Got Love for Your Employees? Survey Says They’re Not Feeling It
February 14, 2014 / Corporate Wellness
At this stage of the game, most employers know it’s important to have an engaged, productive workforce. Most are well aware that employee disengagement packs a major punch – and that it comes with a hefty price tag, including productivity losses of up to $300 billion annually, plus other things that are bad for business like poor stock performance, decreased customer satisfaction, and more.
It seems simple, but showing employees some love – making them feel supported and appreciated both on the job and off – can make a world of difference.
Virgin Pulse recently surveyed more than 1,000 full-time U.S. employees (not our members) and found that, while employees love their companies, they’re not always feeling that appreciation in return.
Nearly 75 percent of respondents said they either “love” their company because it’s a great place to work or felt “pretty good” with no major complaints. Less than two percent said they hated their company and wanted out. Problem is, there’s a big gap.
When asked how they think their employers feel about them:
- Just 25 percent felt their company really values them and shows it often
- 41 percent said they only get occasional recognition
- 29 percent said their employers only pass a compliment along every now and then
- Five percent felt like their employer didn’t know they existed or felt so undervalued that they want out
Not good. But more employers are tuning into this and are realizing the employee/employer relationship needs some nurturing. But perks like free coffee or snacks, nap pods or massages, or even a few extra bucks won’t cut it. Now, we’re not saying you should ditch those perks. Employees love them. But in the grand scheme of things, they’re not what employees think is most important.
What it’s all really about? Connection. Employees want to feel connected to the work they’re doing, what your company stands for, and the people they often spend more time with than their own families and friends.
When asked what they liked most about their company:
- 33 percent said doing interesting/challenging work keeps them engaged and loving their job
- 22 percent felt passionate about what the company stands for and its mission
- 12 percent said their coworkers were the main reason they love their company
Creating a culture that shows employees just how much they mean to your business not only helps maximize your workforce’s potential, but it also helps you drive engagement and create loyal, motivated employees who go way beyond what’s asked of them.
So, what’s the best way to show employees you care? Employees say it’s all about caring about them as people, not just as workers. Thirty-four percent said supporting a work/life balance and their overall quality of life is the number one way to show ‘em the love.
And when it comes to the benefits and perks that really motivate them, more than half of respondents ranked flexible work arrangements as the most important perk, followed by programs and resources to help improve their physical health and well-being including onsite gyms fitness classes, health club reimbursements and healthier cafeteria options.
Life is complex and everyone has lot of priorities that often compete with each other. A little love and appreciation, coupled with some support from employers goes a long way toward helping alleviate daily burdens and creating a more energetic, focused and productive workforce that’s driven to really help your company succeed.
For more survey findings, including the top 5 things employees wish their employers cared more about, check out the full survey report.
We want to know! How does your organization show your employees you care about them and value them? What’s worked? How have your employees responded? Got tips for your peers? Share them in the comments.