While some businesses are suffering great losses due to the pandemic, many others have been able to increase their gains. The latter should take care to not forget about their employees in this difficult time. Since traditional perks are no longer feasible, companies have to improvise to provide incentives to employees that will boost their morale and keep productivity levels high.
Providing Financial Incentives
Traditionally businesses have always relied on providing incentives to employees, to increase motivation. However, in-office incentives, such as free lunches, unlimited beverages, on-premise gyms, have become obsolete in the era of coronavirus. Since everyone is working from home, employers have to come up with creative solutions to offer incentives to the employees. Firstly, businesses have to take into consideration financial reimbursements for home internet, new equipment, or simply cash equivalent bonus.
Employees, today, are also considerate of the community they function in. Our reports have found that 76% of millennial employees consider businesses as a force of positive influence in the community. In the pandemic, this sense of social responsibility has increased. Businesses can use schemes such as providing free lunches to gig workers when they deliver meals to the employees as an incentive method. Delivering lunch or coffee to parents, who are working during the day and taking care of kids at night thereby being unable to step out for a moment, can be a good way to boost morale.
Role of Technology in Increasing Productivity
Companies have to understand the role of technology in enhancing work meetings. Better lighting and sound systems can greatly improve participation in meetings. Since many employees are using Zoom to join meetings virtually, it becomes difficult to take notes throughout. Investing in technology that facilitates both tasks can be a good step to make meetings more dynamic. Now that work is becoming remote, a greater need for standardization, regarding IT platforms and equipment, is felt. Employees can perform better if the better part of their day is not spent troubleshooting their systems. Standardization also ensures that all the employees, regardless of physical location, are on the same page.
Being Physically Fit
Most jobs have employees sitting at their desks, for long hours, which leads to a lot of health risks. Physical fitness has largely been overlooked by companies for years. The least businesses can do is try to reimburse the gym memberships to their employees. Within the company, activities can be encouraged, or contests can be held that center around physical activity. It will not only help employees be more active and motivated but will also increase the sense of camaraderie in the company.
Employees have to be physically fit to be at their peak thinking capacities. Virtual events can be a way to bridge the gap between physical and charitable activities. Promoting virtual fitness events and matching employee fundraising is the correct way to build unity and peace into the company. Encouraging employees through incentives, both material and moral, will lead to increased productivity and innovative thinking.
Looking After Mental Health
While access to mental health services should be the norm in a company, during a pandemic it has become an essential feature. The lack of social engagement, due to the absence of a traditional workplace, has become a deterrent in the productivity levels of many companies. Once employees become disengaged, it becomes difficult to boost their productivity. Video communication can be helpful in overcoming isolation. Though employees might be camera-shy at first, there are benefits to this exercise. Additionally, the frequency of check-ins and company-wide meetings has to be increased, since all workers are remote now.
Supporting the mental well-being of the employees is dependent on tackling each case individually. Everyone has different reasons for stress. For example, parents working from home cannot keep the same schedule now that they have to take care of their children's education simultaneously. Flexibility in the schedule goes hand-in-hand with remote work.
The Bottom Line
There might be a silver lining to the pandemic after all, as companies are acknowledging the need to be more humane in dealing with employees. The more you invest in employees, the more they will give back. Happier and healthier employees mean a prospering and robust business.<< back to Blog