Without breaking the bank!
http://blogs.hbr.org/cs/2011/12/what_great_companies_know_abou.html
Deidre Campbell argues that there is a direct correlation between employee investment and the company balance sheet. I agree with her. I'm sure the results from her surveys are legitimate. But, I think that there are things an organization can do to achieve employee satisfaction, that don't cost money.
Communication
People want to feel valued. In addition to providing a good benefits package, organizations must involve employees in the business. To foster organizational commitment, communicate directly, rather than letting employees find out about important business decisions through the grape vine.
Feedback
To achieve optimal employee performance, provide clear expectations. Regular debriefing with staff lets them know that their work is important in the big picture of the organization. It is also an opportunity to receive input from staff. When employees feel that their job tasks are significant, they will display commitment to the organization.
Fostering Creativity
Every person has a desire to fulfill their potential. The ideal work environment is one where we are working to achieve this. One way to do this is to provide employees with opportunities to display skills that they don't normally use in their jobs. This has the potential to stimulate creativity, and generate new ideas for the organization.
Just a few thoughts I had while reading Campbell's article. Every organization should invest in their staff, perhaps focussing more on intrinsic needs, rather than extrinsic, material ones.
