Retaining And Motivating Staff
A 5-point guide for HR professionals
Employee Engagement Blues
5 tips to fix it
Measuring Employee Happiness
Why is it a huge mistake?
Managing Millennials
Why HR needs to rethink employee recognition
Retaining And Motivating Staff
A 5-point guide for HR professionals
Employee Engagement Blues
5 tips to fix it
Measuring Employee Happiness
Why is it a huge mistake?
Managing Millennials
Why HR needs to rethink employee recognition
The workforce has evolved in recent years. Among the more notable changes are the rise of virtual staff and the influx of the millennials into the workforce. Yet many issues HR professionals face remain constant: reducing turnover, motivating staff, recognizing employees and driving engagement.
Employers with an eye for cost saving often want to take advantage of any tax and National Insurance contribution (NIC) breaks when they devise a remuneration package, but saving money on the salaries and wages bill is only part of the picture. It is important to remember that a benefit is only a benefit if the employee actually wants it.
A look at how to motivate and retain staff in industries with a high staff turnover. Acquiring and then retaining the most capable and competent professionals, or ‘talent’, is one of the main priorities for human resources managers. Nurturing your existing staff can help avoid a high turnover rate – your staff will be happier and more invested in your company. However, you need to consider this task with forethought and care.
Fact: As the weather gets drearier across America, so do workers levels of engagement. How do you increase employee engagement? In fact, according to a recent Gallup poll, only 30% of workers feel engaged with their current job. And, not just that: Estimates show that this disengagement costs US companies close to $500 billion a year. Ouch.
Many companies make this mistake, and it is understandable how it may happen, but it needs to come to a halt. Employee happiness and engagement are two different things. As an employee, you could be happy at work, but if you do not receive enough recognition, feedback, or have any opportunities for personal growth, you will never be engaged.
The arrival of millennials in the workplace is causing quite a stir. Why? Because they’re forcing employers to look very carefully at the conventional HR thinking. It is now clear that the practices that came into being during the industrial era no longer meet the challenges of managing millennials.
A flourishing economy, something greatly desired within and across countries, is dependent upon a multitude of factors, not the least of which is employee satisfaction. Employee discontent, therefore, is a matter of considerable concern. In fact, by logical extension, it should be viewed as a significant contemporary issue with global relevance. Why is employee dissatisfaction so important? The answer should be fairly obvious; it is because of the link between satisfied employees and productivity, especially as such relates to profit maximization and economic stimulation as well as individual and organizational health.
Myth: Making your employees feel like rock stars at their jobs must be elaborate and cost a lot of money. Truth: Sometimes the toughest part of rewarding employees is just coming off as genuine. Not spending money on extravagant gifts and prizes can actually make for a more personal form of recognition – one that requires face-to-face interactions and communication. After all, isn’t that the goal? Making your best employees feel appreciated and happy?
Recently, more and more of my clients have asked me to provide them with the most current advice on how to effectively use recognition efforts to drive excellence with employee engagement. During these consulting engagements, I train their managers on the most meaningful steps for recognition, as well as how to avoid the most common mistakes.