Condusive work environment grows productivity better than fat pay—new report
A new report on millennial employees has revealed that organizations seeking to create happy moments and fat salaries as a strategy for achieving improved productivity are in for hard times in the era of the millennials.
The research carried out by Nduneche Ezurike, a Marketing Communication professional and employee of a commercial bank in Nigeria has advocated a revolutionary shift in employee management in the modern workplace and corporations pay greater attention to creating enabling environment which harnesses individual talents in the work place.
Ezurike averred that “In the era of innovation, there is little correlation between organizations with the highest wage package and its net productivity”, hence he advocated a revolutionary shift in employee management in the modern workplace.
In his research work, “Employee MarketPlace – a study on employee engagement and workplace innovation in the millennial age”, he revealed that the Employee Marketplace is an engagement design which seeks to harness employee self-interest to unlock organizational benefits of innovation and business growth.
Continuing, he said ‘Employee Marketplace’ as a management model, “provides a new paradigm on multi-teaming, employee self-interest and enterprise innovation,” and argued that forward-looking organizations must deliberately renew their attention on the traditional three Cs: communication, collaboration and community.
He posited further that since engagement remains essentially an emotional activity involving passion, empathy and creativity, hence efforts to advance digital transformation must first understand employee self- interest and emotional intelligence.
In its executive summary, the report showed how leaders can take advantage of the creative energies and talents of the millennials to achieve innovation within the organization. The three-part Presentation include: a video documentary of professional perspectives on employee engagement, theoretical reviews of the subsisting practices of employee engagement as well as quantitative survey report which the convener conducted in partnership with the Chartered Institute of Bankers of Nigeria.(CIBN) titled “The Millennial Voice’
