10 statistics on work motivation for Human Resources

How employee motivation affects company performanceDo incentive programmes pay off? Here are 10 statistics that show that motivation is crucial to achieving good results.

Employee motivation is one of the main concerns of HR managers. There are many ways to improve employee motivation. However, incentive and benefit programmes are often the most effective in boosting employee engagement with the company.

If you are hesitating to implement a benefits or social incentive system in your company, consider these 10 statistics on their effect on employee motivation.

Statistics on the effect of motivation on employees

1. 86% of companies already have incentive or recognition schemes in place for their employees.

Most companies understand that such a system is necessary to keep motivation high among their employees.

2. 89% of companies assume that their employees change companies in search of a pay rise. However, only 12% of employees earn more in their new job.

Not all employees leave because of money. Work motivation is also about recognising good work, something that not all companies know how to do.

3. 40% of employees do not feel appreciated by their company.

Many workers feel that they are not valued as they deserve to be in their jobs.

4. 77% of workers say that they would be more involved in their work if they felt that their achievements were recognised.

The vast majority of employees say that recognition of their work by the company is essential to their work motivation.

5. 56% of HR managers are worried about their employees leaving the company.

If an employee feels unrecognised, he or she is likely to look for a way out of the company to find motivation in his or her career again.

6. An incentive or social benefits programme motivates more than 60% of employees to stay in their jobs.

Incentive and benefit programmes have a direct effect on talent retention.

7. Talent retention can generate between 25% and 85% of incremental profit for the company.

Maintain the know-how in the company is vital to achieving financial targets at the end of the year. Companies that are able to retain their best employees will be able to maximise their profits.

8. 68% of consumers would not buy a product or service again if they had not been treated well by employees.

Employee motivation affects both employee morale and customer morale. Motivating those employees who deal directly with customers is vital for customer loyalty and retention.

9. Companies with higher levels of employee engagement are able to increase customer loyalty by 50%.

If customers perceive that employees are committed to the company, they will be more likely to be loyal to its products or services.

10. An incentive programme can increase employee productivity by up to 44%.

The mood of employees directly affects their performance. The right incentive plan can boost motivation and, consequently, productivity.

These statistics show that motivating your employees is critical to your company's success. Integrating incentive or benefit systems will help your employees feel more valued and engaged, which will translate into better performance and therefore better results.