Employee Engagement Ideas and Strategies for 2024

Offer Richer Employee Professional Development Opportunities  

Professional development opportunities such as workshops, courses, certifications and attending industry conferences are highly prized as they contribute to career advancement and skill acquisition.  

Training is a great way to show that you are invested in your employees. Training initiatives can range from career development opportunities to financial wellness programs. By showing that you are invested in your employees’ professional and personal lives, you are encouraging loyalty and engagement. 

Provide Greater Pay Flexibility

It’s no secret that many employees look at pay as an indicator of their happiness at work. If an employee feels they’re not getting enough support for financial wellness, they may consider looking for a new job.

By offering modern pay solutions that provide flexible pay, you are again encouraging employee satisfaction and loyalty. If you’re unable to increase pay, there are other ways to make wages more valuable. If you can’t raise salaries, how can you make your pay feel different? 

Offer Financial Wellness Benefits

Offering outstanding financial wellness benefits can make a meaningful difference for employees. They can get a better hold of their finances, leading to more financial wellness and less stress. 

Offer Rewards and Recognition 

According to Survey Monkey, 82% of employees consider recognition as integral to their happiness at work and 63% of employees who are often recognized at work are less likely to look for a new job opportunity in the short term.¹¹

Companies should consider how they can meaningfully reward and recognize their employees to show their appreciation.

Employees often value rewards that enhance their job satisfaction and personal growth beyond a salary increase. Public recognition through awards, “Employee of the Month” titles, or features in company communications can boost morale and motivation. 

Health and wellness benefits like gym memberships, wellness programs or mental health support services show a company’s commitment to employee well-being. 

Additionally, perks such as extra vacation days, on-site amenities like free meals, child care facilities or transportation benefits are also greatly appreciated. These rewards not only make employees feel valued but also encourage a loyal and positive work environment.

Focus on Work-Life Balance for Employees 

Employers can promote work-life balance by offering flexible schedules, remote work options and additional paid time off. Encouraging regular breaks and providing wellness programs also helps. 

As companies look for new ways to improve employee engagement, one possible approach is to shift from a work-life balance perspective to a work-life support approach and build an employee-focused pay experience. 

Leverage Worktech Platforms To Enable Productivity 

Your company is likely already using a number of Worktech platforms. Tools like Zoom, Slack and Google. However, many of these tools also play a significant role in your employees’ personal lives. Worktech platforms can transform various aspects of our lives ranging from how we communicate to the way we schedule our lives and the way we get paid.

Earned wage access, similarly, is a worktech product that helps employees manage their finances. Earned wage access is now commonplace for companies, especially those with Gen Z workers, who simply expect everything in their lives to be “on-demand.”

Worktech has certainly evolved to play a big role in our lives inside and outside the office. These work tech solutions and vendors have evolved to adapt to not only what helps people to be more productive, but make their lives easier. 

Leverage Employee Engagement Platforms 

Employee engagement platforms (also referred to as employee engagement software) refer to various tools, platforms and services designed to improve overall employee engagement for a company through feedback, surveys and other tracking tools. 

According to Built In, some of the most popular employee engagement platforms include Culture Amp, 15Five and Betterworks.¹²

Learn more about how the DailyPay Solution may improve employee engagement.