Every company wants to ensure that they make carefully considered investments. Employees, for instance, are one of the most valuable investments a business can make. Employers spend copious amounts of time and resources ensuring that their employees are properly trained and that they are provided with adequate benefits. Employers hope that this ensures long-term employee retention and that it will fortify the company’s overall future.
When attempting to compete for and retain the best talent available, employee experience is the name of the game. In fact, 83% of HR leadership rate employee experience (EX) as “important” or “very important” to their overall business success. EX keeps employees engaged in their day-to-day work and satisfied with their current positions.
Improving employee experience is a widely-accepted aspect of business. It’s a great practice, yet an astonishingly low number of organizations actively put work into their EX programs. A majority (60%) of employees in the US have a channel for giving feedback. However, on their employee experience, only 30% report that their employer actually uses insights from their responses to enact a positive change.
Whether you work at a startup, nonprofit organization, small business, or large corporation, remote work has become normalized in recent years. In fact, working from home is so normal, that over the last ten years remote work has increased about 91%. Although a large majority of companies have remote employees, many businesses still prefer that their employees come into the office every day to communicate face-to-face. Although traditional shared collaboration spaces work for some, remote work is a reality everyone will soon face. With the rise of the coronavirus, businesses everywhere are struggling to figure out how to manage their company without one central location.
Commuting to work is a thing of the past. More and more business owners are getting into the remote workforce trend. In fact, it has gained so much popularity that it has risen by approximately 115% in the last decade. Having a remote workforce is great because of its flexibility, but you may run into new issues that you would otherwise not have in an office. You may start asking yourself questions such as “How will I know what my employees are up to?” and “How will I ensure that my workforce still works like a team?” While there are systems to make sure that employees are staying productive, creating traditional workplace bonds between your remote team members will take a little more effort and creativity.
You keep putting off things you know are urgent to focus on busywork or doing nothing at all. As a result, you’re in a constant state of catch-up. The good news is the reason you procrastinate is not that you’re lazy. Instead, putting things off to the last second has more to do with internal fear.
Independence can be a scary word for an employer. Employers may think that independence means that you must give up control. This can cause discomfort because employers are placing the company’s growth in someone else’s hands. Although letting go can be a daunting task, this can really help your business. Independence can be a great asset to your company, bringing creativity and revenue. When you give your employees the freedom and ability to do things in their own way, they will grow creatively and will feel the empowerment they need to move forward. Here’s how you can give employees independence without losing control of your business:
If you aren’t formally training your staff, you’re not alone. 31% of companies do not formally train their employees. If you are part of that group, you may want to consider implementing a program or plan soon. Training your employees properly is one of the most important things you can do at the workplace. It can improve finances, strengthen employee happiness, improve knowledge among staff, lessen weaknesses that you may have as a company, expand the basic knowledge for all employees, and intensify productivity.
Not only can you expand knowledge and productivity, but you can also use training as a retention and recruitment tool. A study by Udemy showed that 70% of employees agree that training could help them learn to focus and manage their time better. A study by Udemy also found that 51% of employees would be more likely to quit their jobs if they didn’t have proper training. Employees want to be trained and take it very seriously.
Employers often give employees benefits to help them settle into new positions. Many employees think that they deserve benefits like vacation time, laptops, pension plans, Insurance, and more. Although many employers provide these perks and amenities, there is no obligation to provide anything to your employees beyond these legally required benefits:
Time theft is common among employees in the workplace and comes in many forms, most of which can be difficult to catch. One of the most common types of time theft, called “buddy punching,” occurs when one worker punches the clock on behalf of a late or missing co-worker. Most managers agree that dealing with attendance problems is hard enough but can be even harder with dishonest employees. With 3 out of 4 companies experiencing time theft from buddy punching, the practice is a serious problem facing most businesses at one time or another leading to poor productivity and lost profits.
All employers want to have a good rapport with their employees. In order to achieve that, there needs to be respect. Respecting employees’ time is a key part of this as time is a valuable commodity at work. By respecting employees’ time, you help them work more efficiently, and you show them that you value the effort they put into their work. Here are eight ways to respect your employees’ time and help them work more efficiently.
For businesses of all sizes, strong relationships between team members is the most important foundation to the success of team projects. While no one is expected to be best friends with their colleagues, strengthening your team’s ability to collaborate and openly communicate with one another can prevent projects from stalling, while creating a more positive work environment. Here are some of the ways managers can improve team dynamics in order to speed up the workflow, increase overall efficiency, and boost employee morale.
If you want your business to excel, your employees need to feel appreciated. When they don’t, their passion for their work wanes, and they start to give it less effort. But when your employees feel valued, they’re motivated and engaged. They put more into their work, which benefits the company in obvious ways.