Don’t be too quick to dismiss emotional intelligence.
It’s an effective way to bring the most out of the people you work with.
Using tools such as the MBTI will help you put your employees in the best position to succeed. Creating a safe work environment helps you establish a healthy work culture where everyone shares the same goals, which will only enhance productivity.
Here’s a look at 3 different benefits you enjoy when you create a psychologically safe workplace.
1. It’s Easier To Keep Your Team Motivated
Don’t make the error of thinking that money is the end-all-be-all solution to motivation in the workplace. The experiences your employees have on a daily basis have a substantial impact on their ability to stay engaged. When people lack motivation, they start to get quiet, drift off and performance suffers as a result.
Using MBTI to your advantage, you can make time for the intangibles that impact how your employees feel about their job. Simple things such as knowing how to recognize your employees goes a long way. It’s likely that people with thinking personalities want to be acknowledged on their specific contribution to the job. Feeling types tend to be more concerned with the overall end result.
Knowing how to recognize and empower all types of employees keeps them engaged and productive. Small things like the source of the recognition can also make a difference in how the feedback is received. These are intangibles which you can predict using tools such as the MBTI. Creating a work environment that focuses on these small things helps to create positive experiences for your employees.
2. You’ll Be Able To Grow Your Company From Within In
One of the best ways to grow your company for the future is to promote from within. Developing talent yields long-term results that only benefit your company. Promoting from within ensures you get the right person for the right job and that you inspire your other employees, letting them know they have an opportunity for advancement.
One of the main reasons employers don’t promote from within is they fail to see commitment in their employees. However, in a psychologically safe workplace, employees are given a chance to develop the skills that they need to grow beyond their current position. Providing training opportunities, varying responsibilities and allowing employees to influence their work environment are all ways you can nurture talent.
Psychologically safe workplaces prioritize things such as workload management, respect and clear expectations. These are all critical aspects in keeping employees with potential around instead of losing them to competitors in your field. These intangibles lead to positive experiences which build morale and trust in the organization.
3. You’ll Experience Long-Term ROI
The long-term benefits of focusing on mental health in the workplace are what’s going to set companies apart in the future. A study from PricewaterhouseCoopers found employers can expect an average of 230% return on every dollar their company spends on creating a mentally healthy workplace.
As an employer, doing nothing only costs you more in the long term. Poor mental health at work leads to cases of depression and anxiety which not only ruins personal lives but also affects your bottom line. Employees coming to work depressed, sick and stressed causes them to perform their work under less than ideal circumstances, which is known as presenteeism. Studies show presenteeism is 2 to 5 times more common than absenteeism. In most workplaces, presenteeism is eating away at productivity.
There’s no quick way to create a psychologically safe workplace. It takes proper training, time, trial and error. However, the benefits of creating a culture that encourages employee well-being are numerous. Creating a safe work environment will increase job satisfaction, efficiency and help you develop a team that goes above and beyond.
Learning what makes your team tick and how they work makes it possible to create a safe environment for all. Ignoring mental health eats away at productivity levels and morale. Developing emotionally intelligent leaders is an essential factor in building your company for the future.