Emotional Compensation – A Powerful Employee Engagement Strategy

Across organizations, a lot of importance is being given to the seven universal human needs that motivate people to thrive at work. These include respect, recognition, meaning, belonging, autonomy, personal growth, and progress. These needs comprise emotional compensation. Meeting these needs results in connections that instill positive emotions and makes the employees feel connected to their work and colleagues.?

Connections developed through emotional compensation have dramatically increased the chance of retaining employees.?

Why it is Important to Focus on Emotional Compensation

As per a recent study, emotions are the driving factors behind engagement. Enthusiasm, inspiration, empowerment, and confidence are some emotions that can engage employees. Therefore, as a part of their employee engagement strategy, organizations should encourage and empower their managers and leaders to foster these emotions among their teams. Out of all the emotions, being valued is the basic emotion that enhances engagement.?

It is important to focus on such emotional needs because it leads to -

• Better customer satisfaction?
• Improved productivity and efficiency?
• Reduction of staff turnover?
• Lowered absenteeism?
• Better business outcomes?

Read this blog to learn more about how to create a culture of emotional engagement and how to support the managers in your organization to provide emotional compensation –?

https://numly.io/blog/have-you-explored-emotional-compensation-as-an-employee-engagement-strategy/