways to improve your company’s best practices.
If you want to build a happier and more productive workplace, it is important to start incorporating AI into your policies and procedures.
2. Virtual Workplaces and Globalization
Today, your employees can work from any location in the world and still stay in touch with the rest of their team. Virtual workplaces make it possible to collaborate on projects with teams based in different countries and time zones. In addition to promoting globalization, virtual workplaces boost the happiness of your employees and improve your bottom line.
Instead of paying overhead for additional desks at your office, you can hire telecommuters whenever you need them. This option also makes it possible to scale your workforce to match your company’s labor needs. Such employee engagement trends are only going to continue growing in the next few decades.
Having a virtual workplace may reduce your expenses, but you also have to make sure your virtual employees are engaged by adopting the following techniques:
- Use online platforms to boost teamwork and collaboration.
- Conduct regular meetings and training sessions to incorporate workers into your company culture.
- Provide benefits and wellness packages that show your appreciation.
With their flexible schedules and an excellent work-life balance, your telecommuters may quickly become your most engaged employees.
3. Improved Employee Experience
Employee experience is good for boosting engagement, but it is also a way to improve your employees’ performance, as well. This fact makes sense on an intuitive level.
If an employee is unhappy and has a terrible experience, they will be unenthusiastic about coming to work each day – making them less productive. Smart companies already understand this concept and prioritize employee appreciation programs to retain top talent. By improving the experience of your employees, you can also improve their overall performance and productivity.
The following are a few ways you can create a better experience for your employees:
- Make a great onboarding process.
- Show appreciation for positive behaviors.
- Adopt employee wellness programs.
- Act on employee feedback.
When it comes down to it, your employee experience is what determines whether your workers stay with your business because they want to – or because they have to. It’s one of the strongest employee retention strategies.
4. Unorthodox and Unique Incentives
Employee engagement trends change with each generation, and today’s workforce consists mostly of Millennials. In order to keep this group happy, employers need to start brainstorming unorthodox, unique incentives around the way we interact in the modern world.
Modern employees may not need a company car or a pension, but they might want an organization that offers top-of-the-line health insurance, a tech package, and flexible schedules. If you want to satisfy your current workers and attract the most talented applicants, you have to figure out the benefits modern employees need from a job. Each workplace is different, so it is important to determine the kind of benefits your employees actually want. You should also consider benefits that fit in with your company culture.
The following incentives can help you motivate and reward your employees.
- Offer travel discounts and working vacations.
- Provide on-the-job training or help pay off college tuition.
- Consider offering options for remote work or flexible scheduling.
- Design multiple reward options to match different interests.
By providing your team with some of the best incentives, you can keep them engaged and excited about coming in to work every day.
The Bottom Line
Companies have to compete for the best workers. Once you find talented employees, you have to convince them to stay with your company through employee engagement programs, incentives, and positive company culture.
As you try new incentives and programs like an employee performance plan, make sure to track all the data so that you know how effective each option is. Then, use this information to tailor newer, better programs for engaging and retaining your company’s best workers.
Ultimately, with proper planning and care, you can significantly boost the overall productivity and efficiency of your employees.