Employee Needs

January 23, 2017 in Employee Engagement, Team Work

Employee Needs

Employee Needs

You’ve noticed something strange in your team members. There’s something about their behaviour that wreaks of unhappiness and disinterest.

Maybe they’ve been getting to work later every day, deadlines keep getting pushed back, or the willingness they once had to have their say has worn off. As their manager, you can tell something’s wrong.

If you don’t do something soon, you’re going to lose them.

According to a 2012 study conducted by Kelly OCG, many employees feel directionless and disposable; less than half (44%) of employees worldwide reporting feeling valued by their employers, and only 48% say their current job provides them with meaning. As their leader, you have a big impact on whether those disengaged employees stay or go. Here are four things you can do to help them out:

Check in, and keep your mind open

Schedule a 1:1 meeting with your employees; block out at least half an hour to catch up. Find out if anything has changed when it comes to their personal vision, goals and values. Are they still aligned to those of your organisation? Is the job they’re doing or the projects they’re part of still giving them the right balance of challenge and satisfaction? If not, ask your employee what they’re looking for. It might be time to adjust priorities or expand their ability to work in other areas and with other teams.

Give them something to care about

Allowing employees to see how they fit into the larger picture activates their sense of belonging, effectiveness and meaning. “New research shows there is a strong correlation between happiness and meaning,” says Jennifer Aaker from the Stanford Graduate School of Business. “In fact, having a meaningful impact on the world around you is actually a better predictor of happiness than many other things you think will make you happy.” Meaning is more important now than ever. A study conducted by researchers at the University of Alberta found that people who focused on the meaning and purpose in their work experienced a 60% drop in absenteeism and a 75% reduction in turnover.

Open the feedback loop

David Niu, founder of TINYpulse and author of Careercation, stresses it’s critical for employers not to lose touch with their employees. One way he’s done this successfully is to ensure there is a way for employees to give anonymous feedback, and that feedback is actioned. “I won’t answer a survey unless I’m convinced that doing so will benefit me,” wrote Bruce Kasanoff in a recent Forbes article about David Niu’s approach, “Employees are no different. If you use employee feedback to create a spectacular place to work, you’ll enjoy frank and useful guidance from your team. It really is that simple.”

Recognise the little things

One really simple, free way to boost happiness and morale in your employees is to say “thank you” when they do a good job. “The deepest principle in human nature is the craving to be appreciated,” said William James, psychologist and philosopher. Did they meet a deadline or deliver early? Did they handle a customer complaint well? Did they show initiative and take on a task they didn’t need to? Then tell them you appreciate it. Positive reinforcement not only makes the person receiving it happy, it also boosts your mood and outlook on the organisation.

“Happiness is a daily journey,”James Key Lim, an early leader at Zappos, said in an interview with Fast Company. In order to avoid staff feeling disillusioned and disengaged, employers need to put in the hard work to cultivate happier employees. It’s not a matter of “setting and forgetting,” it requires daily reinforcement and conscious effort from leaders, every single day.

How does your business rate on appreciating and valuing your staff, whilst ensuring employees know how they contribute and belong to your organisation? What have you done to turn the boat around when your team is heading for a rocky patch?

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Increase Employee Motivation

December 1, 2016 in Employee Engagement, Team Work

Increase Employee Motivation

increase employee motivation

Are you building or destroying motivation in your workplace? How do you score against this checklist? Read on and make sure you’re not committing the mistakes that might be contributing to your team’s (and company’s!) poor performance:

1 – Don’t leave strategy and vision to the CEO.

If you want to succeed and bring others with you, it doesn’t matter where you sit in the organisation’s food chain. Take time to understand and contribute to the company’s strategy, mission and values. Work out how you and your team’s work fits into the big game plan. You can’t motivate yourself or others if you don’t even know why you’re here.

2 – Do use your team meetings as opportunities to connect your work to something bigger.

Purpose is a huge intrinsic motivator, so talk about how your work relates to big picture goals regularly. Constantly aligning your team’s work to a larger mission allows individuals to recognise how they can contribute to, and participate in, the success of the business. It also allows you to provide context about the purpose and design of roles and projects, and enables staff to prioritise their work according to what adds the most value.

3 – Don’t dismiss the importance of a one-on-one catch up with your team members.

Your days are so full so you consistently reschedule or cancel 1:1 meetings with your direct reports (or worse, you never even had them in your calendar) and, as a result, you rarely see your team. You tell yourself they understand you’re busy, and since they haven’t asked, they don’t need your help. Sound familiar? If so, it’s time to stop.

4 – Do prioritise your people

Your people are the engine of your organisation. No matter how much fuel your customers push through in the form of cash flow, if your engine is in dud condition, your business isn’t going anywhere. Take care of your engine: put your people first. Schedule recurring 1:1 meetings with all of your direct reports. Use this time to strategically boost motivation and performance. Recognise accomplishments, discuss challenges, and set SMART goals that both of you will commit to revisiting and measuring regularly. 1:1 catch-ups allow you and your employees to balance autonomy with accountability; both of which are big motivational drivers.

5 – Don’t criticise your staff more often than you thank them.

Gratitude is easy and free. If you want high performing, motivated employees the last-century leadership style that tells you not to recognise employees for work they’re already being paid to do needs to go (while you’re at it, check your own leadership style against these 4 leadership qualities that drive engagement). Never let your negative comments outnumber the genuine compliments you give.

6 – Do give recognition when it’s due

Positive feedback is an exceptional intrinsic motivator: recognising work gives people a sense of pride. Consciously recognising and rewarding good performance is a worthwhile investment. If this is all new to you, start by proactively finding two or three things to say “thank you” for during your 1:1 meetings. If you want to build a culture of gratitude, look into a strategic employee recognition program. Formalising a recognition and reward program not only makes the process of evaluating and recognising staff transparent and efficient, it shows employees that your gratitude is genuine, and that their contributions add financial value to the company.

7 – Don’t ignore who your employees are outside of work.

If you want dedicated employees who go above and beyond to get a job done, then respect that there is more to them than their job title. Your people have lives and responsibilities outside their 9-5 call of duty, and they will be more motivated and empowered to give 100% to their work if you let them bring their whole self to work, instead of having to leave behind 50% of their personality before they enter the office.

8 – Do make it your mission to know how to get your staff performing at their best.

A cost-free way to determine what motivates your staff is to get to know more about them. Investigate their strengths and weaknesses. What do they invest their time in outside work? Do they enjoy competitive sports? Do they have a family, or interests that this job is helping to support? Are they creative? Are they analytical? Find out what areas they require training or support. Use this knowledge to plan ahead and create practical pathways to contribute to their professional success.

Finally…
As a people leader, the last thing you want is your team to be part of the 43% of employees that are dissatisfied at work. The cost of replacing staff is far higher than the cost of changing your behaviour. Align your team’s efforts with company goals, devote time to your professional relationship, regularly recognise their contributions, and proactively get to know what makes them tick.

These are simple but effective habits that can help you keep employee motivation alive and individuals thriving in your workplace.

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Slow down your Attrition Rate

December 1, 2016 in Employee Recognition, Team Work

Attrition Rate

How to slow down your attrition rate?

attrition rate

Your brand new recruit is the perfect fit. They are living your values, mastering your systems and the time and money you spent recruiting them is paying off. But did you know that they are probably already planning their next move?  One in four new recruits will leave an organisation within six months and over 50% of people will leave within two years.

What about your existing employees? Some are likely to stay with you long enough to advance their career, but less than half of them believe this option is a possibility.

What does this mean for you and how do you stop your people from disengaging with you before it’s too late?

1.    The (preventable) cost of employee erosion

It is estimated that staff turnover costs up to 150% of a person’s annual salary. In an organisation with 100 employees, an average salary of $75,000 and staff turnover of 9%, that equates to around $1million per annum. This figure accounts for recruitment, induction and the loss of productivity during the on-boarding period. You will be alarmed when you take a look at this number as a percentage of your overall profit line.

2.    Money is not enough to save them

Only 38.6% of people jump ship for better pay.  The good news is keeping your people is largely in your control and with the right mix of recognition, communication, shared values, motivating tasks and career advancement opportunities, your people are more likely to stick around and give back over and above what you have invested to secure them.

3. Your managers influence the destruction

Managers have the greatest opportunity to lead by example and drive a team of engaged employees, yet 24% of employees disagree with the statement, “My manager motivates and inspires me”. Engaged employees are more productive, deliver higher profits and are less likely to be tempted to leave your organisation, so it makes sense to keep your managers in check and equip them with the training and resources they need to lead a highly engaged team.

4. Do unto others…

Don’t expect loyalty from your people if you aren’t offering them the same courtesy. Show your employees that you respect and have trust in them and they will reciprocate by sharing their skills and ideas, and will be more willing to commit to achieving your long term business goals.

5. Other companies are prepared to recognise your people

Almost 50% of employees would leave their current job if they had the opportunity to be better recognised for their contributions elsewhere. A dedicated recognition program can lower voluntary turnover, drive productivity and lead to repeat positive behaviours. Recognition doesn’t need to be expensive, just make sure it is frequent, specific and most importantly, personal. “Thanks” goes a long way in showing someone they are valued.

While you can’t save everyone, there is a lot you can do to slow down unnecessary attrition in your organisation. Keep your people motivated, engage them in all aspects of your business and make sure they know that you notice, and appreciate, their achievements. Make it your personal goal to understand what motivates your people and what keeps them coming back day after day, especially once the honeymoon period is over.

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