February 23, 2021 | Insider Engage
How much do you trust your workforce to do their best? The Covid-19 crisis has opened many employers’ eyes to what researchers have been saying for decades – employees want to do a good job and the more they are trusted to do so, the more productive they are.
Pandemic lockdowns have demonstrated that people are at least as productive remotely as they are in the office, and often thrive with less regimented working days. Trust is the keyword when it comes to capitalizing on this development and the (re)insurance world has lessons to learn.
The pandemic has focused minds on the human side of productivity – people’s motivations, needs and the ability to balance work with other commitments.
Amit Ranjan, chief administration officer at Xceedance, spoke with Insider Engage about how corporate purpose can unleash employee potential. He says: “Monetary compensation can drive positive results but may not lead to enhanced productivity over time. More emphasis can be placed on ensuring team members understand the purpose of their work.”
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