When I tell people that my job is helping companies find out what makes their staff happy at work, I almost always get the same reaction. “But that’s obvious, it’s money that makes people happy at work!“.
Cold hard cash, salary, remuneration package – call it what you like. That’s what people THINK makes them happy at work. But the data tells a different story.
From years of doing this type of research, our evidence suggests that money is not one of the key drivers of employee engagement within organisations. It might play a role in temporarily increasing morale, but that’s the thing – it’s a temporary fix. People soon forget the pay-rise and are quickly back to having issues with other aspects of the organisation.
This week, Google announced that they have given their staff a pay increase as an indirect result of feedback received from a recent piece of employee research. I’m sure they know what they are doing, but this smacks a little of short term-ism to me.
The organisations which benefit most from the rewards of enhanced employee engagement are the ones that are taking action on the REAL driving factors. These tend to be related to management style, feeling valued for your contribution and career opportunities. The pecking order of these factors will vary hugely by type of company (size, industry etc.).
I’d be interested in your comments on this. What do you think are the 2 key factors which make YOU happy in your work. Please use the comments box below or visit our Facebook page and join in the Discussion there >> http://on.fb.me/c82zlgBack