Social interaction is a critical component of a positive work environment, and companies should strive to foster connections among all workers, including contingent and gig workers. One effective way to do this is by providing opportunities for social interaction and team building activities. And this is true of online and remote workers as well.
A study by Gallup found that employees who have a best friend at work are seven times more likely to be engaged in their job. Companies should encourage social interactions and foster connections among all workers, regardless of their employment status.
Incentives and recognition programs are powerful tools for motivating and engaging workers. Companies should consider offering incentives and recognition programs for their contingent and gig workers, just as they do for their traditional employees.
According to a study by Aberdeen Group, companies that offer recognition programs have a 31% lower turnover rate than those that do not. By offering incentives and recognition programs, companies can help foster a sense of belonging and engagement among their contingent and gig workers.
TCWGlobal knows that by showing appreciation to team members it reinforces their value and significance in the organization, thereby bolstering their motivation to continue to strive for excellence.
By recognizing their efforts and achievements, it fosters a sense of engagement, not only with their individual responsibilities, but also with the larger organizational goals. Furthermore, this practice of appreciation cultivates an enthusiastic work environment, making them excited about their job, thus leading to higher job satisfaction and productivity.
Offer Incentives and Recognition Programs
TCWGlobal prioritizes social interaction both internally and externally—we can help you organize contractor holiday parties and other gatherings! One company holds regular happy hour sessions online to just hangout, remember gathering and talking is important for building an engaged team.
Foster A Sense of Purpose
Workers are more engaged and productive when they feel their work has a purpose beyond earning a paycheck. Companies can help foster a sense of purpose by communicating how their work contributes to the company's mission and values. And reminding each one that their work matters.
According to a study by Deloitte, 73% of gig workers who feel connected to their employer's culture and values believe their work has a positive impact on society. By helping contingent and gig workers understand how their work contributes to the greater good, companies can help foster a sense of purpose and engagement.
Internally, TCWGlobal consistently emphasizes the importance of our mission and values, ensuring that everything we do is simple, beautifully designed, consistently aligned, and puts service first. And for us, it’s worked: 85% of our workers have said that our mission is important to them. We regularly allow our team members to take paid time off to volunteer in the community.