Most employees want a reasonable amount of “stretch” in their work because boredom can set very rapidly if they don’t. Risk comes with “stretch,” but it also brings the chance for coaching, assistance, and criticism.
Fremont, CA: With COVID-19’s numerous disruptive ramifications, worker availability and motivation may be at an all-time low. Before COVID-19, a rising percentage of employees were exploring better or different job possibilities outside of their current employment. In addition, employee perceptions of restricted or inadequate learning and development opportunities were enhanced by the pandemic.
Employee motivation to learn and grow is culturally cultivated.
Intrinsic motivators – those that come from within the employee — are the most effective and long-lasting motivators to learn, grow, and perform. Employers must provide more meaningful work and possibilities for growth and a sense of success – intangibles that do more to motivate employees than pay and other physical benefits. Many corporations’ principal tactic for “winning the war” for talent is to increase pay. As a means of attracting and retaining workers, the service sector has decided to raise wages dramatically. Increased costs, decreased revenues, and staff who may not stay are all disadvantages of this technique.
Employee learning and growth are becoming significant differentiators.
Most employees want a reasonable amount of “stretch” in their work because boredom can set very rapidly if they don’t. Risk comes with “stretch,” but it also brings the chance for coaching, assistance, and criticism. Feedback reveals insights, acknowledges effort, and helps re-direct “off-track” performance. Organizations with a strong feedback culture learn faster, engage their people more, and build a learning culture brand. To establish an engaging and respected learning/growth culture, various development choices must be provided. Traditional hands-on training programs, a professional development stipend, mentorship and coaching services, time off for educational pursuits, and comprehensive tuition reimbursement schemes are all factors that influence talent acquisition and retention efforts.