What is the point of having a lovely dazzling car if it does not have the power of a great engine in it to run smoothly? Wondering what has a car and its engine got to do with employee motivation? Well, your organization is the manly polished car and your employees are its engines. Just like a smooth and powerful engine is crucial for the continuous functioning of the car, motivated and finely tuned workforce is fundamental to operate the company smoothly and effectively. Plus, the fact that employee motivation is directly linked with business profits, makes it all the more important to keep your employees pepped up and encouraged. As such, the more motivated the employees are, the more successful and distinct will be your business. To cut short, human capital, that is the employees, is the most valuable asset for any organization and its smooth operation. Besides, there are several other factors that make employee motivation highly significant. Discover them in the following lines guide you through the importance of motivating employees.
Significance Of Motivating Employees
When workers are continuously motivated from outside or within, they tend to show passion in their work and perform better. Companies that provide a reason behind challenging jobs are, in turn, motivating them to work hard and reach the goal or accomplish the challenges so provided. As such, when they are faced with productivity goals, they give in their best efforts to reach the challenges and complete their tasks within the allotted time, without any external motivational tools like bonuses and awards. This, in turn, is beneficial for the company through increased production and productivity.
Improved Employee Morale
Motivating employees on a continuous basis can induce them to work hard and accomplish the challenges, thereby improving the morale levels amongst them. A team with high employee morale is in a better position of attending office every day and facing challenges of the job. The happier the workers are, the more productive they turn out to be. Additionally, the company experiences less conflicts and lower incidents of absenteeism.
More Loyal Workforce
The more employees are motivated, the more loyal they are towards their work and the organization, on the whole. It proves to be expensive for the organization to hire new employees by investing time and money on their recruitment. Plus, they come with a high employee turnover (the cost of replacing an employee with another one) to the company. On the other hand, loyal workers lead to saving money in recruitment costs, training, and lost productivity, thereby reducing the employee turnover to a great extent. Besides, a company with a group of motivated and loyal workers is more likely to gain a good reputation amongst potential workers and clients.
A motivated workforce tends to work freely and more passionately on the tasks assigned. As such, these employees display improved and better levels of creativity and imagination on the job. As a result, a group of innovative and inspired employees help in taking the business to step forward with creative ideas flowing all the while for the betterment of the organization. For inducing more creativity amongst employees, the supervisors have to design such a leadership style which constantly encourages them to provide suggestions, new product ideas, and new cost effective ways of delivering better performances.
The more motivated employees are towards their job goals and objectives, the better are their chances of getting promoted. Depending upon the interest and hard work that an employee delivers on the job, he is likely to be rewarded accordingly. As such, better levels of performance are more likely to get an employee recognized amongst other workforce, thereby being benefited with an appraisal, promotion, or increased salary pay.
With the above stated reasons indicating the significance of employee motivation, it is essential to keep the workforce stimulated and encouraged.