51 Ideas to Increase Employment Engagement in 2023

Are you a CFO or Finance Leader struggling to increase engagement in your organization? You’re not alone; it’s estimated that only 20% of employees are engaged on the job. The good news is that there are more ways than ever to engage, motivate, and keep motivated employees for long-term success.

We have compiled 51 ideas designed to help you create an environment where all employees can be engaged, motivated, and productive in their jobs. In this blog post we will discuss how no one solution works for every workplace—so stay tuned as we explore different ideas and approaches tailored to each unique setting. Check out our list of must-haves if you want to develop employee engagement strategies with proven lasting results!

1. Recognition and appreciation program: Investing in recognition programs can boost employee morale and productivity, ultimately leading to higher profits for the company.
2. Peer-to-peer recognition program: Empowering employees to recognize and reward each other can improve team dynamics and foster a culture of positivity and support.
3. Professional development opportunities: Providing professional development opportunities can increase employee skills and knowledge, leading to improved job performance and higher profitability for the company.
4. Skills training workshops: Offering skills training workshops can increase employee expertise, which can lead to higher-quality work and improved efficiency.
5. Career path planning and development: Investing in career development can improve employee retention, which can save the company money on recruitment and training costs.
6. Wellness programs and initiatives: Encouraging employee wellness can improve productivity, reduce absenteeism, and lower healthcare costs for the company.
7. Flexible work schedules: Offering flexible work schedules can improve work-life balance, which can increase job satisfaction and retention rates.
8. Remote work opportunities: Providing remote work options can save on office expenses and increase employee satisfaction.
9. Mentoring program: A mentorship program can improve employee engagement and retention by providing guidance and support for career growth.
10. Cross-functional team-building activities: Team-building activities can improve communication and collaboration across departments, leading to more effective teamwork and increased productivity.
11. Diversity, equity, and inclusion training: Providing DEI training can improve workplace culture, reduce turnover, and enhance the company's reputation.
12. Employee resource groups: Employee resource groups can create a sense of belonging and community within the workplace, which can improve employee engagement and retention.
13. Town hall meetings with senior leadership: Regular town hall meetings can improve communication between employees and leadership, increasing transparency and employee satisfaction.
14. Open door policy for feedback and communication: Encouraging open communication and feedback can improve employee morale and productivity, leading to better business outcomes.
15. Employee surveys for feedback and insights: Regular employee surveys can provide valuable insights into workplace culture and employee satisfaction, which can inform decision-making and improve engagement.
16. Family and team bonding events: Family and team bonding events can improve employee morale and strengthen workplace relationships, leading to more effective teamwork and higher productivity.
17. Volunteer opportunities and community service programs: Encouraging volunteerism can improve employee morale and engagement, while also enhancing the company's reputation and social impact.
18. Quarterly or annual team outings: Regular team outings can improve employee morale and strengthen workplace relationships, leading to more effective teamwork and higher productivity.
19. Social media recognition and celebration of employee achievements: Recognizing and celebrating employee achievements on social media can improve employee morale and engagement, while also enhancing the company's brand reputation.
20. Company-wide meetings and events: Regular company-wide meetings and events can improve communication and collaboration, leading to more effective teamwork and higher productivity.
21. An employee of the month or year award: Recognizing outstanding employees can improve morale and engagement, while also promoting a culture of excellence and hard work.
22. Employee referral program: Offering referral bonuses can save on recruitment costs and incentivize employees to bring in top talent.
23. Employee wellness challenges: Encouraging employees to participate in wellness challenges can improve overall health and reduce healthcare costs for the company.
24. Work-life balance programs: Offering work-life balance programs can improve employee engagement and retention, leading to higher productivity and profitability for the company.
25. Wellness coaching and counseling services: Providing wellness coaching and counseling services can improve employee mental health and wellbeing, leading to improved productivity and engagement.
26. Ergonomic and comfortable workspaces: Investing in ergonomic and comfortable workspaces can improve employee health and reduce absenteeism, leading to higher productivity and profitability
27. Team-building retreats: Team-building retreats can improve employee communication and collaboration, leading to more effective teamwork and higher productivity.
28. Internal leadership training programs: Offering internal leadership training programs can develop the skills of future company leaders, which can lead to better decision-making and improved profitability.
29. Employee recognition through bonuses or incentives: Offering bonuses or incentives to recognize outstanding employee performance can improve morale and motivation, leading to higher productivity and profitability for the company.
30. Employee empowerment through decision-making authority: Empowering employees with decision-making authority can increase engagement and ownership, leading to higher productivity and improved business outcomes.
31. Employee stock ownership plans (ESOPs): ESOPs can improve employee morale and retention, while also providing tax benefits and potentially increasing shareholder value.
32. Innovation challenges and hackathons: Encouraging innovation through challenges and hackathons can lead to new ideas and solutions that can improve profitability and competitive advantage.
33. Company-wide wellness challenges: Offering company-wide wellness challenges can improve employee health and well-being, leading to reduced healthcare costs and improved productivity.
34. Employee suggestion programs: Creating a program for employee suggestions can improve engagement and innovation, leading to improved business outcomes and profitability.
35. Technology and software training: Providing technology and software training can improve employee skills and efficiency, leading to improved productivity and profitability.
36. Employee-driven corporate social responsibility (CSR) initiatives: Encouraging employees to drive CSR initiatives can improve engagement and social impact, which can enhance the company's reputation and potentially lead to increased profitability.
37. Employee financial education and planning services: Offering financial education and planning services can improve employee financial well-being, leading to reduced financial stress and increased productivity.
38. Health and wellness fairs: Hosting health and wellness fairs can improve employee health and wellbeing, leading to reduced healthcare costs and improved productivity.
39. Internal job shadowing and mentorship programs: Offering internal job shadowing and mentorship programs can improve employee skills and knowledge, leading to improved job performance and increased profitability for the company.
40. Employee recognition through company-wide announcements: Recognizing outstanding employee performance through company-wide announcements can improve morale and motivation, leading to higher productivity and profitability.
41. Company-wide volunteer days: Hosting company-wide volunteer days can improve employee engagement and social impact, enhancing the company's reputation and potentially leading to increased profitability.
42. Charitable donation matching programs: Offering charitable donation matching programs can improve employee engagement and social impact, which can enhance the company's reputation and potentially lead to increased profitability.
43. Peer-to-peer feedback and recognition: Encouraging peer-to-peer feedback and recognition can improve team dynamics and foster a culture of positivity and support, leading to higher productivity and profitability for the company.
44. Employee recognition through public speaking opportunities: Recognizing outstanding employee performance through public speaking opportunities can improve morale and motivation, while also promoting a culture of excellence and hard work.
45. Employee recognition through written testimonials and case studies: Recognizing outstanding employee performance through written testimonials and case studies can improve morale and motivation, while also enhancing the company's brand reputation.
46. Creative employee benefits packages: Offering creative employee benefits packages can improve employee retention and engagement, leading to higher productivity and profitability for the company.
47. Corporate university or continuing education programs: Offering corporate university or continuing education programs can improve employee skills and knowledge, leading to improved job performance and increased profitability.
48. Health and wellness challenges with rewards: Offering health and wellness challenges with rewards can improve employee health and wellbeing, leading to reduced healthcare costs and improved productivity.
49. Employee-driven innovation and idea-sharing platforms: Encouraging employee-driven innovation and idea-sharing through online platforms can lead to new ideas and solutions that can improve profitability and competitive advantage.
50. Employee recognition through promotions and advancement opportunities: Recognizing outstanding employee performance through.
51. Vesting cash bonuses: Vesting cash bonuses can be a great way of aligning your employee's goals with the company and helps lead to a more engaged environment.

Employee engagement is a crucial aspect of any organization's ability to thrive and remain competitive in today’s ever-changing business landscape. It pays to be proactive about enhancing employee accessibility, appreciation, and involvement. The 51 ideas outlined above are just a few of the strategies companies should think about implementing to increase employee engagement in 2023.

Engagement can help drive efficiency, profitability, and retention, so organizations should make sure they recognize employees for their unique talents and understand what drives them. Armed with these ideas as well as some understanding of their own workplace culture and staff needs, companies can create an environment that fosters connecting with meaningful work that positively impacts the bottom line. Get your ultimate guide to employee engagement here and start putting the strategies into action so you can reap the rewards of an engaged team!

Learn more with the Ultimate Guide to Employee Engagement here.

Keep Financial offers a vesting cash bonus that can help incentivize employees to find a shared purpose and commitment to the organization that helps keep top talent on board. 

To learn how Keep Financial can help you deliver valuable, flexible compensation that fits the needs of today’s workforce, schedule a demo today!