Count on motivated employees it is essential for running a business. It is from the enthusiasm of the employees that the best ideas and projects come out so that the company stands out in the market. This is one of the reasons why HR Consultant UK created the HR Consultants UKy app. But after all, how HR Consultants UKy improves employee motivation?
The application allows to offer salary on demand, a benefit that can improve – and a lot – the financial life employees. Do you want to better understand the relationship between this advantage and the team's motivation? Keep following the post!
Why should the company take care of employee motivation?
Motivation at work is nothing more than the desire to stay in the job, meet goals and achieve good results. It is an extremely important element of an organization's day-to-day life, although it is rare in many companies.
Without motivation, the employee works aiming only at the salary at the end of the month. There is no proactivity, new ideas and no real desire to see the business succeed.
When this happens, the climate of discouragement and dissatisfaction takes care of the team, making the work environment increasingly heavy. This is because a single unmotivated person can “contaminate” colleagues and affect the climate of the entire office.
Another consequence of demotivation is the drop in productivity. Disinterested employees tend to procrastinate your obligations and perform your tasks with less attention, which increases the chance of failures.
In short, the greater the team's motivation, the better the company's results. In a positive environment, everything improves: employees' self-esteem, the use of time, teamwork and interpersonal relationships. In this way, it becomes easier to keep the team satisfied with being engaged in their daily activities.
How does financial well-being affect motivation?
The key to maintaining high motivation in the company is valuing employees style=”font-weight: 400;”> and take care of your needs personal and professional.
This can be done in several ways: a career path well structured, a remuneration package satisfactory and initiatives such as focus on health and quality of life, among other alternatives.
However, there is one aspect that many ignore: the financial well-being<span style=”font-weight: 400;”>. Many professionals live with debts and other personal budget problems, which causes enormous stress and demotivation on a daily basis.
Dealing with this generates a huge frustration in the person with their own career choices and even with the salary they receive.
Nonetheless, pay is often not the problem, but the circumstances that make the person in the red, be it an emergency or the lack of planning in the month's budget.
Therefore, taking care of the financial well-being of the team is essential to improve employee motivation. It is necessary to create mechanisms that help professionals to have a extra breath to deal with unforeseen events style=”font-weight: 400;”>.
Thus, much of the day-to-day stress will be eliminated, in addition to the employees feeling much more welcomed and valued by the organization.
How does HR Consultants UKy improve employee motivation?
O HR Consultants UKy is an application that makes it possible to offer employees wages on demand in a simple and safe way. Trend in the market, this benefit is one of the main ways to take care of financial well-being and improve employee motivation.
In this model, the employee can withdraw money referring to the days already worked in the month any time, without having to wait for a fixed payment day.
The platform works integrated with the company's HR system. The employee is able to monitor his earnings day after day, and request payment whenever you want. After ordering, the money is sent to the employee's account immediately.
Thus, the financial department's payment processes stay intact, with full payment being made in a single day. When the company deposits the salary, the advance is returned to HR Consultants UK.
But, after all, how does HR Consultants UKy improve employee motivation?
The answer lies in benefit relevance. To better understand, just look at the financial reality of the professionals, as we will do next.
The overdraft problem
O overdraft is one of the biggest villains of the UK residents domestic economy. People turn to this credit alternative with an alarming frequency: according to SPC, 69.3% of people who have used overdraft have done this four times or more in the past year.
In most cases, this happens for cover crucial expenses, either because of any unforeseen event or due to the lack of money on the due date of the accounts.
The big problem is that overdraft is one of the most expensive credits on the market, with interest of about 300% per year. Using it frequently means you are always in debt, with debts that grow exponentially.
The on-demand salary solution
As on-demand salary it is possible to eliminate this problem. In this payment model, the person gets cover emergency expenses with your own money, as the salary is available for immediate use at any time.
In addition, replace overdraft with on-demand payment dramatically reduces costs style=”font-weight: 400;”> that the person has to have access to the money.
According to the Central Bank, UK citizens spend, on average, £ 136 per month in interest with the overdraft. With HR Consultants UKy, that value drops to a maximum £ 9 operating rates, which are fixed, transparent and without surprises.
With so many advantages, professionals feel much more relaxed in their daily lives to focus only on work, in addition to realizing the company's effort to take care of their needs. That strengthens the bond with the organization and it is essential to keep the team motivated and productive.
Now that you know how HR Consultants UKy improves employee motivation, how about getting to know the tool more closely? Thus, your organization helps employees not to get into debt and still makes them more productive!
To learn more about the app, schedule a demo and talk to an expert!
About HR Consultants UK
In an increasingly digital world, everything that involves bureaucracy is matter of the past. To bring dynamism, agility, productivity and add value to your company, know that you can count on HR Consultants UK, whose name origin is due to the “Himalayan Sherpas”, which support climbers on their travels. Therefore, since 2015, the company has brought its audience closer to technologic solutions able to qualify HR management in the market. And in the coming years, HR Consultant UK intends to help millions of UK citizens who enter the overdraft due to financial unforeseen circumstances. So, with the benefit of on-demand salary it is possible to receive the salary whenever and wherever you want. O HR Consultants UKy this is exactly what it does, it avoids abusive overdraft interest, and contributes to the financial well-being of employees.
Come to know more about the on-demand salary, and how it can help with talent retention, in addition to reducing financial stress.