What is ‘employee motivation’ and why is it important?
The word motivation is derived from the word “motive”, which means the needs or desires of an individual. Thus employee motivation can be defined in the simplest terms as the eagerness or commitment of an employee to perform a task.
Hence, it is important for organizations to ensure that their employees find their work enjoyable and are satisfied with the overall work environment.
Both these factors contribute greatly towards keeping the employees motivated and engaged, which in turn enhances their performance and efficiency. In this context, recognizing and rewarding the efforts made by employees towards business growth is one of the most effective ways to keep them motivated.
A survey conducted by Gallup has shown that organizations that see a rise in 20% in engagement, experience a 41% reduction in absenteeism and a 59% decline in employee turnover rates. Engaged employees are more likely to avoid missing work and develop a deep sense of passion, purpose, presence, and energy towards their job.
What are the benefits of a motivated workforce?
A well-motivated workforce can prove to be the greatest asset for the organization. This is because a motivated workforce tends to be more productive, has a lower turnover rate and is more committed towards organizational growth.
Motivated employees have a sense of being an integral part of the organization they work for, which, in turn, helps in creating a positive work environment.
Discussed below are the key advantages that organizations can enjoy by having a motivated work-force:
1. Enhanced employee efficiency
One of the biggest benefits of having highly motivated employees is that it helps enhance their efficiency levels significantly. When employees are motivated they feel naturally inclined to put in their best efforts towards the completion of the tasks assigned to them.
Motivation helps transform the knowledge and skills of employees into enhanced performance and higher productivity.
2. Better utilization of resources
Motivated employees show a deeper sense of ownership for the organization’s resources and hence tend to use them in a more efficient manner. They work towards minimizing wastage and show a willingness to share resources with their co-workers from the same or even different teams.
This helps in reducing the overall operational costs, which can prove beneficial especially for organizations with limited resources.
3. Continuous development of employees
When employees are motivated they tend to push themselves towards achieving their personal and professional objectives. This helps in facilitating their self-development as they show eagerness to attain new skills and develop behaviors that can stimulate their growth.
They work towards constantly improving themselves as they try to attain even greater levels of success for themselves as well as their organization.
4. Reduction in employee turnover
Since higher motivation results in better performance and efficiency of the employees, it makes them feel more satisfied with their current organization. This sense of satisfaction minimizes their desire to seek job opportunities elsewhere.
Motivated employees develop a deeper sense of loyalty and belonging, and tend to be less willing to leave this secure environment.
5. Creation of a positive work culture
As mentioned before, as motivated employees tend to be happier and more satisfied with their work environment, it makes it easier for them to work with their peers and seniors in a more coordinated manner.
Whether it is about offering peer-to-peer employee recognition to a co-worker or providing help and support to overcome a workplace challenge, such employees are always willing to make a positive contribution. This naturally helps in creating a positive work culture based on mutual trust and support.
6. Improved employee attitude and behavior
Employees feel motivated when they believe that their organizations value their opinions and that they are being heard. This helps to assuage any sense of disappointment or dissent that they have towards the organization or their co-workers.
They become more supportive and positive, which further enhances their personal and professional growth and development.
7. Willingness to embrace change
Having higher motivation levels makes employees feel less anxious about any organizational changes that might be a part of a business growth strategy.
They feel assured that they are doing a good job, are better prepared to embrace any change with a positive mindset and will put in their best efforts even in the changed circumstances.
The importance of having a highly motivated workforce cannot be overlooked by organizations seeking consistent growth and success in today’s highly competitive business environment.
Hence, it is not surprising that most organizations today strive to keep their employees highly motivated and engaged.