Victor Mitchell, CEO of Lead Funding, Reveals 5 Things that Increase Employee Satisfaction | The Odyssey Online
Start writing a post
Health Wellness

Victor Mitchell, CEO of Lead Funding, Reveals 5 Things that Increase Employee Satisfaction

Different things work for different people when it comes to having a productive work ethic.

132
Victor Mitchell, CEO of Lead Funding, Reveals 5 Things that Increase Employee Satisfaction

According to a Gallup poll conducted in 2013, around 63 percent of workers surveyed across countries all over the world claimed to be disengaged from their jobs. In other words, almost two-thirds of employees are unhappy in their current positions, although not necessarily enough to quit. Instead, they tend to push through each working day with little energy and enthusiasm, while a further 24 percent despised their jobs altogether.

The same study found that only 13 percent of workers felt actively engaged with their jobs, genuinely enjoying their typical working days and taking their responsibilities seriously. Unsurprisingly, these workers tend to be the most loyal and productive ones, since they have a genuine interest in the direction the companies they work for are heading.

Naturally, not all employees share a deep connection with their employer and company. However, Victor Mitchell, a life-long entrepreneur and successful businessman who has successfully founded, acquired, and/or turned around numerous diverse business ventures over the past 30 years, firmly believes in five elements conducive to greater employee satisfaction:

1. A Good Team

Studies have shown that by far the most common reason people like their jobs is that they like the people they work with. After all, it shouldn't come as any surprise that a workplace without a team-driven atmosphere can be an awkward and unpleasant working environment for everyone involved. It's difficult to have everyone get along at all times, but building a good team is undoubtedly crucial to success.

Morale in the workplace is heavily determined by the integrity of your team and how people work together to complete common goals. While no employer wants to sacrifice productivity, it is essential to adopt a work-hard-play-hard philosophy by allowing time for personal projects, encouraging teamwork through fun team-building activities, and recognizing both individual and group achievements.

2. Flexibility

Many organizations adopt an unyielding approach that feels like a soul-destroying chore to become a part of. Those office cubicle farms, fluorescent strip lighting, and grey carpets hardly make for pleasant places to work in. While building a comfortable, bright, and enjoyable workplace is essential for keeping your employees happy, it's also important to give people a reasonable degree of flexibility.

When employees have the freedom to work independently, make improvisations, and feel their actions and decisions are supported, they'll feel more responsible and more important. The risk of becoming disengaged with the job will be significantly less as well. Some ways to increase workplace flexibility include allowing employees to work at home on occasion or choose flexible working hours.

3. Productive Work Ethic

Having a good team and a pleasant physical environment to work in is essential, but those factors alone will not lead to a productive work ethic. After all, no employer wants their staff to be having fun during working hours if it comes at the expense of productivity. A productive working culture requires clear communication and trust above all else, as well as recognition of good work.

Different things work for different people when it comes to having a productive work ethic. Some work better when they prioritize persistence, while others need focus, and others work better when under a sense of urgency. By recognizing the strengths of individual employees, you'll be better equipped to help promote and encourage their skills to increase their productivity.

4. Variety

Some jobs are inherently dull. For example, not many people would claim anything is exciting about data entry, accounting, or telephone marketing. Nonetheless, with creative thinking, it is possible to break the tedious routines typically associated with such jobs by adding some variety. When each day is slightly different, and there's an opportunity to learn new things, people will be happier.

To help keep employees engaged, it is essential to offer the option to carry out other tasks as much as possible. However, this solution may not always be possible, in which case you'll need to take some steps to make boring jobs less so. Short but regular breaks by the water cooler can help a lot, but others might work better when multitasking or setting themselves some productivity goals.

5. Being Challenged

If an employee isn't being challenged at work, then their job is just a job and nothing more. They won't ever have that feeling of pride they would have if they have just completed a challenging task, and there won't be that important sense of accomplishment that helps push people to work harder and earn greater rewards. Challenge often marks the difference between a follower and a leader.

The average person spends almost 100,000 hours of their lifetimes working, so it stands to reason that they want to spend this time learning, developing, and bettering themselves, rather than wallowing in boredom and frustration. Pushing employees to their limits by giving them new responsibilities might sound harsh, but when combined with a highly motivational rewards-driven system, it will more than pay off.

Final Words

Everyone needs to earn a living, but money is not the only thing that influences job satisfaction. Employers often underestimate the importance of other factors, instead offering pay raises to keep people happy. However, about half of the employees who accept such offers still leave within the next two years. When it comes to longevity and loyalty to the company, employee satisfaction cannot merely be bought.

About Victor Mitchell:

Victor Mitchell, 52, of Castle Rock, Colorado is a successful businessman and life-long entrepreneur who has founded or turned around varied companies ranging from wireless to technology to real estate services to finance. Currently serving as CEO of Lead Funding, Mitchell is widely known for his innovative business strategy.

Mitchell previously founded several successful wireless communications companies and turned around several others. His innovative management strategies allowed numerous "mom-and-pop" wireless retailers to achieve financial success by aggregating their selling power to bargain successfully for favorable rights from national wireless service providers. In 2000, one of his companies was named "Colorado Small Business of the Year" by the Denver Metro Chamber of Commerce. The Denver Business Journal placed Mr. Mitchell on its coveted "top 40 under 40" list of business executives, and Mitchell was also a finalist in Ernst and Young's nationally recognized "Entrepreneur of the Year" contest.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
Featured

15 Mind-Bending Riddles

Hopefully they will make you laugh.

190332
 Ilistrated image of the planet and images of questions
StableDiffusion

I've been super busy lately with school work, studying, etc. Besides the fact that I do nothing but AP chemistry and AP economics, I constantly think of stupid questions that are almost impossible to answer. So, maybe you could answer them for me, and if not then we can both wonder what the answers to these 15 questions could be.

Keep Reading...Show less
Entertainment

Most Epic Aurora Borealis Photos: October 2024

As if May wasn't enough, a truly spectacular Northern Lights show lit up the sky on Oct. 10, 2024

14972
stunning aurora borealis display over a forest of trees and lake
StableDiffusion

From sea to shining sea, the United States was uniquely positioned for an incredible Aurora Borealis display on Thursday, Oct. 10, 2024, going into Friday, Oct. 11.

It was the second time this year after an historic geomagnetic storm in May 2024. Those Northern Lights were visible in Europe and North America, just like this latest rendition.

Keep Reading...Show less
 silhouette of a woman on the beach at sunrise
StableDiffusion

Content warning: This article contains descriptions of suicide/suicidal thoughts.

When you are feeling down, please know that there are many reasons to keep living.

Keep Reading...Show less
Relationships

Power of Love Letters

I don't think I say it enough...

457916
Illistrated image of a letter with 2 red hearts
StableDiffusion

To My Loving Boyfriend,

  • Thank you for all that you do for me
  • Thank you for working through disagreements with me
  • Thank you for always supporting me
  • I appreciate you more than words can express
  • You have helped me grow and become a better person
  • I can't wait to see where life takes us next
  • I promise to cherish every moment with you
  • Thank you for being my best friend and confidante
  • I love you and everything you do

To start off, here's something I don't say nearly enough: thank you. Thank you, thank you, thank you from the bottom of my heart. You do so much for me that I can't even put into words how much I appreciate everything you do - and have done - for me over the course of our relationship so far. While every couple has their fair share of tiffs and disagreements, thank you for getting through all of them with me and making us a better couple at the other end. With any argument, we don't just throw in the towel and say we're done, but we work towards a solution that puts us in a greater place each day. Thank you for always working with me and never giving up on us.

Keep Reading...Show less
Lifestyle

11 Signs You Grew Up In Hauppauge, NY

Because no one ever really leaves.

26665
Map of Hauppauge, New York
Google

Ah, yes, good old Hauppauge. We are that town in the dead center of Long Island that barely anyone knows how to pronounce unless they're from the town itself or live in a nearby area. Hauppauge is home to people of all kinds. We always have new families joining the community but honestly, the majority of the town is filled with people who never leave (high school alumni) and elders who have raised their kids here. Around the town, there are some just some landmarks and places that only the people of Hauppauge will ever understand the importance or even the annoyance of.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments