When an employer employs, he creates a connection between the employee and the employer in addition to adding a new member to the organization. Successfully developing a solid relationship increases the likelihood that both parties will be content and devoted to one another. Both of them determine how tight these ties are. Employee engagement is frequently a result of this interaction, which fosters high employee morale and thriving workplace culture. It significantly contributes to the success of the businesses. Gallup’s report on employee engagement shows that companies with a highly engaged workforce have 21% higher profitability. They also have 17% higher productivity than companies with a disengaged workforce.
- The employer goes through the resumes.
- The interviews are conducted, and background checks are performed. A job offer is extended.
- Finally, the right candidate is hired. Although the hiring process can be stressful for candidates, it can also be very stressful for employers.
An applicant for a job merely needs to submit an application, attend an interview, and wait. To discover just one candidate who is ideal for the position, a company must sift through hundreds of applications and conduct dozens of interviews. When that job offer is eventually accepted, it’s a day to celebrate. However, this stage of the procedure is far from the light at the end of the tunnel. Hiring is just the start. The hiring and interviewing process may be over, but the following step—establishing a working relationship—is just as crucial. However, this stage of the procedure is far from the light at the end of the tunnel. Hiring is just the start. The hiring and interviewing process may be over, but the following step—establishing a working relationship—is just as crucial.
When building a strong employer-employee connection, you must take into account a few key factors:
- Knowing one another: Understanding each other’s strengths and shortcomings is crucial for the beginning of a strong relationship. Identifying their shared and distinctive characteristics, helps people comprehend one another.
- Free Communication: An open line of communication between an employer and employee is essential. They end up being on the same page, heading in the same direction and working towards the same thing as a result. A Gallup meta-analysis found that companies with engaged workforces are up to 22% more profitable than competitors with lower engagement numbers (Gallup)
- Acknowledgement & Recognition: Employers need to keep in mind that praise and reward are just as significant as criticism.
- Create development plans for employees: Make an employee development plan for each team member to go along with their performance reviews. This will make it possible for your team to see the road to success and give them confidence that their management has their best interests in mind.
- Boost Motivation: Look for strategies to motivate your employees better so that you may maintain a positive employee/employer connection. Strong bonds can be created while working on a particularly challenging project by engaging in activities like keeping an eye on the big picture, appreciating the results, taking frequent breaks, and maintaining good health.
Therefore, a good working relationship can positively affect the business. Some of them could be:
- Less conflict at work: Conflicts are less likely to occur in a welcoming workplace. When workers cooperate and achieve a common objective, their trust in one another grows stronger. In turn, this makes them more effective by preventing confusion and escalating discord.
- Accumulated Productivity: Just as was previously indicated, happy employees are more productive, which increases revenue for the firm. The reason for this is that when the workplace is enjoyable, motivation and morale both rise. And when workers are content, they are more likely to offer their all at work. One study found that highly engaged workplaces see a 10% increase in customer ratings and a 20% increase in sales (Qualtircs)
- Higher rate of engagement: Employee engagement has a direct tie to the organizational relationship. The majority of employees consider their relationship with their employer to be important to their job happiness, according to research by the Society for Human Resource Management. Because they feel valued, personal relationships can encourage employees to develop and commit to the company for the long term.
- Increased Retention Rate: Businesses that support good relationships are more likely to succeed because it helps them win over the trust of their devoted employees who choose to stick around. It is preferable to invest in building a solid relationship rather than investing in fresh searches to avoid the business loss because they won’t leave the team and organization, saving on recruitment, hiring, and coporate training.
The development of a close employer-employee connection may not be as simple as it first appears. However, the moment you begin spending time on them, you’ll realize that this is the best course for growing your company.