As a business owner, it’s likely that you’re continually searching for new ways to get the most from your employees and improve your company’s bottom line. While there are a lot of ways to go about this, one option that has proven fruitful for many businesses is job enrichment. This practice comes with some inherent advantages that can positively impact your company and puts employees in a position to thrive.
What is Job Enrichment?
This term is defined on Business Dictionary as “A job design technique that adds new sources of job satisfaction by increasing the level of responsibility of the employee. It’s a vertical restructuring method by virtue of giving the employee additional authority, autonomy and control over the way the job is accomplished.”
Job enrichment shows that you have a considerable level of trust in your employees and that you feel like they’re capable of taking on bigger tasks. It can also serve as a way for fine-tuning existing skills and often provides employees with added motivation.
If you have a sales rep who has proven to be skilled and has consistently exceeded expectations, you might expand his sales territory and put him in charge of handling bigger clients. The purpose would be to give him an opportunity to enhance his sales skills and become a more integral part of your staff.
First of all, job enrichment is a surefire way to build employee confidence. By assigning more challenging tasks and increasing levels of responsibility, it shows that you believe in your employees and trust that they have what it takes to succeed. In turn, this should make your employees feel more self-assured and confident in their own abilities.
Next, it provides the opportunity for employees to enhance their existing skills and learn new ones. This is important for minimizing any boredom that an individual may feel after completing repetitive, redundant tasks for months or years on end. Often times, job enrichment is like a breath of fresh air that can stave off stagnation and give employees a new sense of purpose.
Finally, there seems to be a correlation between job enrichment and decreased levels of absenteeism. This makes sense when you think about the increased level of engagement and participation that come along with job enrichment. As a business owner, this should definitely pique your interest because less absenteeism means less friction with operations and fewer headaches on your end.
The Big Picture
When you combine all of these benefits, it ultimately leads to your employees being more engaged and satisfied with their jobs. Why is this important? Happy employees tend to be more productive and stick around for longer. In the grand scheme of things, this can contribute to better workplace morale where workers are more invested, genuinely enjoy their jobs and view it as more than simply earning a paycheck. This can lower your turnover rate, boost profitability and improve your bottom line.