Why Valuing Others Is a Two-Way Street
We are all five-year-olds in bigger clothes. We all want to feel we matter and that we are valued. We want to believe that we are worthy and that it’s safe to contribute and share our thoughts and ideas without fear of ridicule. Employees who feel they are an important member of the work team perform better, which in turn results in a more positive company culture and greater productivity. A recent survey by the American Psychological Association (APA) found that employees who feel valued at work are more likely to report better mental and physical health, which includes higher levels of engagement, satisfaction, and motivation, when compared to respondents who said they felt undervalued. The study indicates that 93% of participants who reported feeling valued said they are motivated to do their best at work and 88% reported feeling engaged. Among the participants that reported feeling valued, just one in five (21%) intend to look for a new job in the next year as opposed to the 50% who said they do not feel valued.
Research confirms the number one reason people quit their jobs is because of their manager – in essence, they are actually quitting their boss rather than their jobs. In fact, many people who leave their jobs truly like what they are doing but still leave because of those difficult relationships. To strengthen employee engagement and retention, valuing others is essential. This goes far beyond a paycheck. It’s allowing them have a voice and enabling them to share in decision making, problem solving, and overcoming challenges as well as giving a compliment or recognizing their contributions. In addition, spending one-on-one time and getting to know others as people, not just employees, goes a long way to building a healthy culture. Value your employees, and they will value you.
Everyone wants to be appreciated, so if you appreciate someone, don’t keep it a secret.
– Mary Kay Ash
Holly Bognar, PhD