We’ve all heard the saying: “your employees are your biggest asset.” But what if your employees could be something more? There’s no denying that employees are an extremely valuable part of your company. But referring to them as assets implies some form of depreciation, when in fact, most employees increase their relevant skills over time, and therefore, grow in value. Employees should be treated as investors in your company.
After all, they are one of the chief stakeholder groups. In a monetary sense, they are stakeholders in regards to their salary and their job security. Investing in the success of your company ensures their own financial success.
They should also, by nature, invest in a more personal sense because they want to feel fulfilled in their career. And fulfilled employees work harder for you because it makes them happy. As such, there are a few different ways that employees can be, and should be, investing in your company.
Investors in Themselves
First and foremost, an employee is looking out for his or herself. Odds are that he or she applied for a position with your company in the hopes of fulfilling some kind of personal desire. It may have been because they felt that your company aligned with their desires or allowed them to exercise their best skills. It might also have been because they were attracted to the salary or benefits.
Whatever the reason, it’s important to recognize that the employee as an individual person will come before the employee as a part of your company. Employees decide how much of themselves to invest in the company. A valued and engaged employee turns into a loyal employee, and a loyal employee makes a larger investment in your company.
Investors in Others
Another important part of a company’s dynamic is how employees interact as colleagues. An employee’s work experience is greatly shaped by their colleagues which comes back around to company culture. Once your employee feels that their desires and needs are being met, they will start to look for more areas in which to invest. The employee, your investor, is now investing in themselves and in their colleagues, who they see as a worthwhile investment. When everybody is investing in each other, productivity and performance will rise.
To ensure that this happens, create a collaborative office environment where employees feel safe and supported. If one engaged employee is an investor, then their fellow colleagues are likely to follow suit. Ultimately, what your company really needs to survive is not one investor but continued investments from multiple investors- the employees.
Investors in Your Company
Employees aren’t your average financial investors. Anybody can invest some money into a company- Person A’s money has the same value as Person B’s money. But Person A’s skills and talents are not the same as Person B’s skills and talents. Ideally, an employee invests in themselves, their colleagues, and their employer- the company. When an employee’s investments in themselves and their colleagues provide them with satisfactory returns, they will be ready to invest in a more long-term fund. It’s crucial to create a company environment that encourages investment. After all, an investor wouldn’t invest in a company that they deem risky. Factors like low employee turnover, high satisfaction ratings, and a good reputation are signals to an employee that an investment in their company will yield a significant return.
Ideally, the investing should be symbiotic. The employees invest their time and skills in your company and your company invests money and resources in its employees. Through this continual mutual development, both the company and the employees grow and flourish.
Start engaging your employees the right way and schedule a demo of Ohana today.