By Dom’s calculations, if employees put in 60% of effort, it’s enough to not get fired. So just imagine the benefits of a wholly engaged staff with everyone putting in a further 40%.
“The Sunday Times Best Place to Work, having spoken to them some years ago, they said, ‘if you can get staff to feel engaged they’ll work 30% longer hours for 5% less pay and be happier than the people who aren’t engaged.’” Dom says.
He set about devising ways to encourage this extra 40%, realising that authenticity was key. “You can’t make people do it, they have to want to do it,” he says.
Another significant discovery was to be explicit about company values. “Quite often I’ll sit down and talk to people about values and they’ll say ‘integrity’, and you can’t have integrity as a value. Not that you shouldn’t have integrity, it’s just that nobody could pick the opposite of that as a competitive value.
“You couldn’t go to market and say, ‘We are the company with no integrity,’ so don’t say you are the company with integrity – or honesty or teamwork or efficiency – because none of your competitors are going to say anything different.
“You end up being beige. You end up just sounding and looking like everybody else.”
Related resources
- Click here to see more videos from the 2017 Happy Workplaces CEO conference
- Learning Nuggets from Dom Monkhouse, a two minute video from the Happy Workplaces Conference 2014
- The Happy Manifesto by Henry Stewart – click here to get your free eBook, full of great ideas for creating a happy workplace
- Happy Workplaces Have Lower Costs, a blog by Henry Stewart about how happy workplaces not only earn more, but have significantly lower costs