12 August 2016

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.

Table of contents

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 workers.

2. El 89% de las empresas asumen que sus empleados cambian de empresa en busca de un incremento del sueldo. Sin embargo, solo el 12% de los empleados gana más en su nuevo trabajo.

Not all employees leave for money. Work motivation is also based on recognising good work, something 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.

77%% of workers state that they would get more involved in their job if they felt their achievements were recognised.

The vast majority of employees state that the company's recognition of their work is essential to their job motivation.

5. El 56% de los responsables de RRHH están preocupados porque sus empleados dejen la empresa.

If an employee doesn't feel recognised, it's highly likely they will look for an exit from the company to find renewed motivation in their career.

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

Incentive and social benefits programmes have a direct effect on talent retention.

7. Talent retention can generate between 25%% and 85%% increases in company profits.

Maintain the know-how In a company, it is vital to achieve financial objectives by the end of the year. Companies capable of retaining their best employees will be able to maximise their profits.

8. El 68% de los consumidores no volvería a comprar un producto o servicio si no ha recibido un buen trato por parte de los empleados.

Employee motivation affects both their mood and that of the customers. Motivating those employees who have direct contact 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 inclined to be loyal to its products or services.

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

Employee morale directly affects their performance. An appropriate incentive plan can boost motivation and, consequently, their productivity.

These statistics demonstrate that motivating your employees is fundamental to the success of the company. Integrating incentive or social benefits systems will help your employees feel more valued and committed, which will translate into better performance and, therefore, the achievement of better results.

Edenred Spain