It’s time for an upgrade: how upgrading your equipment can increase employee engagement

Calling all business owners and managers! Want engaged staff?

We can help, and it’s a strategy that might not even be on your radar.

Think about the equipment you use daily. How important is that equipment in getting your job done? Chances are that the equipment you use plays an important role in getting your job done efficiently.

No one wants to encounter a slow computer, broken auger, or outdated equipment. That’s why your equipment matters. When it comes to employee engagement and productivity, new equipment can make getting the job done that much easier. If you’re a business owner or manager, then you definitely want to learn more about the effect equipment can have on staff engagement.

Why new?

According to a survey done by Robert Half, on average, employees waste 22 minutes each day tackling IT-related issues. That translates to a shocking 91 hours per year.

Updating your equipment means that your employees can get the job done effectively. Plus, employees are more likely to enjoy their work when they have equipment that saves them time and allows them to be more productive.

How productive? A study by the University of Oxford found that when employees are happier, they are 13 percent more productive. Shiny new tools can be a great way to show your staff how much you care. When staff feel appreciated, they’re happy, and when they’re happy, they’re productive.

Showing your employees you care

There are plenty of ways to show your staff you appreciate them. CWB National Leasing is one of Canada’s Top 100 Employers, so we know a thing or two about building morale! Our leadership team provides periodic bonuses in the form of cash, time off, fun events, volunteer opportunities, and perhaps most importantly, the tools we need to be successful in our roles.

Supplying your staff with new tools can make them happier and more inspired, and all you had to do is supply them with new equipment, (which your business needs anyway).

This is really a win-win situation. Actually, it’s win-win-win: your customers are more likely to get a better customer experience from your staff, which could improve their chance of providing valuable referrals!

Take it from us, customers relaying their awesome experience with your brand via social media or word of-mouth is the most valuable promotion you can earn.

“When you have happy employees, you have an engaged workforce,” says one of our CWB National Leasing colleagues. “Engaged employees talk about the brand more, and customers sense their excitement.”

Finding the right fit

While providing new equipment leads to productive, enthused staff, some companies struggle to find the budget for a potentially large outlay of cash.

This is where CWB National Leasing comes in. Leasing equipment comes with a smaller (or sometimes no) outlay of cash, than buying equipment outright or securing a traditional loan. By leasing equipment, you can enjoy the increased productivity of your staff without damaging your cash flow.

Contact us to put equipment engagement to work in your business, creating motivated staff, with new, (or used) cutting-edge equipment.

Unsure of where to start?

If you’re wondering how our leasing process works or want to learn even more about the business benefits of leasing, check out this fun video that explains the process.