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There’s been another win for women in the business world: a recent report has revealed that 83% of UK employees believe women make better bosses than men. That’s more than two-thirds of the British workforce.
Around the world, women have been stepping into more key roles, and multiple businesses have been thriving as a result.
When it comes to this particular study, it was found that female leaders were understood to be better at multi-tasking, organizational skills, and key areas of leadership.
83% of employees viewed female leaders as more empathetic to their issues and concerns, with 69% believing women were more approachable and supportive and a further 74% stating that female bosses had a more collaborative leadership style.
This was research carried out by the British Business Excellence Awards, with the group director stating that promoting and nurturing female leaders has a positive impact on both “business performance and employee satisfaction.”
An Emphasis on Employee Satisfaction
A key point here is employee satisfaction. Looking at the report, a number of employees referenced collaboration, empathy, and support as key traits of strong leadership. In this way, the impact on business performance goes hand-in-hand with the impact on employee satisfaction.
According to another study conducted in 2022, employees who were engaged at work were more likely to be productive consistently, which led to higher performance and productivity. Companies with high employee engagement end up being more profitable by as much as 21%.
Employee engagement can be achieved through multiple methods, with one of the most reliable being specific programs that reward the productivity of employees and incentivize them to go further – visit incentivesmart.com for information on this. Coupled with programs like this, however, leaders need to have engagement at the forefront of their minds, ensuring that motivation is always high to avoid a drop in revenue and a high turnover rate.
The Route to an Excelling Company
Where certain male leaders seem to be failing, then, is in the area of employee engagement and motivation. In the US alone, it has been reported that 85% of employees are not engaged at work, with millions leaving their jobs in 2022 citing a lack of motivation, progression, support, and because they felt they were overworked. With high turnover rates being one of the main causes of failing businesses, this is something that must be avoided at all costs.
As a leader, employee engagement can be achieved through empathetic views to their concerns, a collaborative approach to tasks, and all the support that is required for both their work and their individual circumstances.
If employees feel that they’re listened to and appreciated, they’ll feel more comfortable in the workplace, more motivated to make a positive impact, and will subsequently improve the overall business’s performance. This is just one of the areas where female leaders are excelling, but it’s a key area in the business landscape. The more businesses and their leaders work to engage employees, the better the chances of future success.