When workers seem to have a drop in job performance, it may be that they lack the fire that made them a top performer in the first place. However, burnout in the workplace is not the only risk employers need to worry about.
While burnout can contribute to a decline in engagement, workers may have lost sight of the purpose of their job, which can lead to lower levels of productivity and higher rates of turnover. With employee engagement continuing to be a major worry for companies, employers have to look for incentive compensation management solutions that will help keep their workers interested in their job and regain their sense of purpose.
Difference between workers with and without a sense of purpose
Employees may demonstrate a lack of motivation and purpose if they do not connect with their company’s brand, according to Fast Company. In a recent survey by Deloitte on core beliefs and culture in the workplace, 48 percent of respondents who do not have a sense of purpose believe their organization will grow over the next year. The survey showed respondents who do have a sense of purpose have a more positive outlook for company growth with 82 percent saying their company will expand.
How to fuel employees’ fire and productivity
When workers do not feel a strong connection with the values and actions of their employer, they may not be working as hard as they can to achieve growth for the company. Although lack of engagement is a big issue, it’s not impossible to tackle. One way to get workers to become motivated is to build engagement around their company’s brand, starting with the onboarding process, Forbes said. Employees who are excited to work for a company early on by effectively being introduced and welcomed to their company culture can continue to carry on this enthusiasm throughout their tenure with the business. Constantly reinforcing the company’s brand through internal communications will also help support workers commitment to the business.
Companies can also boost engagement by aligning their targets with their employees’ goals. Incentive compensation solutions can help fuel employees’ sense of purpose. By monitoring their performance through automated solutions, companies can give workers the feedback they need to improve their productivity and allow them to become more engaged in their work. (tesseraonlaketravis) This solution can also make it easier for employers to know when to recognize employees’ achievements and reward them for their work.
