Downsizing, brightsizing, layoffs…whatever you choose to call it, it’s those that are left within the company after these cuts that seem to really suffer from a decline in morale. Often, this comes from the simple fact that it’s hard not to think that the other shoe will soon drop and he or she will also be let go. For the company, this is dangerous because a decline in morale could significantly hurt productivity as well as customer satisfaction. So, it’s very important to invest in the employees that have been retained.
Oftentimes, and especially these days, cuts are made because of budget restrictions, so it’s not expected that a significant amount of money should be spent on such an effort. But as you’ll see, investing a little in your employees goes a long way to building trust in those individuals and thereby improving performance.
Here are a few simple things that you can do to invest in your employees and boost morale:
- Spend time in praise: One of the best things you can do for an employee is to recognize his or her contributions to the team and the company. The only word of caution is to make sure you understand whether each individual is more comfortable with public or private praise. Depending on personality, you could really punish a person by praising them in public. Knowing your employees better in this way is often achieved with personality tests.
- Reward with time off: Add a day or two to existing paid-time-off (PTO) in order to recognize an employee’s hard work and dedication. Employees value additional time with friends and families, so it will be greatly appreciated and will likely prove to have a good ROI for you.
- Place importance on health: Many studies have shown just how big an impact physical health and exercise has on productivity and overall morale in the workplace. In fact, a study by the University of Bristol in 2005 revealed that employees who exercised for a minimum of 30 minutes during lunch were more productive than those who didn’t. This meant they were better able to meet deadlines, focus on their work, and manage time.1 Employees have gone on to report that they “just felt better” after a workout.
- Invest in their futures: Training can be expensive, but it doesn’t have to be. Get creative and find ways to leverage the talents and skills within your own employee base for a little cross-training. You can also provide a fun-filled ½ day or full day of teambuilding activities just by exploring these types of activities using a Google search.
- “Workday workouts pump up employee morale, production,” New Orleans CityBusiness, Aug 1, 2005 by April Capochino, http://findarticles.com/p/articles/mi_qn4200/is_20050801/ai_n14827332/. ↩