Basic Elements of Emotional Salary
Some fundamental elements of emotional salary that contribute to an individual’s emotional well-being and satisfaction include:
1. Recognition:
The recognition and appreciation an individual gets for his skills among colleagues and managers provides satisfaction to him. Recognition is being recognised for a job done well. Recognition can be in many forms like, employers can send employees a thank-you note for completing achievements, they can provide certificates, they can provide awards, etc. It will boost their confidence, and self-esteem, which will increase their loyalty, engagement, and motivation for work.
2. Autonomy:
The freedom that an employee receives in his workplace for completing his tasks, goals, etc., is called autonomy. For example, the employee is given the freedom to choose the teams they want to work with, choose projects they want to get involved in and choose a schedule for their work are some ways of increasing autonomy. It will boost their emotional salary, then they will feel free to show their creativity, expertise, and initiatives aligned with their strengths, and preferences. In this way, they will feel like an integral part of the company and can contribute to the decision-making process.
3. Learning Opportunities:
If there are learning opportunities available for employees such as a library of books, helping managers, and co-workers, and resources for practice and training like seminars workshops, etc., then they can learn from them and increase their skills, performance, and efficiency because of which they can contribute better for company. Learning is essential for individuals at personal and professional levels, as it helps in increasing potential. Day by day technology is improving, and people are learning new methods of doing work, so to move with the world continuous learning is important. To provide a proper work-life balance for employees, employers can take steps like providing flexible work arrangements, a supportive work environment, a reasonable workload, or personal time. It will increase their emotional salary, thus employees will be happier, be less stressed, and fulfil their personal as well as the company’s needs more efficiently.
4. Opportunities for Innovation and Creativity:
The opportunities an employee receives being a part of a company to show his creativity and contribution boosts the emotional salary of employees as it will enable them to stimulate their creativity, passion, and imagination to make a positive impact or difference in the organization. Employers can provide certain opportunities such as collaborative work opportunities, learning opportunities, challenging work, etc.
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