Employee trust is key to motivation
A recent survey looking into employee engagement has found that only 24% of employees in the UK are engaged in their job, showing the important challenge that employers are now facing.
The white paper highlighted key points for improving the situation by looking into work/life balance, relationship with the immediate manager and the employee trust levels. It was found that in order to increase employee trust levels the relationship with the immediate manager was the most important element; 8 out of 10 decisions to leave a job are based on the relationship with the manager and 70% of people leave their manager not their job.
This element of trust is seen in every workplace. One in five employees in the UK have taken a sick day for personal reasons costing the economy £2.5b a year. This level was increased this year by the number of 'sick days' taken during the world cup.
A study found that half of Britons would not take as many sick days if their employer introduced flexible working hours or 'social days' showing the correlation between employee trust and the relationship with the immediate manager.
Employees need to be motivated and feel worthy within their role. An employee incentive schemes, such as, the Enterprise Management Incentive (EMI) or the Company Share Option Plan (CSOP) will provide this by giving an employee a reward for good performance.
If you are experiencing low employee engagement levels in your office, find out today how an employee share scheme can increase that 24% by calling 020 8949 5522.