9. Salary & benefits
Factors of employee engagement
Salary and benefits are determining factors for employee engagement and job satisfaction. An employee expects that the salary will cover the costs of living, offer room for savings or recreation and that an increase is possible. Working benefits are about non-monetary compensation. Employees increasingly need specific conditions, such as training and a healthy work-life balance.
It is one of the 15 drivers in the scientific Employee Happiness Model®.
Improve employee engagement through the 15 drivers of the Employee Happiness Model
It is important to gain insight into what makes your employees enthusiastic, happy and productive. What are their motives? You can find this out by scanning the 15 factors of engagement. But you can’t do everything at once. So first focus on the theme where you think the most impact can be achieved, simply or quickly!
Salary & benefits, together with the drivers Appreciation, Learning & development and Intrinsic motivation, forms the theme 'Job' in 2DAYSMOOD's Employee Happiness Model and measuring method.
15 drivers of employee happiness and engagement
Leadership, appreciation, work-life balance, ...
• The buttons to turn to increase happiness
• The 15 drivers: Employee Happiness Model
• The scientific basis i.c.w. Utrecht University
Employee Happiness Model > theme job
This theme is about what an organization can offer the employee in exchange for their work and the commitment that contributes to the overall performance of the organization. This can be about intrinsic factors (e.g. appreciation) and extrinsic factors (e.g. monetary).
By measuring how satisfied employees are with the four drivers in this theme, you discover in which ways they get satisfaction from their work and how you can (continue to) motivate them.
Checklist: how does salary and benefits influence employee engagement?
Positive influences on engagement
- Clarity about the salary scheme and the scales
- Possibility to participate in the success of the organization (for example through a bonus system, shares or a flexible salary)
- Conditions that contribute to a healthy work-life balance
Negative influences on engagement
- Lack of overview of salary and fringe benefits
- Special conditions for top managers and / or other positions in the organization
- Positive discrimination in the dissemination of employment conditions
AttentionThey are being heard!
FeedbackFast and anonymous
PerspectiveMore work happiness
InsightPoints to improve!
Data drivenMonitor effects
ResultsEnergetic work climate
Why (HR) directors investigate the 15 drivers
You can see the 15 drivers in the Employee Happiness Model as measurable factors that have a negative or positive impact on employee happiness and engagement. By increasing satisfaction with these factors, you can improve stress, vitality, productivity and employee turnover!
Within your own team(s), you can check how the drivers are doing, via our fast measuring method. You will work data-driven: through an analysis of satisfaction and importance, you discover where you can make impact immediately.
Leverage the science
Profit from happiness
Excitement and engagement in teams increases innovation power significantly
Focusing on happiness and well-being in teams leads to 80% fewer burnouts
39% of employees would work harder if they were happy in their job position
Do you want to increase happiness in your team or organization? Collect feedback on a specific subject? Monitor stress and satisfaction in real-time? Or do you need a baseline survey to get insight in the strengths and risks of your working climate?
We are happy to help with your specific challenge, using:
- Our expertise, experience and energy!
- Data from your teams (via a quick scan)
- Leave your details here so we can get in touch
- We will discuss your challenges and give advice
- After a live demo we will propose a starting plan
Questions for our strategic happiness expert?
Dr. Marvin Deitz
+1 877 560 5790