From disengaged to dedicated: how to increase staff engagement
Engaged employees are not just productive; they're dedicated, motivated, and willing to go the extra mile.
However, disengaged employees can lead to decreased morale, lower productivity, and high turnover rates. More worryingly, studies show that 85% of employees are not engaged at work.
So, how can employers bridge the gap from disengagement to dedication?
One effective strategy is to provide cost-saving benefits that promote healthier, more active lifestyles while making employees feel valued. Keeping staff happy is an essential aspect of this strategy.
The Power of Cost-Saving Benefits
Incorporating cost-saving benefits into your employee engagement strategy is a win-win for both employers and employees.
By offering attractive incentives that enhance employees' wellbeing and save them money, businesses can foster a culture of appreciation and care. When employees feel valued, they are more likely to engage with their work, contribute their best efforts, and align themselves with the company's mission.
Here are some practical ideas for staff engagement.
Ideas for Staff Engagement
The Cycle to Work, Gym and Retail Discount schemes are powerful tools
1. The Cycle to Work Scheme
The Cycle to Work scheme is a prime example of a cost-saving benefit that encourages healthy living while also reducing commuting expenses.
By offering this scheme, employers enable their staff to purchase bicycles and cycling accessories at discounted rates, using a salary sacrifice arrangement. Having the option of using a bike to commute to work helps them save money on other forms of transportation, such as public transport or fuel for their car.
This initiative not only promotes a more active lifestyle but also contributes to reducing carbon emissions and traffic congestion.
When employees opt for cycling, they engage in a physical activity that boosts their health and overall wellbeing, ultimately leading to increased job satisfaction and productivity.
2. Gym Discount Scheme
Physical health and mental wellbeing are closely interconnected. Studies show that employees who exercise have 40% fewer poor mental health days a month!
A Gym Discount Scheme, therefore, can significantly impact employee engagement by encouraging them to prioritise their health.
By providing discounted access to local gyms or fitness centres, employers enable their staff to save money, relieve stress, and maintain their fitness levels.
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3. Retail Discount Scheme
While wellness-focused benefits are crucial, employees also appreciate perks that enhance their quality of life beyond the workplace.
A Retail Discount Scheme is a fantastic way to provide employees with tangible savings on everyday purchases, alleviating financial stress while at the same time positively affecting their engagement levels.
Bravo Benefits provides a Retail Discount Scheme as an exciting employee benefit, offering staff various discounts on products from numerous retailers. Employees can opt for discounts on gift cards, vouchers, and even larger expenses like holidays and recreational activities.
Interested? Learn more.
The ripple effect: happier and more productive employees
Implementing cost-saving benefits like the Cycle to Work, Gym and Retail Discount schemes go beyond financial savings. They create a ripple effect that transforms the workplace environment. By focusing on how to make employees happier, you can create a more engaged workforce.
Employees who feel supported in their financial wellbeing are likely to experience increased motivation, lower stress levels, and higher job satisfaction.
According to a study by Gallup, this heightened sense of fulfilment translates into a 21% increase in profitability and a 17% increase in productivity!
Investing in employee wellbeing pays off
Businesses cannot afford to overlook the importance of employee engagement. Disengagement can lead to a cascade of negative effects that impact the bottom line.
However, by providing cost-saving benefits that promote healthier lifestyles and demonstrate genuine care for employees, organisations can turn the tide.
Cycle to Work, Gym and Retail Discount schemes are invaluable tools that not only save money for employees but also invest in their overall well-being.
By offering these benefits, employers create a workplace culture that values and supports its employees, resulting in a workforce that is not only engaged but also dedicated to driving the organisation's success.
So, if you're looking to transform disengaged employees into dedicated champions of your company, consider integrating these cost-saving benefits into your engagement strategy and reap the rewards of a healthier, happier, and more productive workforce.