A recent study conducted by TINYpulse, a company that provides weekly employee engagement surveys, found that transparent management styles, which many merely consider “nice to have,” may be more beneficial to a company than previously believed. The survey was conducted through over 300 organizations, and the 40,000 responses received indicate that there is a strong correlation between the transparency of management and employee engagement. Based on the findings, here are 3 ways that we here at Incentive Solutions feel your management team can use to motivate your employees:
Transparency = Happiness = Engaged And Productive
The survey drew an incredibly strong link between transparent management styles and employee happiness. 94% of those surveyed said that this management style either made them happier, or their transparent management style made their employees happier. You may read this and think, “so what if they’re happy?” But the survey also notes that happy employees are much more engaged and committed to their company’s goals and success. The cost of making your management team more transparent is exactly zero dollars, but requires the time commitment of keeping an open dialogue between the upper offices and the ground floor.
One thing the survey found that most managers (82% of them) excelled in was the clear outlining of roles and responsibilities of their teams. They performed well at establishing roles and then making sure that their team was held accountable to those standards. This accountability is important if you want your team to function as a cohesive unit that’s working to meet your objectives instead of pursuing their own goals. Keeping the “trains running on time” will help your employees remain engaged in completing their work in an efficient manner.
The survey did find that managers were lacking in sharing the mission, vision, values and goals of the company with their employees. Out of those surveyed, only 42% responded that managers were sharing these things with lower level staff. The survey states “too many executives are not communicating and reinforcing their company’s guiding principles and mission.” Unfortunately this causes a disconnect between management goals and employee work behaviors. Many employees work harder and are more committed to your company’s goals and objectives when they understand the purpose of it all. This is especially true for millennials who want value and a “purpose” built into their job. Without it they feel directionless and may seek other jobs.
What it all boils down to is that your employees want to feel like they’re part of something greater than themselves. When they do, they work harder because they care more. The feel invested in your shard outcome. When your employees do feel engaged, they’re up to 87% more productive in their jobs. That’s a big number and what equates to much more revenue for you. The best part is all of the things we’ve mentioned here are free aside from a time investment.
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