In today’s extremely competitive marketplace, fair remuneration is no longer enough to attract and retain employees in an organisation. Instead, employers need to upgrade to the level of satisfying all their employees by offering additional perks that genuinely resonate with modern-day workers. Therefore, this article delves into what employees expects from their employers.
- 1 Top 10 Employee Expectations from Employers:
Top 10 Employee Expectations from Employers:
1.Defined Goals and Expectations
A clearly defined set of goals instils a sense of purpose among employees. Moreover, these goals must be realistic, achievable, and measurable. In addition, employers must chalk out their expectations from employees, who should get a clear comprehension of their objectives, responsibilities, and roles.
That said, companies should not mistake this as a one-time task. Rather, defining goals and expectations should be done periodically during a financial year on a monthly or quarterly basis.
2.Acknowledgement and Praises
It is imperative for an organisation to recognise the progress of employees, their achieved goals, and the job well done. Moreover, this should be done for the team as a whole. The same must be genuine as well so that employees find the much-needed motivation to keep learning.
Companies should give their employees ample opportunities to expand their abilities in newer areas. As a result, employees can get the necessary push to work on their skills and enhance them. In addition, employers should recognise individuals who have the interest and capability to grow and help them make progress in the company.
It goes without saying that communication is the key, especially when working as a team. This means that employers should maintain communication on a one-on-one basis with their employees or via emails, phone conferences, and meetings. Additionally, they must recognise that distance is no longer an excuse for poor communication or a complete lack of it.
5.Benefits on Group Insurance Plans
The satisfaction of employees depends primarily on financial security. In this regard, employers can extend a group health insurance policy to safeguard their employees from medical contingencies. Therefore, as an employer, you can take your pick from different group health insurance plans in order to protect your employees and their loved ones from the uncertainties of life – exactly what employees look for from their employers. Such a policy provides coverage irrespective of the employees’ age, gender, profession or socio-economic background.
Moreover, a group health insurance plan comes with lower premiums, ensures ease of operations, helps meet statutory obligations and allows an organisation to enhance its talent acquisition and employee retention. In addition, these policies have a hassle-free claim settlement process, which allows beneficiaries to initiate the process with minimal documentation.
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In an organisation, employees should be aware of where the company is heading. In fact, present-day employees appreciate transparency. Further, the communication channel between employees and managers should always be kept open. Additionally, it is imperative for an organisation to appoint effective leaders whom the team can trust.
Managers are often so busy that they do all the work instead of ‘managing’ them. Although it can be tough for a manager to delegate tasks, employees crave being trusted with a chore. Moreover, with this trust comes responsibility.
So, as an employer, one must question employees if there are more tasks that they can accomplish, which inculcates a higher sense of responsibility among them.
A company can only earn respect from employees if it respects them. So, instead of beating up a team, it should build them up. This also calls for employers to be more honest and open with employees.
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9.Trainings to Acquire Knowledge
Maintaining the current job skills requires continual training. This training is also important to acquire new skills, which will only help a company and its employees in the long run.
10.Positive Work Environment
It is critical while creating a positive and upbeat work environment that fuels self-motivation and pride among employees. In addition, when employees are proud and happy to be a part of an organisation, they do their job in the best possible way, which pays significant dividends for the company and its employee base.
With increasing competition to acquire the top talent, organisations that wish to excel must meet their employees’ expectations. By doing this, a company will ensure job satisfaction among employees and differentiate itself from the rest.