As humans we are brilliantly complex and beautiful creatures. But underneath all our weird and wild quirks there’s one thing that ever single person on the planet craves - and that’s meaning.
We thirst for meaning and for purpose, in life and in the work we do. In fact so much that employees who lack a sense of meaningfulness at work are 87% more likely to leave than those who do. Our own study - Fighting Turnover - also backs that up ranking meaningfulness as the third most significant factor that impacts turnover.
So meaningfulness matters. But what do we mean by it?
Putting it simply, meaningfulness refers to a sense of purpose, including how connected your team feels to their work and how motivated they are. If your employees feel like their work has meaning they’re more engaged, happier, will take less sick days, and are far less likely to quit.
In fact, employees who find work meaningful improve their performance by 33% and they’re 75% more committed. The downside? Only half of employees say their work is meaningful..
A strong sense of meaningfulness makes perfect business sense. That’s why measuring meaningfulness is one of the factors our engagement platform tracks. With this in mind, how can you increase meaningfulness for your employees and boost its temperature when you track it? Let’s dive into it…
If you have a strong purpose, it gives employees a sense of meaning and significance in their roles. When employees understand how their work contributes to your organisation's larger mission and societal impact, they’re more likely to find their tasks meaningful and fulfilling.
Ask yourself if your employees know what they’re working for and if they understand your company’s purpose. It doesn’t have to be complicated but it should be aspirational. Aim high. This is your chance to inspire your employees by capturing their hearts and their imaginations.
Take some of these examples of purpose and mission statements:
Don’t be scared of setting your sights high or daring to change the world. By having a clear purpose, and transparency to go with it, it makes it much easier for your employees to buy-in to what you’re doing, where you’re going and their own role in helping you get there.
If you double-down on caring about your employees, making an effort to understand them, asking them what they need, and taking their feedback on board then you will, by default, improve the meaningfulness of their work because they’ll be more invested in it. Want to find out more? Here's 8 principles that helps you to successfully build a culture of feedback.
Take Montcalm London as an example. By using our AI-driven engagement platform, Montcalm were able to move away from asking their employees generic questions and, instead, ask relevant questions based on previous responses.
By asking the right questions, at the right time, and personalising to their employees, Montcalm were able to promote the company’s culture and create a sustainable space for people to share openly and honestly, while also knowing they’ll be heard. The result? An increase in eNPS by 13%, from +16 to +29. Wow!
Positive reinforcement involves recognising and rewarding employees for their achievements, contributions, and efforts. When used effectively, it can significantly enhance their perception of meaningfulness in their roles.
And it ties back to purpose too. Positive reinforcement often highlights how employees' efforts align with your goals and mission. When employees receive feedback that explicitly ties their work to the bigger picture, they develop a clearer understanding of how their contributions contribute to your success, leading to a stronger sense of purpose.
With this in mind, you should strive to give feedback related to specific behaviours, since it helps employees join the dots between what they do every day and the positive impact it has on the larger organisation. Over time, it will nurture belief that the organisation cares about the employees and their work.
What’s more, regular positive reinforcement can help reduce feelings of burnout and stress. Employees who receive recognition for their hard work are less likely to feel overwhelmed and more likely to experience a sense of balance and well-being, making their work feel more meaningful. You can get even more tips on how to protect your employees from burnout here.
Fostering meaningfulness is way more than a ‘feel-good’ initiative; it makes perfect strategic and business sense, bringing with it a whole host of benefits that will be felt across every level of your organisation. Even your customers will sense it!
But we know it could be a bit hard to measure (if you don’t have the right tool), which is why we’ve added meaningfulness as one of our engagement metrics. By simply keeping track of the temperature, you can see how meaningful your employees find their work… and adjust your engagement strategy depending on how they feel.
For more insight and to find out what your employees really want, download our guide Fighting turnover: What matters the most to employees in 2023. Grab your copy here. Or do you rather discuss how to boost your employees' meaningfulness with one of our engagement experts? Then contact us here.
If you are interested in finding out more about what Winningtemp can offer your organisation get in contact with our sales team.