Your employees spend a lot of time at work. They’re not just names and faces on your staffing rosters but are directly responsible for the success or failure of your organization.
Maintaining strong relationships with them is essential to making the workplace a better place to be. Strong relationships between employees and employers have an impact on staff turnover, workplace morale, job satisfaction, and even the overall quality of life.
Ultimately, the employee-employer relationship is what makes an organization successful. The benefits of a strong employee and employer relationship include:
1. Fewer workplace conflicts
Conflicts reduce productivity and increase disharmony. Employees and employers spend most of their energy arguing and gossiping, instead of working.
When employees work at a place that feels comfortable, more like a home rather than a place full of cutthroat competition and conflicts, they work better. They’re less stressed, more trusting and treat each other well, which leads to fewer workplace conflicts. This, in turn, fosters better workplace relationships and great camaraderie.
2. Increased productivity
When employees feel happy to work for you, they are more likely to put forth their best effort and maintain a personal stake in the projects they work on. It makes them more dedicated and enthusiastic about their work.
Providing adequate compensation, recognition, and equipping your employees with the right tools for them to work better are some of the ways to increase productivity.
Such employees even surprise you by coming up with suggestions on improving processes and procedures. They voluntarily take up more responsibilities and learn new skills to get even better at their jobs.
3. Greater morale and motivation
Motivation is the reason for people’s actions, will, and goals. Your employees may have all the expertise in the world, but unless they’re truly motivated, they won’t achieve their full potential. Work seems easy when people are motivated. Empowering your employees, valuing their opinions and feedback, providing personalized and constructive feedback, and expressing interest in their work are all different ways to provide motivation and boost morale.
4. Employee retention and loyalty
Employees who do not have an amicable relationship with their employers are a flight risk and hence, more likely to leave. Some of these employees may possess skills truly valuable to your organization. It’s an established fact that the cost of acquiring new employees is much higher than the costs of retention. A key departure could end up being quite costly for the organization. People are less likely to leave an organization when they feel valued, appreciated, and receive recognition for their workplace achievements. In other words, when you’re constantly engaging with your employees, they feel happier, appreciated, empowered, and are far more likely to remain loyal. They know they have a good thing going.
5. Less absenteeism
Workplace stress is a major cause of employee absenteeism, wherein employees skip work often. This could be due to abusive behaviour at work, bullying, harassment, unrealistic goals and expectations, etc.
When there is a better bond between employees and employers, the employees feel a lot safer, less stressed, and well-cared for.
6. Increased revenue
Employees are the most valuable assets of any organization. The success of the organization depends upon their work. If they’re more productive, motivated to give their best every day at work, they do an excellent job, stay longer, and drive your business and revenue growth.
Employee-employer relationships are what make or break an organization. Happy employees are more productive and work harder to meet their employees’ expectations. This helps the organization grow and succeed, which brings in more revenue and more business.
That’s why working towards building strong relationships between employers and employees is well worth the effort.