Do Happy Teams Work Harder?
Welcome to the July 2024 edition of my NRG Insights Newsletter!
Summer has well and truly arrived, and I'm excited to share some hot insights to help you thrive.?
In this edition, I'm focusing on how happy teams work harder than unhappy ones, and how you can boost workplace harmony to increase productivity and staff retention.??
Here’s what’s to come:
?? 6 Proven Ways to Boost Team Happiness and Productivity
Ever wonder if happier employees are more productive? Check out my latest blog on the importance of happiness at work and why taking a break this summer could be key to better health and enhanced employee wellbeing.
?? UK Salary Guide?
Stay ahead with our latest salary insights. Ensure your team's pay is competitive with our comprehensive UK Mortgage Broker Salary Guide.
?? Podcast Feature
Don’t miss Marcus Nanson CeMAP ’s chat with Lorenzo Satchell from Hampshire Trust Bank on "Balancing Health and Success" – with a lot of the discussion focusing on achieving success without compromising your wellbeing.
?? Meet Our Team
Get to know Aemie Romero – a vital part of our team. Find out what makes her tick and how she contributes to the success of NRG Resourcing
Let’s start from the top…
6 Proven Ways to Boost Team Happiness and Productivity
The mortgage and lending industry has faced its share of challenges in recent years.?
Economic ups and downs, new regulations, and market shifts have made this a stressful field to work in.
That’s why it’s more important than ever to create a happy and productive work environment. Happy employees are more engaged, motivated, and productive.
In fact, research from the 英国华威大学 found that happiness led to a 12% increase in productivity. Additionally, the Harvard Business Review reports that happy employees are 31% more productive.
So, to help you get the most from your team, here are six proven strategies to boost team happiness and productivity in your brokerage.
1. Promote Work-Life Balance
Balancing work and personal life is crucial for a happy, hardworking, and de-stressed team. Here’s how you can encourage it.
Flexible Working Hours: Allow employees to set their own hours within a certain range to manage personal commitments better. This can increase job satisfaction and reduce burnout.
Remote Work Options: Let employees work from home one or two days a week.?
Encourage Time Off: Promote the use of holiday days and support employees in taking the time they need to recharge. Time off shows that employees who take all their holiday days are 34% more likely to receive a bonus or raise.
2. A Supportive and Inclusive Culture
Creating a supportive and inclusive work environment is essential for employee happiness and productivity.
Open Communication: Encourage an environment where employees feel comfortable sharing their ideas and concerns.?
Diversity and Inclusion Programmes: Implement initiatives that promote diversity and inclusion, ensuring all employees feel valued and respected. A diverse team brings varied perspectives and can drive innovation.
3. Recognise and Reward Contributions
Recognising and rewarding employees for their hard work can significantly boost morale and motivation.
Regular Recognition: Implement a system for regular recognition of employee achievements, such as monthly awards or shout-outs in meetings. This shows employees that their efforts are valued.
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Monetary Rewards: Provide bonuses, gift cards, or other financial incentives for outstanding performance.?
Growth Opportunities: Offer opportunities for career advancement, such as promotions, skill development programmes, and leadership training. Investing in your employees' growth shows that you value their future with the company.
More?
For the final 3 points in this blog, check out the full post on our website now. Click here.?
Have you got yours yet…?
I’m excited to offer you "The UK Mortgage Broker Salary Guide." This guide provides detailed insights into the earning potential of mortgage brokers across the UK, from entry-level to top-tier positions.
Don't miss this opportunity to benchmark your or your team's salary against industry standards.
Balancing Health and Success with Lorenzo Satchell
In this episode of NRG Insights, Marcus was joined by Lorenzo Satchell, Sales Director at Hampshire Trust Bank.?
Lorenzo shares his career path in financial services, the challenges his team faces in the current market, and a personal health scare that has reshaped his outlook on life and work.
Get To Know - Aemie Romero
In the spotlight this month is Aemie R. , an important member of our team at NRG Resourcing. Aemie, with over five years of experience in the industry, plays a crucial role as our Operations Coordinator.?
Aemie's attention to detail, organisational skills, and critical thinking make her a great asset to our team.
We put a few questions to Aemie so you could get to know her a little better, here are her answers:
What's the most unusual or interesting job you've ever had?
Most interesting would definitely be my role at NRG. I get to be with an amazing team that makes me feel supported and helps me grow professionally even though I'm a world away
What would your warning label say if every person came with one?
I can't choose haha but something like "Beware: Might bite until given coffee" or "Warning: Once speech capabilities turn on, they cannot be deactivated."
If you were to become famous, what would it be for?
Either for writing or singing
Another chance...
What Next?
Thank you for reading! I’ll be back soon with the next edition.
Don’t forget to subscribe, and if you’re seeking a new role, or aresearching for new talent, please click on the appropriate link to book a call with me today.